Minsheng Industry Foundation is an autonomous region-level non-public offering foundation initiated by Beijing Heyuese Real Estate Investment Consulting Service Co., Ltd. and Xinjiang Wei Nuoman Environmental Protection Technology Co., Ltd., aiming at using advanced technology, reducing construction costs, promoting environmental protection, and devoting itself to the exchange and publicity of environmental protection, housing industrialization, social poverty alleviation and other public welfare fields and related public welfare undertakings.

The establishment of the People's Livelihood Industry Foundation in Xinjiang Uygur Autonomous Region marks the addition of a new army to public welfare undertakings in our region.