China-Malaysia Qinzhou Industrial Park (Guangxi) Investment Holding Group Co., Ltd. (hereafter referred to as the GCMG) was established in April, 2017 with a registered capital of 2 billion yuan. As an enterprise directly subordinate to the People's Government of Guangxi Zhuang Autonomous Region, the GCMG is tasked with the vital mission of promoting cooperation and exchanges between China and Malaysia, focusing on strategic investments in the China-Malaysia Qinzhou Industrial Park. The group serves as a pioneering strategic investor for industrial and urban functional projects and operates as a key platform for the marketization and internationalization of state-owned capital. It plays a leading role in the development of the China-Malaysia Qinzhou Industrial Park and in fostering international cooperation stated-owned capital. The group's ambition is to become a leading comprehensive industrial operator in China. By the end of 2023, the GCMG had 6 secondary subsidiaries and 83 invested and holding enterprises, with total assets exceeding 40 billion yuan, operating revenue surpassing 30 billion yuan, and a workforce of over 600 employees have worked for the GCMG. Since 2019, it has consistently received an excellent rating in the annual assessments conducted by the Management Committee of China-Malaysia Qinzhou Industrial Park for five consecutive years and has been honored with 59 awards, including the Guangxi Construction Engineering "Zhenwu Pavilion Cup" Award (the highest quality accolade) and the Guangxi May Day Labor Award in 2022.
To be the leading corporate in the Beibu Gulf
The GCMG is actively implementing the important directives regarding initiatives in Guangxi, which is set forth by Xi Jinping, General Secretary of the CPC Central Committee. By leveraging the resources from the China-Malaysia "Two Countries, Twin Parks" Initiative and the advantages of the park, the group is fully integrating into national strategies such as the Belt and Road Initiative and the New Western Land-Sea Corridor. It is seizing the opportunities presented by Guangxi's development framework of "One Area, Two Places, One Park, and One Corridor", while executing a development strategy centered around "One Core, Two Wings, and Three Drivers". The group is committed to enhancing and expanding economic exchanges and cooperation among China, Malaysia, and ASEAN countries, while comprehensively providing top-tier park services. Its goal is to establish a new investment attraction model led by state-owned enterprises, thereby promoting the clustered development of marine industries. It has established an integrated development model encompassing three cores, namely the city development, construction and operation, the trade logistics and supply chain services, and the marine industry investment. Moreover, it is dedicated to establishing four major platforms of integrated production and financial services, comprehensive industry-city services, transformation of technological achievements from production, education, and research, and cross-border supply chains. This approach plays a vital role in guiding investment in basic, resource-oriented, strategic and other areas.
Development history
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PREFACE
Every stream of time carries a mark of being extraordinary.
Every battle goes with the clarion call of forging ahead.
Forge ahead despite all the trials and hardships.
Travel over the rainbow with the blueprint in sight.
Being diligent and go far, being practical and innovative.
Walking with the light, striving in the most beautiful posture!
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The year 2017
Go with the trend to start a new chapter
In this year, China-Malaysia Qinzhou Industrial Park (Guangxi) Investment Holding Group Co., Ltd., formerly known as China-Malaysia Qinzhou Industrial Park (Guangxi) Investment Service Co., Ltd., has been reorganized and upgraded to a state-owned enterprise directly under the People's Government of Guangxi Zhuang Autonomous Region.
-- On February 23rd, the General Office of the People's Government of Guangxi Zhuang Autonomous Region issued the “Notice on the Implementation Plan for Reforming and Improving the State-owned Asset Management System of China-Malaysia Qinzhou Industrial Park" (Guangxi Government Office Issue No. 32 in 2017), reorganizing China-Malaysia Qinzhou Industrial Park (Guangxi) Investment Service Co., Ltd. into a state-owned capital investment company, officially changing its name to China-Malaysia Qinzhou Industrial Park (Guangxi) Investment Holding Group Co., Ltd., as a state-owned enterprise directly under the People's Government of Guangxi Zhuang Autonomous Region.
-- On April 7th, the company was officially changed the name to China-Malaysia Qinzhou Industrial Park (Guangxi) Investment Holding Group Co., Ltd. in business registration.
-- On April 20th, construction of the first underground comprehensive pipe corridor - the China-Malaysia Qinzhou Industrial Park underground comprehensive pipe corridor demonstration project - kicked off in Qinzhou.
-- On July 24th, the Party Committee of China-Malaysia Qinzhou Industrial Park (Guangxi) Investment Holding Group Co., Ltd. was officially established according to the notice issued by the CPC Guangxi Committee.
-- On August 28th, it collaborated with Shenzhen Colour Life Service Group Co., Ltd., the first company from the Chinese mainland specialized in community service listing on Main Board of Hong Kong, to jointly establish a holding subsidiary called Guangxi China-Malaysia Colour Life Property Management Service Co., Ltd., with 51% shares.
-- On October 27th, the wholly-owned subsidiary, China-Malaysia Qinzhou Industrial Park (Guangxi) Huahu Lide Education Investment Co., Ltd., was established through investment.
-- On December 25th, construction of the first real estate project, the resettlement apartment project (Peacock Bay East County), in the China-Malaysia Qinzhou Industrial Park pilot zone kicked off.
-- On December 28th, the wholly-owned subsidiary, China-Malaysia Industrial Park (Guangxi) Financial Investment Co., Ltd., was established through investment.
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The year 2018
Ride the wind and cleave the waves, striving for progress
This year, China-Malaysia Investment Holding Group (GCMG) has deepened strategic cooperation, made overall plans of development, set the direction, adhered to the people-oriented principle, strengthened management and promotion, and made every effort to achieve the annual objective.
-- On February 6th, the wholly-owned subsidiary, China-Malaysia Qinzhou Industrial Park (Guangxi) Development Co, Ltd, was established through investment.
-- On February 9th, Zhang Xiaoqin, Vice Chairman of the Standing Committee of Guangxi Zhuang Autonomous Region People's Congress unveiled the plaque for the GCMG together with the leaders of the management committee of the industrial park.
-- On April 9th, the subsidiary Qinzhou Urban and Rural Planning and Design Institute Co., Ltd. was acquired through investment with 92% shares.
-- On June 14th, GCMG and Suzhou Academy of Xi'an Jiaotong University signed a strategic cooperation framework agreement, and the two parties planned to cooperate in the primary and secondary schools in the park.
-- On June 29th, GCMG’s equity interest in China-Malaysia Qinzhou Industrial Park (Guangxi) Jetsen Communications Infrastructure Investment Co., Ltd. was changed to 70%, while China-Malaysia Qinzhou Industrial Park (Guangxi) Development Co., Ltd. held 30% shares.
-- On August 16th, the General Administration of Customs of the People's Republic of China issued Announcement No. 107 of 2018 (that was an announcement on the inspection and quarantine requirements for the import of Malaysian unprocessed cubilose), allowing the import of Malaysian unprocessed cubilose that complies with the “Inspection and Quarantine Requirements for the Import of Malaysian Unprocessed Cubilose”.
-- On September 3rd, China-Malaysia Qinzhou Industrial Park (Guangxi) Huahu Lide Education Investment Co., Ltd. signed a cooperation agreement with Guangxi College for Preschool Education and its affiliated kindergarten under the Education Department of the Guangxi Zhuang Autonomous Region.
-- On September 6th, China-Malaysia Sunshine International School of Xi'an Jiaotong University held its first opening ceremony for new students, marking groundbreaking basic education in the park and ushering in a new chapter of international education in the park.
-- On October 26th, the China-Malaysia Zhihui Kindergarten, held a plaque unveiling and opening ceremony, marking a groundbreaking success in preschool education in the park.
-- On October 31st, jointly invested with the China-Malaysia joint venture company and CCCC Urban Investment Holding Co., Ltd. to establish a joint-stock subsidiary CCCC Urban Investment China-Malaysia Qinzhou Industrial Park (Guangxi) Co., Ltd., to develop the Jingujiang Area of China-Malaysia Qinzhou Industrial Park together, making it the first urban project that introduced social capital for area development.
-- On November 15th, GCMG cooperated with Guangxi Television and Media Development Group Co., Ltd. to invest and establish a joint venture subsidiary named China-Malaysia Qinzhou Industrial Park (Guangxi) Maritime Silk Road Industry Investment Co., Ltd.
-- On November 28th, the third-tier subsidiary, China-Malaysia Qinzhou Industrial Park (Guangxi) Huahu Lide Education Investment Co., Ltd., upgraded to a second-tier subsidiary.
-- On December 17th, China-Malaysia Qinzhou Industrial Park (Guangxi) Jetsen Communications Infrastructure Investment Co., Ltd. was changed to a wholly-owned subsidiary of GCMG, and was renamed China-Malaysia Qinzhou Industrial Park (Guangxi) Dahuan Communications Infrastructure Investment Co., Ltd.
-- On December 28th, China Chengxin International Credit Rating Co., Ltd, a well-known domestic rating agency, officially assigned an AA credit rating to GCMG.
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The year 2019
Ride on the wind together for the development
In this year, GCMG has adhered to its innovative strategy, continuously expanded its business scope, made a breakthrough in digital construction, and consistently enhanced the company's core competitiveness, striving to promote high-quality development of the enterprise.
-- On January 23rd, a holding subsidiary, China-Malaysia Qinzhou Industrial Park (Guangxi) Daping Human Resources Co., Ltd, was established through investment, with 51% shares, in cooperation with Guangxi Talent Exchange Market. It is committed to building a high-quality human resources service platform.
-- On March 18th, Huawu Chanxie Corporation, a subsidiary, cooperated with a state-owned enterprise from Sichuan to jointly establish Guangxi Chuan Gui International Investment Development Co., Ltd.
-- On July 18th, the "Two Countries, Twin Parks" Party Building Management School of GCMG was officially established, aiming to cultivate excellent cadres for state-owned enterprises in the new era who are "loyal to the Party, daring in innovation, capable of enterprise management and development, and honest and upright".
-- On August 30th, the plaque unveiling ceremony for the Supervision Commissioner's office in GCMG was held.
-- On September 17th, the first business hotel in the park, Floral Hotel China-Malaysia Bay International (owned by Fangyuan Tourism Investment Co., Ltd.), opened for trial operation. This hotel is the first officially operated business hotel in the park.
-- On October 12th, the shareholding of Qinzhou Urban and Rural Planning and Design Institute Co., Ltd. by GCMG changed to 92%.
-- On November 9th, the China-Malaysia Intelligence Park System developed by GCMG was rated as the first batch of key demonstration projects leading the construction of Digital Guangxi in Guangxi Zhuang Autonomous Region.
-- On November 20th, the launching ceremony of the Malaysian unprocessed cubilose export and processing was held in the park. 150 kilograms of Malaysian unprocessed cubilose arrived at the cubilose processing and trading base for deep processing, becoming the first batch of unprocessed cubilose exported to China globally. The "Zhongma Jinguyan" Standardized Cubilose Processing Innovation Demonstration Production Center was fully put into operation. Its subsidiary, Jingu Investment Co., Ltd., became the first approved unprocessed cubilose processing and production enterprise in China, the first approved designated processing enterprise for the imported unprocessed cubilose in China, the only state-owned enterprise for imported cubilose processing and production in China, and the first enterprise for import, processing, production, and sales of unprocessed cubilose in the world.
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The year 2020
Move forward with confidence and gather momentum for the long term plan
In this year, GCMG overcame the difficulties of the severe pandemic situation, made new strides in financial opening up and innovation, achieved the groundbreaking success in bond offering, and played an increasingly important role in the construction and development of service fields.
-- On January 6th, it cooperated with CCCC Urban Investment Holding Co., Ltd. to establish a holding subsidiary, China (Guangxi) Pilot Free Trade Zone CCCC China-Malaysia Real Estate Co., Ltd., with a 50% stake.
-- On March 27th, GCMG donated money and epidemic prevention supplies such as masks to the Malaysian shareholders of the China-Malaysia "Two Countries, Twin Parks" Initiative.
-- On April 3rd, China-Malaysia Industrial Park (Guangxi) Industrial Platform Investment Co., Ltd. was changed from a subsidiary of GCMG to a wholly-owned subsidiary, named Guangxi China-Malaysia Industrial Park Financial Investment Co., Ltd.
-- On May 28th, the construction of Malai Avenue (Yudonggenjiang Bridge, Xiabujiang Bridge) - Xiabujiang Bridge Project was awarded the "Zhenwuge Cup" 2020 Guangxi Construction Engineering Award.
-- On July 24th, GCMG unveiled its new office building.
-- On August 7th, China (Guangxi) Pilot Free Trade Zone China-Malaysia Qiyuan Asset Management Co., Ltd, a subordinate third-tier holding company, became the first licensed fund management institution established by a local state-owned enterprise in the Qinzhou Port Area. This marked a more solid step for Qinzhou Port in implementing financial opening up and innovation and enhancing capital guidance ability.
-- On August 28th, the cubilose processing and trading base in China-Malaysia Qinzhou Industrial Park was awarded the "China (Guangxi) Pilot Free Trade Zone 'China-ASEAN Cross-border Agricultural Product Industry Chain Cooperation Project' Innovation Demonstration Project", becoming one of the first 18 innovation demonstration projects in China (Guangxi) Pilot Free Trade Zone.
-- On September 29th, the China-Malaysia Duty-Free Shopping Mall, the first large-scale commercial complex project to open since the establishment of the Qinzhou Port Area, held an opening ceremony for trial operation.
-- On October 26th, Peacock Bay Park passed the completion acceptance and served as the designated venue for the 2020 Qinzhou Oyster Festival.
-- On October 31st, the offering of 7-year corporate bonds of 560 million yuan was completed. This marked a groundbreaking success for the GCMG in achieving market-based financing and sets a record for the lowest interest rate on 7-year bonds issued by Guangxi AA-rated companies since 2017.
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The year 2021
Keep pace with the times and forge ahead
In this year, stimulated by the overall environment, GCMG achieved economic indicators growth against the trend, and seized the opportunity in financial innovation, accelerating integration in reform and development, and significantly improving the effectiveness of development guided by Party building.
-- On April 29th, the commercial center project of Building No.7 of the Intelligent Industrial Park Project in China-Malaysia Qinzhou Industrial Park was awarded the "Zhenwuge Cup" 2021 Guangxi Construction Engineering Award.
-- On September 11th, the subordinate China-Malaysia Park (Guangxi) Financial Investment Co., Ltd., the district management committee and foreign-invested enterprises jointly signed the "Strategic Cooperation Agreement on Foreign-Invested Equity Investment Funds".
-- On September 30th, the subsidiary, China-Malaysia Park (Guangxi) Financial Investment Co., Ltd., established a 1-billion-yuan China-Malaysia New Channel Fund of Funds.
-- On October 14th, the first foreign-invested QFLP fund was launched in Guangxi, marking a groundbreaking success in Guangxi's QFLP pilot program.
-On October 21st, GCMG held the inauguration ceremony for the establishment of the Party Building Education Base.
-- On November 29th, the Peacock Bay Tourist Area (including the China-Malaysia Duty-Free Shopping Mall and the Wave Square) was rated as a national level-AAA tourist attraction.
-- On December 2nd, the Beidou Phase II project was recognized as the Learning and Communication Project for the Standardization of Construction Site Safety Production for Construction Engineering Projects of China Construction Industry Association in 2021.
-- On December 15th, China-Malaysia Industrial Park (Guangxi) Huawu Chanxie Investment Co., Ltd., a subsidiary of the company, jointly established China (Guangxi) Pilot Free Trade Zone Chun Gui New Corridor Development Co., Ltd. with Sichuan Port and Shipping Investment New Corridor Logistics Group and Qinzhou Beibu Gulf Port Investment Group. The company is responsible for the construction and operation of the comprehensive cold chain logistics project of Qinzhou Port Base for the New International Land-Sea Trade Corridor.
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The year 2022
Transformation and upgrading, pioneering and always on the way
This year, GCMG bravely shouldered its responsibilities in fighting against the epidemic and overcame difficulties in serving development. It has continued to strengthen its ideological foundation and build a solid foundation for the roots and soul of state-owned enterprises; it kept to improve Party building and build up the cadre team; the business management has gradually been put on the right track, and the dawn of transformation and development has begun to appear.
-- On February 28th, the investment was made to establish China (Guangxi) Pilot Free Trade Zone China-Malaysia Supply Chain Management Co., Ltd., a wholly-owned subsidiary of China-Malaysia Park (Guangxi) Financial Investment Co., Ltd., which was conducive to expanding the business scale and forming stronger financing capabilities, and of great significance to promote the import and export business of the Qinzhou Port Area of China (Guangxi) Pilot Free Trade Zone and integrate upstream and downstream resources to provide good services to enterprises in the area.
-- On April 12th, GCMG’s employee canteen - Fangyuan Tourism Investment Company's Intelligent Kitchen was officially unveiled and put into use, achieving practical results in the Employee Care Three-Year Action Plan.
-- On April 28th, GCMG received the Guangxi "May 1st" Labor Certificate of Excellence.
-- On May 26th, GCMG Committee of Chinese Communist Youth League was officially established. It was of great significance in terms of gathering the strength of young people and playing the role of young members as a driving force in the high-quality development of GCMG.
-- On June 7th, the construction of Buildings No.5 and No.6 of the R&D Building in the Intelligent Industrial Park in China-Malaysia Qinzhou Industrial Park was awarded the highest quality award of the "Zhenwuge Cup" 2022 Guangxi Construction Engineering Award.
-- On June 29th, a signing ceremony was held for the cooperative operation of long-term rental apartments in the China-Malaysia Industrial Park together with Ziroom Group, a leading long-term rental apartment brand.
-- On July 29th, the 5th anniversary celebration of the founding of GCMG was successfully held in the hall of the company at the first floor, receiving congratulations from the leaders of Guangxi Zhuang Autonomous Region, as well as the leaders of the Qinzhou Municipal Party Committee and the Qinzhou Municipal People’s Government.
-- On August 15th, the Party member conference of the Communist Party of China in China-Malaysia Qinzhou Industrial Park (Guangxi) Investment Holding Group Co., Ltd. was successfully held, and the new members of Party Committee and Commission for Discipline Inspection of GCMG were elected.
-- On December 5th, it jointly invested with Guangxi Qinzhou Lianhai Industrial Investment Group Co., Ltd. to establish a holding subsidiary, China (Guangxi) Pilot Free Trade Zone Qinzhou Port Area Huahu Natural Gas Pipeline Network Co., Ltd.
-- On December 30th, through a transfer, China (China) Pilot Free Trade Zone Qinzhou Port Area Development Investment Group Co., Ltd. was transferred to a subsidiary of the GCMG (with 50% shares).
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The year 2023
Set sail towards a new chapter
In this year, GCMG developed with the trend, forged ahead with innovative spirit, and made overall plans around the real economy, seeing the emergence and accelerated development of new business formats. The leading role of the seaward industry was increasingly prominent.
-- On March 22nd, GCMG's subsidiary, Huawu Chanxie Co., Ltd., officially signed a "Factory Lease Agreement" with Yuanhe Technology Co., Ltd., which successfully settled in Factory No. 11 of Malaysia Innovation Enterprise Industrial Park, becoming the first large-scale company to settle in the park.
-- On April 24th, China-Malaysia Qinzhou Industrial Park (Guangxi) Dahuan Communications Infrastructure Investment Co., Ltd. was renamed as Guangxi China-Malaysia Investment Holding Construction Group Co., Ltd.
-- On May 18th, Qipinhui Exhibition Hall (Shanghai), operated by GCMG's subsidiary, China-Malaysia Twin Parks (Shanghai) Energy Technology Co., Ltd., was officially put into operation in Shanghai. This marked an important achievement of GCMG actively participating in the development of the Yangtze River Economic Belt.
-- On May 17th, GCMG acquired Guangxi Xiexin China-Malaysia Distributed Energy Co., Ltd., and renamed it Guangxi China-Malaysia Investment Holding Distributed Energy Co., Ltd.
-- On June 25th, Guangxi China-Malaysia Investment Holding Distributed Energy Co., Ltd. held a ribbon-cutting ceremony.
-- On June 25th, GCMG, in collaboration with Pengcheng Technology (Shenzhen) Co., Ltd. and Shenzhen Shenwan Transformation Investment Co., Ltd., established Guangxi Pengcheng Pharmaceutical Industry Group Co., Ltd., and used Guangxi Pengcheng as the carrier to jointly build a biopharmaceutical industry-university-research base with research institutions.
-- On June 30th, GCMG signed a trilateral investment cooperation agreement with Guangdong Guanghong Asset Management Co., Ltd., a subsidiary of Guangdong Publishing Group, and Guangdong Tsinghua Smart Biotech Co., Ltd. in Guangzhou. The agreement aimed to jointly invest in the construction of a biopharmaceutical project in the Qinzhou Port Area of China (Guangxi) Pilot Free Trade Zone, with an annual production capacity of 20,000 tons of PDO (1,3-propanediol). The total investment for the project is approximately 450 million yuan.
-- On July 25th, DIAL EV Co., Ltd., invested by GCMG, held a ceremony for XVISTA new energy vehicles exporting to the ASEAN market in the China-Malaysia Qinzhou Industrial Park's Malaysia Innovation Enterprise Industrial Park.
-- On September 14th, GCMG and the Associated Chinese Chambers of Commerce and Industry of Malaysia held a ceremony to sign a joint investment strategic cooperation framework agreement.
-- On September 15th, the opening ceremony of Pingshan Biomedical Digital Medical Industry Center in the Qinzhou Port Area, as well as the signing ceremony of the three projects including joint laboratory for pet healthcare products between China and Malaysia and the industrial base, was officially launched.
-- On September 16th, GCMG participated independently for the first time in the China-ASEAN Expo.
-- On September 16th, at the 2023 China-ASEAN Silk Road E-commerce Forum, GCMG's subsidiary, Guangxi China-Malaysia Park Financial Investment Co., Ltd., signed a strategic cooperation agreement for the RCEP Industrial Financial Services Platform Project with Zhejiang Tielu Technology Co., Ltd.
-- On September 18th, GCMG's subsidiaries, China-Malaysia Financial Investment Company and China-Malaysia Supply Chain Company, signed cooperation agreements with Hongkong Tongzhong Energy Co., Ltd. and Malaysian enterprise ZHONG YUN SUPPLY CHAIN MANAGEMENT SDN BHD for the oil trading project and imported coffee bean project.
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The year 2024
Time keeps traces of all efforts.
Achievements of hard work are engraved in history.
Hand in hand, to the future.
Let's witness
a better China-Malaysia Investment Holding!