What Shibei Hi-Tech Park does

Shibei Hi-Tech Park (上海市北高新技术服务业园区), founded 1992-08-03, is a district-level state-owned enterprise of the Shanghai Jing'an District Government that develops and operates a 3.31 sq km high-tech service industry park in central Shanghai. Its holdings include 44 subsidiaries (2 publicly listed, 3 specialized VC) and the group has total assets of 393.78亿元 with net assets of 118.34亿元 and an AAA credit rating. The park executes a 'Cloud-Data-Intelligence-Blockchain (云数智链)' industrial development path that evolved from traditional manufacturing (1992) to producer services (2003) to data intelligence, and currently houses 800+ data intelligence firms, 42 recognized headquarters enterprises (including 27 multinational regional HQs, 14 private enterprise HQs, and 1 central enterprise HQ), and 100+ leading companies with headquarters characteristics.

The core product portfolio comprises six industrial space developments: the Jing'an International Science and Technology Innovation Community (60万 sqm, flagship 'billion-yuan, hundred-meter, million-sqm' project with Yunxin, Yunhui, and Yunhe sub-clusters), Digital Chain Valley (12万 sqm blockchain hub), Headquarters Economy Cluster (Phase 1 11万 sqm + Phase 2 9.6万 sqm), Shibei No.1 Center (8 detached offices + 2 18-story towers + 1.2万 sqm commercial, designed by East China Architectural Design Institute), Zoumatang 0.6 sq km transformation area (70万 sqm planned), and the Railway North Sub-station zone. Supporting services include the ZhengQiTong (政企通) Government-Enterprise Service Center (offering one-window acceptance, one-line connection, and one-network handling), the Junengwan National-Level Science and Technology Business Incubator (A-rated municipal incubator for 7 consecutive years), a 10亿元 Big Data Industry Fund co-invested with Guotai Junan, Haitong, KPMG and others, embedded tax/procuratorate/market-supervision service windows, 5,000 planned talent apartments, and the 'Base + Fund' (基地+基金) and 'Investment + Incubation' (投资+孵化) dual-wheel drive model.

Revenue mechanics flow through four streams: (1) industrial park real estate development and operation via listed subsidiary Shibei High-Tech (A-share 600604, B-share 900902), (2) data center infrastructure via listed subsidiary Data Port (603881, ranked among China's top-10 compute power service providers), (3) venture capital and equity investment returns through three specialized VC subsidiaries and the 10亿元 Big Data Industry Fund, and (4) value-added government-enterprise services including policy guidance, talent housing, and one-stop enterprise services. Pricing is quote-based on leases and grants access to Zhangjiang Special Development Fund subsidies (250,000 yuan for high-tech enterprise certification, up to 2 million yuan for high-growth high-tech support, plus IPO support of 1.5 million yuan). Distribution is direct enterprise field sales primarily targeting HQ enterprises, multinational regional HQs, and sci-tech SMEs, with cross-regional extension into Shibei High-Tech (Nantong) Science and Technology City.

Name

Shibei Hi-Tech Park

Legal name

上海市北高新（集团）有限公司

Website

https://shibei.com

Company type

Public

Founded year

1992

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Shibei Hi-Tech Park is a Shanghai Jing'an District state-owned industrial park operator founded in 1992 that develops and operates a 3.31 sq km high-tech service park serving 800+ data intelligence firms, 42 headquarters enterprises, and 100+ headquarters-character companies via its Cloud-Data-Intelligence-Blockchain industrial model, two listed subsidiaries, and a 10亿元 big data industry fund.

Ownership category

akta.pro rank

Product category

Industrial Park Operations

NAICS

Management of Companies and Enterprises (55111), Industrial Building Construction (23621)

SIC

Real Estate Agents & Managers (For Others) (6531), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Condominium Association Management (BPAJAHAA)

akta.pro secondary industries

Space & Occupancy (MAC, Space Planning, Move Management) (BPABAAAG), Facilities Operations, CMMS & Predictive Maintenance (IoT-enabled) (HSAPAPAI)

Keywords

• Industrial park operation
• Technology incubation services
• Venture capital investment
• Data center operations
• Enterprise services

Headquarters

HQ city

Shanghai

HQ country

China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Industrial Park Real Estate Development and Operation: Revenue generated from leasing and operating industrial/commercial office spaces within the park, including specialized sub-projects such as the Jing'an International Science and Technology Innovation Community (60万平方米), the Headquarters Economic Park, and the 数通链谷 (Shutong Liangu) blockchain hub. The park also operates talent apartments and commercial facilities.
2. Venture Capital and Investment Returns: The group operates a 1 billion yuan big data industry fund and manages 3 specialized venture capital companies (聚能湾国家级孵化器, 上海市北科技创业投资, 上海闸北创业投资), generating returns through equity investments in park-based sci-tech companies.
3. Listed Subsidiary Dividends and Equity Value: The group holds two listed companies — 市北高新 (A-share 600604, B-share 900902) focused on industrial park development, and 数据港 (603881) specializing in IDC data center operations — generating value through equity holdings and dividend income.
4. Value-Added Services and Government Enterprise Services: Revenue from comprehensive enterprise services including government-enterprise coordination, policy guidance, talent housing, and professional services for park-based companies.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Shibei Hi-Tech Park develops and operates industrial park real estate in Shanghai's Jing'an District, providing office space, technology incubation, venture capital, government-enterprise services, and talent housing for enterprise tenants. Its portfolio includes flagship industrial spaces (Jing'an International Science and Technology Innovation Community, Digital Chain Valley, Headquarters Economy Cluster, Shibei No.1 Center, Zoumatang Planning Area), a national-level technology business incubator (Junengwan), a 1 billion yuan Big Data Industry Fund, a one-stop Government-Enterprise Service Center, and 5,000 talent apartments, focused on the 'Cloud-Data-Intelligence-Blockchain' industrial development path.

Product overview

Shibei Hi-Tech Park operates as a comprehensive technology park operator offering multi-level industrial spaces and business services. The core product portfolio includes six major industrial space developments: Jing'an International Science and Technology Innovation Community (featuring 云芯科创中心, 云汇数智中心, 市北·云禾), Digital Chain Valley (blockchain hub), Headquarters Economy Cluster, Shibei No.1 Center, Zoumatang Planning Area, and North Railway Station. Supporting services include the Government-Business Service Center (政企通), Junengwan National Incubator (聚能湾), the 10-billion-yuan Science & Technology Attraction & Cultivation Fund, and 5,000-unit talent apartments. The park follows a 'Cloud-Data-Intelligence-Chain' industrial evolution path, focusing on data intelligence, headquarters economy, and technological innovation.

Differentiator

Problem solved

Functional benefit

Products and services

• Jing'an International Science and Technology Innovation Community (静安国际科创社区) The park's flagship industrial complex featuring three premium office buildings (Yunxin Technology Innovation Center, Yunhui Digital Intelligence Center, Shibei Yunhe) releasing 600,000 sqm of industrial space, positioned as a landmark in Shanghai's northern region. Targets technology enterprises and headquarters companies.
• Digital Chain Valley (数通链谷) Blockchain and big data technology integration hub with 8 buildings totaling 120,000 sqm (66,000 sqm office space), designated as Shanghai's blockchain development application pioneer demonstration zone. Targets blockchain and big data enterprises.
• Headquarters Economy Cluster (总部经济集聚区) Two-phase headquarters office park with Phase 1 (110,000 sqm, 4 detached + 8 multi-story buildings) and Phase 2 (96,000 sqm, 4 single multi-story + 2 connected buildings). Targets headquarters enterprises and leading companies.
• Shibei No.1 Center (市北·壹中心) Commercial office complex with 8 five-story detached offices plus 2 18-story high-rise towers plus 12,000 sqm commercial support, designed by East China Architectural Design Research Institute. Targets commercial and corporate tenants.
• Zoumatang Overall Planning Area (走马塘整体规划区) 0.6 sq km planning area along Jiangchang West Road releasing 700,000 sqm of building volume, co-developed with Bailian Group, Shangqin Group, and Dongfang Group to create a 24-hour active mixed-use community.
• Government-Enterprise Service Center (政企通服务中心) One-stop service window providing 'one-window acceptance,' 'one-line connection,' and 'one-network handling' services for enterprises. First such service in Shanghai's 104 industrial blocks. Provides government-enterprise coordination, policy guidance, and registration services.
• Junengwan National Science and Technology Business Incubator (聚能湾国家级科技企业孵化器) National-level technology business incubator offering 'investment + incubation' rainforest-style innovation ecosystem, providing comprehensive services covering policy, space, system, investment, and ecosystem support across full enterprise lifecycle. Has been consecutively rated A-Level municipal incubator for 7 years.
• Big Data Industry Fund and Sci-Tech Investment Cultivation Plan (市北高新助力科创引培计划) 1 billion yuan (10亿) Big Data Industry Fund — Shanghai's first big data industry fund, co-invested with Guotai Junan Securities, Haitong Securities, KPMG, and venture capital firms. Provides equity investment and growth support to sci-tech enterprises in the park.
• Talent Apartments (人才公寓) 5,000 units of high-quality talent apartments in multiple sizes (40㎡, 70㎡, 80㎡, 108㎡), with east and west courtyard phases. Fully furnished ready-to-move-in format. Provides living infrastructure for enterprise talent in the park.
• SODA SPACE Public Data Opening Application Innovation Incubator

Quantifiable outcome

• Annual park enterprise revenue averaging 2500亿元 over recent 3 years, with annual total tax approaching 90亿元
• +5 more outcomes

Named customers24 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• 华东建筑设计研究总院 (East China Architectural Design Institute)coreTechnology or Integration · 1 January 2023The East China Architectural Design Institute is responsible for the architectural design of the Shibei No.1 Center (市北·壹中心), creating the park's landmark commercial-office complex designed by a top-tier national design institute.
• 静安区市场监督管理局 (Jing'an District Market Supervision Bureau)coreOthers · 1 January 2021Established '市北高新园区市场监督管理所' (Shibei High-Tech Park Market Supervision Office) in January 2021, the first dedicated market supervision service window in a Shanghai industrial park, providing enterprise registration, policy guidance, and regulatory services directly in the park.
• 国家税务总局上海静安区税务局 (SAT Shanghai Jing'an District Tax Bureau)coreOthers · 1 January 2021Co-established the '智慧税务社会共治点' (Smart Tax Social Co-governance Point) in April 2021, providing in-park tax services including electronic tax bureau, 12366 consultation, self-service tax terminals, and one-network handling.
• 静安区人民检察院 (Jing'an District People's Procuratorate)minorOthers · 1 January 2021Established the '法律服务工作站' (Legal Service Workstation) in April 2021 in the park's private enterprise headquarters cluster, providing legal guidance and compliance support to over 3,000 registered enterprises.
• 中航联创 (AVIC Innovation) / 中航联创上海中心minorStrategic or Co-development Partner · 1 January 2018AVIC Innovation (中航联创) is the innovation platform of China Aviation Industry Corporation. Its Shanghai center is based in the park, providing incubation and innovation resources for aviation-related and cross-industry technology ventures.
• SAP (思爱普) / SAP (中国) 科创赋能中心coreTechnology or Integration · 1 January 2017SAP partnered with the park to establish the 'SAP (中国) 科创赋能中心' (SAP China Technology Innovation Empowerment Center), providing technology innovation support, enterprise digital transformation services, and developer ecosystem resources to park-based companies. SAP is a global enterprise application software leader.
• 百联集团 (Bailian Group)coreStrategic or Co-development Partner · 1 January 2017Bailian Group is partnered for the development of the 走马塘整体转型区 (Zoumatang Overall Transformation Area). The two sides jointly developed the 百汇云灏 project as part of the urban renewal initiative, with Bailian contributing retail and commercial ecosystem resources.
• 上勤集团 (Shanghai Shangqin Group)coreStrategic or Co-development Partner · 1 January 2017Shangqin Group (上勤集团) is a Shanghai municipal state-owned enterprise partnered for the development of the 走马塘转型区, specifically for the development of the 上药信谊 pharmaceutical-related project within the transformation area.
• 东方集团 (Shanghai Dongfang Group)coreStrategic or Co-development Partner · 1 January 2017Dongfang Group is partnered for the overall development of the 走马塘转型区, collaborating with other municipal state-owned enterprises (百联, 上勤) to create a mixed-use 7×24 hour active community.
• 上海数据港股份有限公司 (Shanghai DataHub Co.)coreOthers · 1 January 2010DataHub (数据港, stock: 603881) is a listed subsidiary of the group, specializing in IDC (Internet Data Center) operations and professional cloud computing data center services. It is a leading data center operator in China, ranking among '中国算力中心服务商十强' (China's top 10 compute power service providers) and selected into the SASAC '双百企业' reform pilot. DataHub serves as the foundational infrastructure anchor for the park's cloud computing and data intelligence ecosystem.
• 上海市北高新股份有限公司 (Shibei High-Tech Co.)coreOthers · 1 January 2010Shibei High-Tech Co. (市北高新, stock: A-share 600604, B-share 900902) is the group's listed subsidiary focused on industrial park development and operation. It is the primary vehicle for park development, property management, and real estate operations, providing the main commercial and office leasing services within the park.

Scale indicators14 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• 漕河泾发展 (Caohejing Development): Shanghai-based tech-park operator managing Caohejing Hi-Tech Park. Comparable in Shanghai central-urban industrial park operations and focus on high-tech enterprise cultivation.
• 浦东金桥 (Pudong Jinqiao): Shanghai-listed industrial park operator in Pudong (Jinqiao Export Processing Zone). Comparable as a Shanghai SOE industrial park operator with similar tenant mix of multinational HQs and high-tech firms.
• 光环新网 (Sinnet Technology): Chinese IDC and cloud computing service provider listed on Shenzhen Stock Exchange. Comparable to Shibei's Data Port subsidiary in business model — wholesale and retail data center services to hyperscalers and enterprise tenants in China.
• 华夏幸福 (China Fortune Land Development): Industrial new-town developer with industrial park portfolio across China. Comparable in industrial park development focus though currently distressed; illustrates the cyclical risks of an industrial-real-estate-led business model.
• 张江高科 (Zhangjiang Hi-Tech): Shanghai-listed state-owned industrial park developer and operator, focused on Zhangjiang Hi-Tech Park. Closest comparable in business model, SOE structure, and Shanghai-centric tech-park focus.
• 上海临港 (Shanghai Lingang Group): Shanghai SOE industrial new-city developer operating Lingang and other parks; comparable in scale, state-owned structure, and Shanghai industrial real estate development focus.
• 外高桥集团 (Waigaoqiao Group): Shanghai Free Trade Zone industrial park developer and operator. Comparable as Shanghai SOE focused on industrial real estate with significant multinational and trade-oriented tenants.
• 中关村科技 (Zhongguancun Science-Tech): Beijing-based state-owned industrial park operator focused on Zhongguancun science park. Comparable in SOE status, tech-park focus, and emphasis on incubating high-growth tech tenants.
• 苏州高新 (Suzhou High-Tech Group): Suzhou-based state-owned industrial park developer; comparable in business model (industrial park operation + property leasing + venture support) and Yangtze River Delta geographic focus.

Broad incumbents

• 招商蛇口 (China Merchants Shekou): Large diversified SOE real estate developer with industrial park exposure among broader residential and commercial portfolios; comparable in SOE ownership and mixed-use park development but operates at significantly larger scale across multiple geographies.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries6 records

Funding overview

Funding rounds

Investors

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

M&A

Investments5 records

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

Frequently asked questions about Shibei Hi-Tech Park