On the morning of November 9, 2020, in Wujiang District, Suzhou City, Jiangsu Province, CRRC Greenland’s Yangtze River Delta Green Intelligent Manufacturing Collaborative Innovation Demonstration Zone with a total investment of about 26 billion yuan officially started at the Fenhu Starship Super Factory.

This demonstration zone project is the first super-large-scale intelligent manufacturing industrial park project since the Yangtze River Delta Ecological Green Integration Development Demonstration Zone was proposed in early 2019. It is composed of Shanghai State-owned Enterprise Greenland Holding Group Co., Ltd. and the central enterprise CRRC City Jointly constructed by Transportation Co., Ltd., the People's Government of Wujiang District of Suzhou City and the Administrative Committee of Jiangsu Fenhu High-tech Industrial Development Zone.

The three parties established the Greenland (Suzhou) High-Tech Industry Co., Ltd. in the central area of the Yangtze River Delta Demonstration Zone, Fenhu High-tech Development Zone (Lili Town), Wujiang District, Suzhou, as a renewal and development of the traditional industrial stock land in Wujiang District The main body, it is expected to invest 20 billion yuan to gradually integrate and develop the existing land of Fenhu's traditional industries. The future AI community development area of Fenhu is about 900 acres. It is planned to build a leading domestic artificial intelligence industry manufacturing base and future-oriented artificial intelligence community .

The first phase of the community is located in the urban renewal area of Guozhao Road. It is located in the southeast corner of Luxu Town, adjacent to National Highway 318 in the south and Fenhu Avenue in the east. It is the gateway area of Wujiang River close to the living room of the water town. The community will introduce top domestic artificial intelligence industry resources such as the Shanghai Software Park Technology Achievement Transformation Base, the Chinese Academy of Sciences Blockchain and Edge Computing Laboratory.

After the completion of the AI artificial intelligence future community, it is expected to introduce high-quality talents and a resident net worth consumer population of more than 36,000 to Fenhu, driving commercial consumption and sales of 3.6-6 billion yuan each year, and increasing fiscal revenue by 150 million-240 million yuan each year. .

At the same time, the three parties formed a joint venture with a registered capital of 2.8 billion yuan for the CRRC Transportation Super Factory Headquarters Platform Company-Xingjian Industry Co., Ltd. It is expected to invest 6 billion yuan to build the Fenhu Smart Starship Yangtze Delta Electromechanical Research Institute, which is planned to be completed in five years. Construction of two academician workstations, three post-doctorate workstations, a national engineering technology center and enterprise innovation center; the introduction of more than 500 scientific research and technical personnel, the annual output of more than 1,000 patents.

CRRC Transportation is a green intelligent transportation overall solution platform company and a secondary investment platform for strategic emerging industries established by CRRC in Shanghai. The company has a registered capital of 300 million yuan and the scale of managed industry funds exceeds 10 billion yuan.

It is understood that the usable area of the Fenhu Starship Super Factory is about 679 acres, and the total investment is about 10 billion yuan. CRRC Transportation relies on the existing intelligent lifting system, electric drive and electric control, and industrial design industrial resources. It is a traditional elevator in the Fenhu area. The industry will be integrated, intensive, and intelligently upgraded to build a green smart super factory that integrates R&D, design, manufacturing, sales and operations with a high degree of sharing. The super factory project and the intelligent lifting system Yangtze River Delta Electromechanical Research Institute are scheduled to be put into operation in February 2023.

Greenland Holdings invested in Suzhou in 2003, and has successively invested more than 100 billion yuan in Wujiang, Xiangcheng, Kunshan, Taicang, Zhangjiagang, Changshu and other places. As of the close, Greenland Holdings reported 6.4 yuan per share, an increase of 0.95%. Editor/He Yuting