Founded in 1998, China Fortune Land Development Co., Ltd. (CFLD) (Stock code: 600340) is China's leading new industrial city operator. By the end of 2015, the assets of CFLD had approached RMB170 billion.
With new industrial cities of “economic development, social harmony and people's happiness" as its core product, CFLD upholds the concept of “four persisting” in the systematic development of new industrial cities, namely "persisting in taking the green ecology as the foundation, persisting in taking happiness cities as the carrier, persisting in taking the innovation drive as the kernel, and persisting in taking industry clusters as the starting point". CFLD explores and realizes the economic and urban development and people's livelihood security by innovating and upgrading the PPP market operation model in a "government-led, enterprise-run, win-win cooperation" way, effectively enhancing the comprehensive value of regional development.
CFLD has been committed to becoming a global leader in the construction of new industrial cities. After more than a decade, CFLD achieved the development model and values of innovation drive and new urbanization by relying on the market-oriented mode of operation under the New Normal. On July 20, 2015, the PPP (with the cooperation between the government and social capital) mode explored by the Gu’an County Government and CFLD was commended on a circular by the General Office of the State Council.
At present, CFLD's business is distributed throughout more than 30 regions including Beijing, Hebei, Shanghai, Liaoning, Jiangsu, Zhejiang, Sichuan.