Deyang Development Holding Group

What Deyang Development Holding Group does

Deyang Development Holding Group Co., Ltd. (德阳发展控股集团有限公司) is a wholly state-owned holding company formed in December 2019 through the merger of Deyang Municipal Construction Investment Co., Ltd. (est. 1998) and Deyang Industrial Investment Development Group Co., Ltd. (est. 2016), and approved and funded by the Deyang Municipal Government. The group operates as the primary municipal asset and development platform for Deyang city in Sichuan Province, with registered capital of 10 billion yuan, asset scale exceeding 100 billion yuan as of 2022, and 4,000+ employees organized into 8 second-tier professional groups and 100+ wholly-owned/controlled subsidiaries.

The group runs eight core business segments: industrial investment, construction engineering, urban operations (public transport, water, wastewater, solid waste, parking, property), cultural tourism and health, energy development, commercial investment and trade, international exhibitions, and talent services. Its core digital infrastructure includes the proprietary Deyang Intelligent Bidding Management System (德阳智慧招投标综合服务监管系统), used as the central procurement platform across the group and related SOEs, and the Electronic Guarantee Big Data Management Service Platform (电子保函大数据管理服务平台), which connects financial institutions, government regulators, and enterprise users for full-lifecycle electronic guarantee processing.

Revenue is generated through government-commissioned construction and infrastructure projects, ongoing urban operations services (recurring public utilities, property leasing, and municipal maintenance), industrial investment returns across sectors including equipment manufacturing, energy, chemicals, technology, healthcare, and education, and cultural/tourism/event services. GTM is sales-led and government-driven: the group secures mandates via direct government commissioning, public tenders on its bidding platform, and procurement platform announcements. The group is rated AAA domestically (Anrong, H1 2026) and was the first prefecture-level western-China SOE to obtain a Fitch investment-grade international rating (BBB-, October 2022); it issued a $350M offshore bond on the Hong Kong Stock Exchange in December 2022.

Name

Deyang Development Holding Group

Legal name

德阳发展控股集团有限公司

Website

https://deyanginvest.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Deyang Development Holding Group is a wholly state-owned municipal development platform of Deyang city in Sichuan, China, operating 8 business segments across infrastructure construction, urban operations, industrial investment, energy, cultural tourism, and digital platforms, serving the Deyang Municipal Government and city residents.

Ownership category

akta.pro rank

Product category

Urban Development & Municipal Services

NAICS

Corporate, Subsidiary, and Regional Managing Offices (551114), Industrial Building Construction (23621), Utility System Construction (2371)

SIC

Non-Operating Establishments (9995), General Bldg Contractors - Nonresidential Bldgs (1540), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Economic Development & Business Licensing (Local) (BPAIACAN)

akta.pro secondary industries

Public Works General Contracting (IMAFAAAG), Multi-Utility Distribution Companies (Electric + Gas/Water Distribution) (EUADABAJ)

Keywords

• Urban infrastructure construction
• Municipal utility operations
• State-owned asset management
• Construction engineering services
• Industrial investment services

Headquarters

HQ city

Deyang

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Construction and Engineering: Construction project contracts covering infrastructure, municipal works, roads, water conservancy, and real estate development through subsidiary construction groups.
2. Urban Operations Services: Ongoing urban management services including public transport, parking, water supply, wastewater treatment, solid waste disposal, and property management.
3. Industrial Investment Returns: Returns from equity investments in financial, equipment manufacturing, energy, chemical, transportation, logistics, technology, education, healthcare, and cultural sectors.
4. Cultural and Tourism Services: Revenue from cultural events, exhibitions, conference services, and tourism operations including venues such as Wende International Convention Center and Xuanzhu Lake Park.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Deyang Development Holding Group is a state-owned municipal holding company financed, approved, and overseen by the Deyang Municipal Government. It serves as the principal vehicle for the city's urban development, infrastructure construction, public utilities, industrial investment, and state-owned asset operation mandates. Through eight second-tier professional groups and over 100 wholly-owned or controlled subsidiaries, the Group delivers construction engineering, urban operations (water supply, wastewater, solid waste, parking, public transit), industrial investment, energy development, cultural tourism and exhibition services, commercial investment and trade, and digital industry services across Deyang city and surrounding Sichuan regions.

Product overview

Deyang Development Holding Group (德阳发展控股集团有限公司) is a state-owned holding company with registered capital of 100 billion yuan, established through the 2019 merger of 德阳市建设投资有限公司 (1998) and 德阳产业投资发展集团有限公司 (2016). The Group operates eight core business segments: industrial investment, construction engineering (through 德阳建设工程集团有限公司), urban operations (parking, water, waste management), cultural tourism and health (hotels, exhibitions, elderly care), energy industry, commercial investment, international exhibition, and talent services. The Group manages over 100 subsidiaries and controls assets exceeding 100 billion yuan with an AAA domestic credit rating and BBB- international rating. Key digital infrastructure includes the proprietary 德阳智慧招投标综合服务监管系统 for procurement management and the electronic guarantee big data management platform for guarantee lifecycle management.

Differentiator

Problem solved

Functional benefit

Products and services

• Construction Engineering Services (建筑施工)
• Urban Operations and Municipal Services (城市运营)
• Industrial Investment Services (产业投资)
• Energy Industry Services (能源产业)
• Cultural Tourism and Health Services (文旅大健康)
• Commercial Investment and Trade (商业投资)
• International Exhibition and Conference Services (国际会展)
• Talent Services (人才服务)
• Deyang Intelligent Bidding Management System (德阳智慧招投标综合服务监管系统)
• Electronic Guarantee Big Data Management Service Platform (电子保函大数据管理服务平台)
• Public Transportation Services (公共交通)
• Rural Property Rights Transaction Services (农村产权交易服务)

Quantifiable outcome

• Asset scale exceeded 100 billion yuan with revenue near 40 billion yuan as of 2022
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability2 records

Feature2 records

Partnerships

Five partnerships are on record, tiered moderate, core and minor.

• 成德创新中心 (Chengde Innovation Center)moderateGTM or Marketing Partner · 27 November 2024A financial and industrial matchmaking event between Chengdu and Deyang banks and enterprises was held at the Chengdu-Deyang Innovation Center, facilitating cross-city financial integration and business cooperation.
• Dongfang Turbine Co., Ltd. (东方汽轮机有限公司) and Dongfang Electric (东方电机有限公司)coreStrategic or Co-development Partner · 5 June 2024Deyang Development Group's subsidiary Deyang Energy Group partnered with Dongfang Turbine and Dongfang Electric to invest in and build the country's largest natural gas pressure-difference power generation project — the Huabei Oilfield Suqiao Gas Storage pressure-difference and waste heat comprehensive utilization project.
• Chengdu Gaoke Group (成都高科集团)moderateStrategic or Co-development Partner · 17 May 2024Deyang Development Group and Chengdu Gaoke Group held an exchange meeting to advance the construction of the Chengdu-Deyang High-end Energy Equipment Industrial Innovation Center, a joint initiative under a strategic cooperation agreement between Deyang city government and Chengdu High-tech Zone.
• Zoige County Government (若尔盖县工作组)minorOthers · 14 May 2024Deyang Development Group received a government delegation from Zoige County for exchanges on state-owned enterprise management and reform experiences, serving as a party-building assistance and rural revitalization cooperation relationship.
• Sichuan Dongshu New Materials Co., Ltd. (四川东树新材料有限公司)coreStrategic or Co-development Partner · 21 February 2024Deyang Development Group signed a strategic cooperation agreement with Sichuan Dongshu New Materials to jointly develop new materials industry projects in Deyang. The partnership leverages Deyang's industrial base and Dongshu's technical capabilities in new materials.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Regional players

• Hangzhou Urban Construction Group: Major Hangzhou municipal SOE engaged in urban infrastructure construction, public utilities, and municipal engineering. Comparable as a city-level construction and urban services platform, but operating in a tier-1 eastern coastal market.
• Wuxi Urban Development Group: Eastern China municipal SOE focused on urban infrastructure, real estate development, and public asset operations in Wuxi. Operates in a similar urban development/investment space but in a wealthier, more developed geographic market.

Broad incumbents

• Sichuan Development Holding: Provincial-level Sichuan SOE holding company with diversified industrial investment, infrastructure, energy, and financial holdings. Operates one tier above Deyang Development but serves as the ultimate provincial counterparty in many joint industrial investments.
• Chengdu Hi-Tech Investment Group: Larger Chengdu SOE focused on high-tech industrial park development, infrastructure investment, and urban operations in the Chengdu High-tech Zone. Operates a comparable municipal-investment platform but at significantly larger scale and broader scope.
• Chongqing Yufu Holding Group: Major Chongqing municipal SOE holding group overseeing state-owned asset operation, industrial investment, and financial holdings. Comparable structure as a municipal investment platform but at substantially larger scale in a tier-1 city.

Direct peers

• Yibin Development Holding Group: Sichuan prefecture-level SOE holding group with overlapping industrial investment, urban infrastructure, and energy sector exposure. Comparable municipal mandate and Sichuan operating geography make it a close direct peer.
• Nanchong Investment Development Group: Sichuan prefecture-level municipal SOE holding group operating in urban investment, infrastructure, and industrial development. Same geographic tier and SOE structure as Deyang Development, making it a structurally comparable peer.
• Chengdu Chenghua Development Group: Chengdu district-level SOE holding group operating in urban development, infrastructure construction, and asset management. Confirmed directly comparable through the November 2024 benchmarking visit by Deyang Development's Chairman to learn from Chenghua's management practices.
• Mianyang Investment Development Group: Another Sichuan prefecture-level municipal SOE holding group with a comparable structure (industrial investment, construction, urban operations). Directly comparable on geographic tier, mandate, and scale of municipal development responsibilities.
• Suining Development Holding Group: Another Sichuan prefecture-level municipal SOE holding group engaged in urban infrastructure investment, construction, and public services. Operates in an adjacent Sichuan city with a directly comparable mandate and scale profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Deyang Development Holding Group