Shenzhen Bay Technology Development Co.

What Shenzhen Bay Technology Development Co. does

Shenzhen Bay Technology Development Co., Ltd. (深圳湾科技发展有限公司) is a Shenzhen-headquartered, privately held state-owned enterprise — wholly owned by Shenzhen Investment Holdings Co., Ltd., a Fortune Global 500 municipal holding company — that operates as a dedicated platform for industrial science-and-technology park development and ecosystem operations in China. Founded in its current legal form in 2013 (predecessor 2011) and renamed in 2015, the company operates 14-15 industrial parks totaling more than 5.8 million square meters of gross floor area and over 70 billion RMB of accumulated project investment, spanning the Guangdong-Hong Kong-Macao Greater Bay Area, the Beijing-Tianjin-Hebei region, the Chengdu-Chongqing economic circle, and overseas sites in Brussels and Silicon Valley. Its tenant base exceeds 2,000 innovation enterprises and includes 31 Fortune 500 subsidiaries, 68 listed companies, and more than 600 national high-tech enterprises, with named anchors spanning Huawei, Tencent, Accenture, Airbus, SenseTime, MediaTek, ByteDance, and SF Express.

The company's core product is the MyBay digital service platform, which underpins a dual digital-twin smart park management system integrating IoT, big data, AI, and digital-twin technologies to coordinate enterprise profiles, industry mapping, and unified command-center management across multiple cities and parks. Complementing the platform are (i) the China Kunpeng Source Innovation Center (with Huawei, since 2019) and the Hongmeng Ecosystem Innovation Center (with Huawei, since August 2023), which provide Kunpeng- and HarmonyOS-based enterprise support; (ii) the SIHC Financial Supermarket, offering over 120 financial products from 30+ institutions; (iii) the Shenzhen Toukong Park Industry Private Equity Fund (300M yuan), the Shenzhen Bay Startup Plaza incubator cluster, and the Shenzhen Bay Innovation Plaza government-services joint platform with Nanshan District.

Shenzhen Bay generates revenue through three primary streams: industrial space rental at standardized rates around 60 yuan/sqm/month across flagship properties (e.g., Shenzhen International Innovation Valley, Kexing Science Park Phase III, Han Jing Financial Center, Tsinghua Tongfang Info Port Phase II), lease terms of 1-5 years with a 10% rent-free period; MyBay Enterprise Membership subscriptions, with VIP service packages priced at 20,000-30,000 yuan/year (Market Expansion, Industry Resources, Investment/Financing Docking, Talent Recruitment); and innovation industry space leasing managed by subsidiary Shenzhen Chuangke Park Investment Co. via the Shenzhen Industrial Land Platform under municipal qualification-based allocation. Its go-to-market combines dedicated B2B sales hotlines, the self-service MyBay digital channel, the government Shenzhen Industrial Land Platform, and overseas innovation centers serving as cross-border entry points. Acquisition channels include government-instituted subsidy programs, ecosystem events such as the Shenzhen Bay Entrepreneur Closed-Door Sessions, and ranked application-scenario placement lists that route product testing opportunities to park tenants.

Name

Shenzhen Bay Technology Development Co.

Legal name

Shenzhen Bay Technology Development Co., Ltd (深圳湾科技发展有限公司)

Website

https://szbay.com

Company type

Private

Founded year

2013

Operating status

Operating

Short description

Shenzhen Bay Technology Development Co., Ltd. operates 14-15 industrial science-and-technology parks totaling over 5.8 million square meters across China, Brussels, and Silicon Valley, serving 2,000+ innovation enterprises — including Fortune 500 subsidiaries and listed companies — via industrial space leasing, the MyBay digital platform, Huawei-aligned Kunpeng and Hongmeng ecosystem centers, and integrated financial and government services.

Ownership category

akta.pro rank

Product category

Industrial Real Estate and Science Park Operations

NAICS

Architectural, Engineering, and Related Services (5413), Corporate, Subsidiary, and Regional Managing Offices (551114)

SIC

Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Industrial Park Owners Association Management (BPAJAHAH)

Keywords

• Science park operations
• Industrial real estate
• Technology park leasing
• Innovation ecosystem services
• Smart park management

Headquarters

HQ city

Shenzhen

HQ country

China

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Industrial Space Rental: Rental of industrial and office spaces in technology parks. Standard rental rate is 60 yuan/sqm/month for Shenzhen International Innovation Valley, with varying rates across properties (Kexing Science Park Phase III: avg 60 yuan/sqm/month; Han Jing Financial Center: 59.06 yuan/sqm/month; Tsinghua Tongfang Info Port Phase II: avg 60 yuan/sqm/month). Additional fees include property management, central air conditioning, and utilities.
2. MyBay Membership Services: Annual membership fees from enterprise members. VIP service packages range from 20,000 to 30,000 yuan per year (Market Expansion Service Package from 30,000 yuan/year; Industry Resources Service Package from 20,000 yuan/year; Investment/Financing Docking Service Package; Talent Recruitment Service Package). Ordinary members receive basic discounts on advertising, meeting rooms, and event spaces.
3. Innovation Industry Space Leasing: Rental of municipal innovation industry spaces managed by Shenzhen Chuangke Park Investment Co. Lease terms of 1-5 years with rent-free period equivalent to 10% of contract term.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Shenzhen Bay Technology Development Co., Ltd develops, owns, and operates a portfolio of 14–15 science and technology industrial parks totaling over 6 million square meters of gross floor area across Guangdong, Sichuan, Hebei, the United States, and Belgium. The company leases industrial and office space to technology and innovation-driven enterprises and runs the MyBay digital service platform and a dual digital-twin smart park management system to deliver integrated ecosystem services covering government affairs, industry resources, professional services, and business/lifestyle support.

Product overview

Shenzhen Bay Technology Development Co. operates a comprehensive technology park ecosystem with MyBay digital service platform as its core technology product. The portfolio includes the MyBay digital platform enabling online public services, enterprise membership, and B-B payments; complemented by physical park operations across 15 locations in Guangdong, Sichuan, Hebei, Belgium, and the US totaling over 6 million ㎡. Supporting services include the Kunpeng Source Innovation Center, SIHC Financial Supermarket with 120+ financial products, 300M yuan private equity fund, Shenzhen Bay Startup Plaza with 1000+ startup teams, and Shenzhen Bay Innovation Plaza integrating government services. The Smart Park system utilizes IoT, big data, AI, and digital twin technologies for unified multi-city, multi-park management.

Differentiator

Problem solved

Functional benefit

Brands

• MyBay: Digital service platform for Shenzhen Bay Science and Technology Park providing comprehensive online public services including government affairs, industry services, professional services, and business/lifestyle services.
• SIHC金融超市 (SIHC Financial Supermarket)
• 深圳湾创业广场 (Shenzhen Bay Entrepreneurship Plaza)

Products and services

• MyBay Digital Service Platform A digital service platform providing comprehensive online public services for park tenants and partners, including government affairs, industry services, professional services, business and lifestyle services, plus B2B payment and wallet functionality enabling inter-enterprise transactions.
• MyBay Enterprise Membership Service Tiered membership offering basic ordinary membership plus paid VIP service packages covering market expansion, industry resources, investment and financing connections, and talent recruitment services, available to park enterprises and ecosystem partners.
• Shenzhen Bay Technology Ecology Park 1.88 million sqm comprehensive industrial park in Shenzhen Nanshan District focusing on AI, 5G communications, fintech, and smart hardware, serving as a headquarters and R&D base for high-tech listed companies including Huawei, Tencent, Accenture, and SenseTime.
• Shenzhen Software Industry Base 620,000 sqm industrial park focused on IoT, big data software, and IT services, housing approximately 300 enterprises including Samsung Telecommunications Research Institute, Roadrover, and Easou.
• Smart Park Digital Twin Management System Dual digital-twin smart park architecture using IoT, big data, AI, and digital twin technologies to enable unified cross-city, multi-park, multi-scenario management with real-time data collection, enterprise profiling, industry mapping, and visual command center.
• SIHC Financial Supermarket Financial services platform providing full lifecycle and full industry chain technology financing services, cooperating with 30+ financial institutions to offer 120+ financial products covering banking, securities, insurance, guarantees, funds, and venture capital.
• Shenzhen Bay Startup Plaza Innovation hub featuring an Innovation, Entrepreneurship, Makers, and Venture Capital four-in-one model, hosting 1,000+ startup teams and 60+ incubators including Tencent Maker Space and IDG Industrial Incubation Center.
• China Kunpeng Source Industry Innovation Center Joint initiative with Huawei providing annual support of 100 million yuan for 100+ Kunpeng ecosystem enterprises, training over 1,000 Kunpeng talents annually, and promoting product innovation based on Kunpeng architecture.
• Shenzhen Bay Silicon Valley Technology Innovation Center International technology cooperation center in Santa Clara, California, USA, facilitating cross-border flow and allocation of talent, technology, and information between China and the United States, and serving as a bridge for Chinese technology companies entering overseas markets.
• Shenzhen Bay European Technology Innovation Center Technology cooperation platform in Brussels, Belgium, connecting Chinese and European innovation resources in technology, industry, and services sectors.
• Municipal Innovation Industry Space Leasing Leasing of municipal innovation industry spaces managed by Shenzhen Chuangke Park Investment Co., with terms of 1–5 years and a rent-free period equivalent to 10% of contract term, allocated to qualified technology companies and research institutions engaged in Shenzhen's strategic emerging industries.

Quantifiable outcome

• 2,000+ innovative enterprises housed across 15 parks covering over 6 million sqm
• +7 more outcomes

Named customers47 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature4 records

Partnerships

Twelve partnerships are on record, tiered core, minor and major.

• 华为 (Huawei)coreStrategic or Co-development Partner · 1 August 2023Shenzhen Bay Technology established a wholly-owned subsidiary — Hongmeng Ecosystem Service (Shenzhen) Co., Ltd. — in August 2023 to build and operate the Hongmeng Ecosystem Innovation Center, high-quality constructing the Hongmeng ecosystem.
• 华为 (Huawei)coreStrategic or Co-development Partner · 17 December 2019Co-established the China Kunpeng Source Innovation Center with Huawei in December 2019. The center provides Kunpeng ecosystem services, with annual support of 100 million yuan for over 100 Kunpeng ecosystem enterprises and training over 1,000 Kunpeng talents annually. It promotes product and solution innovation based on Kunpeng architecture and supports Shenzhen in building a national Kunpeng industry demonstration zone.
• NAAFIAminorStrategic or Co-development PartnerCo-organized the '2026 TOA Conference Bay Area Station' at Shenzhen Bay Silicon Valley Innovation Center in June 2026. The event brought together professionals from AI tech platforms, supply chain, F&B, commercial real estate, and investment institutions for cross-industry exchange.
• 腾讯众创空间 (Tencent众创空间)coreChannel Partner/ Reseller/ DistributorTencent Mass Entrepreneurship Space (Shenzhen) opened in Shenzhen Bay Startup Plaza in October 2016. It is one of 60+ top incubators and startup service institutions in the plaza, bringing internet and smart hardware innovation projects.
• IDG产业育成中心 (IDG Industry Incubation Center)coreChannel Partner/ Reseller/ DistributorIDG Industry Incubation Center is one of 60+ top incubators and startup service institutions in Shenzhen Bay Startup Plaza, supporting the four-innovation ecosystem.
• 南山区政府 (Nanshan District Government)coreStrategic or Co-development PartnerJointly created the Shenzhen Bay Innovation Plaza with Nanshan District Government, importing government party services, administrative services, intellectual property protection, and public security services into the park.
• 保定国家高新区 (Baoding National High-Tech Zone)majorStrategic or Co-development PartnerShenzhen Bay (Baoding) Innovation Center is a strategic collaboration project between Shenzhen Investment Holdings and Baoding National High-Tech Zone, focused on intelligent automotive, smart city, new energy, and new materials industries.
• 科研院所、行业协会、实验室、中试平台 (Research Institutes, Industry Associations, Laboratories, Pilot Platforms)majorStrategic or Co-development PartnerShenzhen Bay Technology Park introduces research institutes, industry associations, laboratories, and pilot platforms to provide industrial services for park enterprises.
• 万物商企物业服务有限公司 (Wanwu Shangqi Property Services)minorOthersProperty management service provider for Shenzhen International Innovation Valley project.
• 深业物业运营集团股份有限公司 (Shenye Property Operations Group)minorOthersProperty management service provider for Overseas Student Entrepreneurship Building Phase II.
• 深圳科兴物业经营管理有限公司 (Shenzhen Kexing Property Management)minorOthersProperty management service provider for Kexing Science Park Phase III.
• 深圳万物商企物业服务有限公司 (Shenzhen Wanwu Shangqi Property)minorOthersProperty management service provider for Shenzhen International Innovation Valley.

Scale indicators11 records

Recent moves16 records

Expansion highlights5 records

Broad incumbents

• China Resources Land (CR Land): Hong Kong-listed property arm of China Resources Holdings with industrial and commercial real estate operations including tech parks. Comparable as a larger SOE-affiliated real estate developer with overlapping capability in industrial park leasing, but broader real estate portfolio.

Direct peers

• Hangzhou Future Sci-Tech City: Hangzhou-based innovation hub hosting Alibaba and other tech tenants. Comparable as a municipal government-backed tech park operator competing for the same innovation tenant base in China.
• Tus-Holdings (清华控股): State-backed Chinese tech park operator linked to Tsinghua University, operating science parks and incubators across China. Comparable as a university-linked innovation district operator serving similar tech startup and R&D tenants.
• Zhangjiang Hi-Tech Park (Zhangjiang Group): Shanghai-based state-backed science park developer and operator, managing a major innovation hub focused on biotech, semiconductors, and AI. Directly comparable as a Chinese SOE-affiliated tech park operator serving similar innovation tenant segments.
• Beijing Zhongguancun Science Park: China's flagship innovation hub in Beijing serving tech and biotech tenants. Comparable as a major state-backed science park targeting AI, software, and biotech tenants similar to Shenzhen Bay's mix.
• Chengdu Tianfu Software Park: Chengdu-based state-backed software and tech industry park serving IT and innovation tenants in western China. Comparable as a government-backed tech park focused on software and AI tenants overlapping Shenzhen Bay's portfolio.
• Suzhou Industrial Park (CSSD): Joint China-Singapore flagship industrial park development in Suzhou, one of China's largest and most established tech parks. Directly comparable as a state-affiliated multi-tenant industrial park with international partnerships and similar ecosystem services.
• Wuhan East Lake High-Tech Development Zone (Optics Valley): Wuhan-based national high-tech development zone covering 518 sqkm with biotech and optoelectronics focus. Comparable as a major Chinese innovation district operator with similar SOE backing and ecosystem services model.

Regional players

• Yulong Science Park (余隆科技园): Regional Chinese tech park developer operating innovation parks in select Chinese cities. Comparable as a domestic tech park operator, though smaller in scale and lacking Shenzhen Bay's SOE parent backing.

Emerging players

• YITU Technology (SenseTime-adjacent): Tenant category peer: large Chinese AI company that has chosen Shenzhen Bay parks as their innovation base. Relevant as an adjacent AI ecosystem player reflecting the kinds of high-quality tenants that anchor similar tech park developments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries12 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Shenzhen Bay Technology Development Co.