Shanghai Industrial Urban Development Group

What Shanghai Industrial Urban Development Group does

Shanghai Industrial Urban Development Group (上实城开, stock code 0563.HK) is a Hong Kong-listed Chinese real estate developer controlled by Shanghai Industrial Holdings (0363.HK), itself a flagship enterprise of Shanghai Industrial Group, one of Shanghai's largest state-owned enterprises. Founded in 2010 through the rebranding and integration of Zhongxin Properties after a 45.02% acquisition by Shanghai Industrial Holdings, the company serves as the real estate business integration platform under the Shanghai Industrial Group umbrella, with subsequent consolidation of Shanghai Cheng Kai Group (59% stake acquired in 2011). The company develops diversified real estate across tier 1-3 cities including Shanghai, Beijing, Tianjin, Chongqing, Xi'an, Yantai, Shenyang, and others, following a 'one center, two lines, three circles' bow-shaped regional strategy centered on Shanghai.

The company's product portfolio spans high-end residential communities, affordable rental housing under the 'Chengkai Hui' (R4) and 'Qianji' brands, mixed-use complexes integrating residential/commercial/office/hospitality elements (such as Binjiang City Center at 520,000 sqm and Aerospace Innovation City at 595,300 sqm), commercial office buildings, shopping centers, hotels, serviced apartments, and specialized healthcare and innovation park facilities. Notable projects include TODTOWN Tianhui (a transit-oriented development winning 2021 RICS Urban Renewal Excellence Award), Wuxi Cheng Kai International, Shanghai World Trade Mall, and the Shangshi International Women and Children's Hospital in Yantai developed in partnership with Shanghai Pharma. The company operates customer engagement through the 'Chengkai Hui' membership organization and bimonthly 'You Xiang Jia' magazine (published since June 2008).

Revenue derives primarily from one-time property sales of residential and commercial developments, supplemented by recurring rental income from commercial properties, R4 affordable housing (including 873 units in Xuhui District's 'Chengkai Hui'), and emerging student dormitory operations. Distribution operates through direct sales offices at each project site with on-site showrooms and sales consultants, alongside dedicated leasing and property management teams for commercial and rental portfolios. The company employs 1,001-5,000 staff and maintains over 50 subsidiaries and project companies across its operating geographies, with headquarters in Shanghai (Chengkai International Tower) and Hong Kong.

Name

Shanghai Industrial Urban Development Group

Legal name

上海实业城市开发集团有限公司

Website

https://siud.com

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Shanghai Industrial Urban Development Group (0563.HK) is a Shanghai SOE-backed Hong Kong-listed real estate developer of residential, commercial, mixed-use, and affordable rental properties across tier 1-3 cities in China.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Residential Building Construction (23611), New Multifamily Housing Construction (except For-Sale Builders) (236116)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operators Of Apartment Buildings (6513), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

Keywords

• Residential property development
• Commercial real estate
• Mixed-use urban development
• Affordable rental housing
• Urban property investment

Headquarters

HQ city

Central

HQ country

Hong Kong SAR China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Property Sales: Primary revenue from development and sale of residential properties including high-end communities, as well as commercial properties including office buildings, shopping centers, hotels, and serviced apartments.
2. Rental Income: Revenue from leasing commercial spaces including retail, office, and rental housing (R4 affordable housing). The company operates affordable rental housing brand '城开汇' and has student dormitory operations.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Shanghai Industrial Urban Development Group is a Hong Kong-listed urban real estate developer that acquires land, develops, and sells or leases residential and commercial properties across tier 1-3 cities in China. Its portfolio spans high-end residential communities, R4 affordable rental housing (brands Chengkai Hui 城开汇 and Qianji 阡集), Grade A offices, shopping centers, hotels, serviced apartments, mixed-use TOD complexes, and specialized facilities such as the Yantai Shangshi International Women and Children's Hospital and the Xuhui Aerospace Innovation City technology park.

Product overview

Shanghai Industrial Urban Development Group (上实城开) operates as a diversified urban core area operator listed on the Hong Kong Stock Exchange (stock code: 0563.HK). The company offers a broad portfolio of real estate products and services spanning: (1) residential developments including high-end communities, affordable rental housing (R4) under the '城开汇' and '阡集' brands, and mixed-use complexes; (2) commercial properties including office towers, shopping centers, hotels, and serviced apartments; (3) specialized projects such as healthcare facilities (上实国际妇儿医院) and technology parks (航天创新城); and (4) customer engagement services through the '城开会' organization and its bimonthly customer magazine '优享家'. The company primarily operates in Shanghai, Beijing, Tianjin, Chongqing, Xi'an, and other first, second, and third-tier cities, with significant presence in Xuhui District, Shanghai.

Differentiator

Problem solved

Functional benefit

Brands

• 优享家: 城开会旗下的客户刊物，创刊于2008年6月，双月出版，融读者参与性、体验性于一体
• 城开汇
• 阡集
• 滨江城开中心
• 航天创新城

Products and services

• Chengkai Hui (城开汇) R4 Affordable Rental Housing

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered minor and major.

• E-House (易居企业集团)minorOthers · 30 April 2021E-House CEO Ding Zuyu was invited to speak at 上实城开 2021 Annual Work Conference, providing market analysis on real estate industry trends and development.
• Shanghai Aerospace (上海航天)majorStrategic or Co-development Partner · 1 March 2021Joint development of Aerospace Innovation City (航天创新城) project in Xuhui District's Hongmei Street. The project spans 91,100 sqm with 595,300 sqm total GFA including 260,000 sqm of research land, 90,000 sqm of rental housing, and 60,000 sqm underground commercial area. This is a key urban renewal project for Xuhui District.
• Shanghai Nuozhuo (上海诺卓)majorStrategic or Co-development Partner · 1 March 2021Partner in the Aerospace Innovation City (航天创新城) project development alongside Shanghai Aerospace. Nuozhuo serves as a development partner for this major innovation park targeting aerospace research and related industries.
• Shanghai Pharma (上海医药)majorStrategic or Co-development Partner · 31 October 2020Strategic partnership for developing Shangshi International Women and Children's Hospital in Yantai. 上实城开 collaborated with Shanghai Pharma leveraging the group's smart healthcare industry resources to create a leading integrated obstetrics-pediatrics high-end diagnosis and treatment center in the Yantai Happiness New Town area.
• Shanghai Pharma Medical Division (上实上药医疗事业部)majorStrategic or Co-development Partner · 31 October 2020Partner in the Yantai Shangshi International Women and Children's Hospital project, providing healthcare industry expertise and resources for the smart healthcare industrial model implementation in Yantai.
• Yantai Zhifu District Government (烟台芝罘区政府)majorOthers · 31 October 2020Government partner supporting the Yantai Shangshi International Women and Children's Hospital project. Zhifu District government officials attended the project launch ceremony, supporting the development of healthcare infrastructure in the region.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• China Vanke: Largest residential developer in China with broad national footprint including Shanghai. Mixed residential and commercial property developer operating at much larger scale than SIUD, providing competitive context for tier 1 city residential markets.
• Country Garden Holdings: One of China's largest property developers with extensive residential and commercial operations, primarily in tier 2-4 cities. Provides competitive context for the broader Chinese property market dynamics affecting SIUD.
• China Resources Land: One of China's largest state-owned mixed-use property developers with extensive commercial and residential operations. Comparable diversified portfolio across residential, shopping malls (MIXC), office, and hotels, with similar SOE parent backing structure.

Direct peers

• Greentown China Holdings: Premium Chinese residential and mixed-use developer known for high-quality product, similar design award pedigree, and tier 1-2 city focus. Comparable in product positioning and design quality emphasis.
• Yuexiu Property: Guangzhou-based state-owned Chinese developer with mixed residential, commercial, and rental housing portfolio. Comparable SOE structure, urban renewal focus, and presence in tier 1 cities, though primarily focused on Greater Bay Area.
• China Overseas Land & Investment: Hong Kong-listed state-owned Chinese residential and mixed-use developer focused on tier 1 and 2 cities. Comparable to SIUD in SOE backing, urban core focus, and high-quality residential development with diversified commercial property portfolio.
• Agile Property Holdings: Chinese mixed-use developer with residential, commercial, and hotel operations across tier 1-3 cities. Comparable diversified product portfolio including urban complexes and hospitality components.
• R&F Properties: Guangzhou-based Chinese developer with residential, commercial, and hotel operations. Comparable mixed-use development strategy and tier 1-2 city focus, though with regional concentration in South China.
• Longfor Group: Major Chinese mixed-use developer with residential, commercial, rental housing, and property management operations. Operates in similar tier 1-2 cities with comparable diversified strategy including rental apartment business.

Emerging players

• China South City Holdings: Hong Kong-listed Chinese developer specializing in large-scale urban complexes and trade/logistics centers. Comparable focus on integrated urban development projects in second and third-tier cities, providing context for SIUD's tier 3 city expansion strategy.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/shanghai-industrial-urban-development-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries10 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 Shanghai Industrial Urban Development Group