Qingdao Municipal Political Development Construction Group is registered with a registered capital of 6 billion.

Tianyancha App shows that recently, Qingdao Municipal Construction and Development Group Co., Ltd. was established. The legal representative is Wang Yuanbin, with a registered capital of 6 billion RMB. Its business scope includes real estate development and operation, construction engineering construction, investment activities using its own funds, land improvement services, engineering management services, housing leasing, non-residential real estate leasing, engineering and technical research, and experimental development, etc. It is fully owned by the State-owned Assets Supervision and Administration Commission of Qingdao Municipal People's Government.