Huaxi Group establishes a urban renewal company with a capital of 5 billion yuan.

Tianyancha App shows that recently, Sichuan City Renewal Limited Company was established with Yu Qiang as the legal representative and a registered capital of 5 billion RMB. Its business scope includes municipal facilities management, asset management services for self-owned funds investment, investment activities with self-owned funds, and engineering management services. Shareholder information indicates that the company is wholly owned by Sichuan Huaxi Group Limited Company.