Wuhan Urban Construction Investment and Development Group Co., Ltd. was established in 1997. It is a wholly state-owned municipal company engaged in urban infrastructure investment and construction. In July 2002, the Wuhan Municipal Party Committee and Municipal Government decided to reorganize urban construction assets and expand urban investment companies. At the same time, it was clarified that the Wuhan Municipal People's Government Urban Construction Fund Management Office and Wuhan Urban Investment Group Company will operate under two brands and operate as a whole. As an investment and financing entity for urban infrastructure construction, it is responsible for the financing of urban infrastructure projects and related debt repayments; undertakes the construction tasks of urban infrastructure projects assigned by the relevant administrative departments of the municipal government; is responsible for the operation and related development of urban infrastructure assets; As authorized by the Municipal State-owned Assets Supervision and Administration Commission, it operates the state-owned assets of its affiliated enterprises and is responsible for maintaining and increasing the value of state-owned assets; it is responsible for the operation and management of its affiliated enterprises and ensures safe production and high-quality services.