Huai'an State Joint Investment Development Group Company Limited (SJID Group) is a flagship wholly state-owned enterprise group under Huai'an municipal government, which was established in March 2013, on the basis of Huai'an Urban Assets Management Co., Ltd., and by integrating various enterprises in Huai'an. It has the registered capital of 30.7 billion yuan, and the total assets of about 100 billion yuan. It is among the top 50 of the urban construction investment companies in China. Its credit scoring is AA+ (the only company in north Jiangsu Province). It has more than 30 subsidiaries like Huai’an Financial Center Investment and Construction Co., Ltd. Its main business scope includes urban assets management, urban construction, land transaction, shantytowns transformation, real estate development, industrial investment, scientific and technological development services, landscaping, property management, security services, hotel operations, and so forth. The Group upholds the corporate culture of "excellent team, model projects, innovation leader, and clean model". In the direction of "marketization, materialization, diversification and standardization", the Group is making efforts to build industrial sectors covering government project construction, real estate industry chain, industrial investment, franchising and finance, having fully promoted projects of over RMB 50 billion, including the first phase of the inner ring elevated road, the largest single project in Huai'an history with a total investment of 15.144 billion yuan; Huai'an financial center, northern Jiangsu vertical financial service cluster with a total investment of 15 billion yuan; and Huai'an District Hexi international salt culture community with a total investment of 8.7 billion yuan. The Group is striding forward to build an urban operator providing comprehensive services.