On November 5, Guiyang Rongcheng Holding Group Co., Ltd. held the unveiling ceremony. Zhu Yanghui, Deputy Secretary of the County Party Committee and Head of the County, and Mo Xiong, Member of the Standing Committee and Deputy Head of the County Party Committee attended the unveiling ceremony.

It was understood that Guiyang Rongcheng Holding Group Co., Ltd. was established on December 10, 2018 with the approval of the county government. It is a comprehensive state-owned enterprise formed by the transformation and reform of the original Guiyang County urban construction investment management office and its subordinate financing platform company. The business scope of the company includes investment, financing, construction, operation and related supporting services of urban infrastructure and public welfare projects; preliminary work of land reserve and primary development and arrangement, etc.

The establishment of Rongcheng Holding Group Co., Ltd. will build a new pattern of efficient operation of state-owned enterprises and state-owned assets in Guiyang County in an all-round way, making a good start for the government debt risk resolution and the entity operation of financing platform companies.