On July 18, 2023, the unveiling ceremony and investment promotion conference of the Yanluo Bay Area Core City Investment Promotion Center in Bao'an, Shenzhen were held at the Yanluo Bay Area Core City Development and Construction Site Command. Ten project cooperation intention enterprises signed contracts on site, with an estimated total investment of 10 billion yuan and an annual production value of 20 billion yuan.

According to reports, Yanluo has a strong industrial foundation. Currently, there are about 3 domestic and foreign listed companies, 509 above designated enterprises, and 495 national high tech enterprises. In 2022, the total industrial output value of above designated enterprises reached 83.88 billion yuan, and it is expected that Yanluo will achieve an output value of 250 billion yuan by 2025. At the unveiling ceremony, Yanluo Street hired investment ambassadors for the first time, aiming to innovate investment methods, expand investment channels, deepen the use of business to attract business and enterprises. 16 representatives were appointed as investment ambassadors for the core city of Yanluo Bay Area.

At the promotion meeting, the relevant person in charge of Yanluo Street introduced the six core characteristics of building a Bay Area Core City that aims to create and drive the future, and promoted Yanluo's business environment. They invited outstanding companies worldwide and are committed to fulfilling the promise of "as long as there are good projects, Bao'an will definitely have a place to go". Ten key enterprises from the fields of new materials and energy have signed contracts on stage. The implementation of future projects will further accelerate the construction of the Bay Area Core City and inject new momentum into Bao'an's accelerated construction of a world-class advanced manufacturing city.

The planned area of the core city in Yanluo Bay Area is 36.5 square kilometers. Based on the positioning of facing the world, leading the future, and demonstrating nationwide, through the integration of interests, coordination and innovation, it will ultimately form a 12.2 square kilometer large-scale contiguous industrial land, carrying large industries with large space, and creating a world-class advanced manufacturing industry cluster and a highland for the transformation of cutting-edge technological innovation achievements.

Li Hongtao, secretary of the Party Working Committee of Yanluo Neighborhood, said that he would take this investment promotion meeting as a new opportunity, take the opening of the investment promotion center as a new starting point, and take the investment ambassadors as a new traction to attract more high-quality enterprises, projects, and talents to pay attention to Yanluo, understand Yanluo, invest in Yanluo, and take root in Yanluo, so as to jointly create a better future of high-quality development of Yanluo. Editor/Zhao E