On Oct 25, the Wuhan Economic & Technological Development Zone (WEDZ) took a significant step in its market-oriented investment efforts by establishing two specialized companies: WEDZ Investment Promotion and Industrial Development Co and Wuhan Junshan New City Investment Development Co.
The companies will focus on developing a modern industrial system in WEDZ that aligns with high-quality development goals. They aim to explore new models for attracting investment, facilitating investment, and providing comprehensive services for enterprises.
As a subsidiary of Wuhan Economic Development Industry Investment Group, WEDZ Investment Promotion and Industrial Development Co will use the group's strengths in industrial investment, technological incubation, asset operation, and park development to support the zone's investment attraction and industrial development efforts.
A representative from the group stated that the company will serve as a professional platform for investment promotion, publicity, and enterprise services. By innovatively utilizing capital investment, fund operations, technological drivers, and industrial chain coordination, the company aims to guide industrial funds and strengthen, supplement, and extend the industrial chain through strategic fund investments.
A wholly owned subsidiary of Junshan New City Science and Technology Investment Group, Wuhan Junshan New City Investment Development Co will bring in teams specializing in equity investment, industrial research, and park operations. It aims to attract a range of outstanding enterprises through capital investment, asset operation, and business cooperation, creating a new investment attraction landscape in WEDZ.
A Wuhan Junshan New City Science and Technology Investment Group representative explained that the company will enhance scenario-based investment attraction. It will focus on industries such as low-speed unmanned logistics and low-altitude drone logistics. By adopting cooperative and joint venture operation platform models, the company aims to build a localized commercial ecosystem.
The company will use the zone's new energy applications and hydrogen industry foundation to target hydrogen fuel cell and equipment enterprises. It will focus on carbon footprint certification, distributed energy storage, integrated energy transformation, and virtual power plants.
