Pingtan Land Development Group

Pingtan Land Development Group(平潭土地开发集团公司) was set up in November 2014 with registered capital of 0.5 billion yuan ($500 million) making it one of the top five State-owned enterprises in Pingtan comprehensive pilot zone. Its operations span the investment, development, fund raising, construction and operation of land development, temporary dwellings, elderly care, irrigation and water conservancy, basic construction materials and mineral resources.

It has seven subsidiary corporations including Lancheng Investment and Development Co, Dingxin Real Estate Development Co, Mineral Resource Development Co and Qilin Asset Management Co.