Qingdao West Coast New Area Private Enterprise Allied Investment Group Co., Ltd (Hereinafter referred to as "PEAIG Group") was established on December 14, 2017 with registered capital of 3.15 billion Yuan. The PEAIG group is, under the advocacy and promotion of the Working Committee and Management Committee of the West Coast New Area, jointly funded by shareholders from fourteen high quality private enterprises and two large state-owned companies, in accordance with the principle of "government guidance, voluntary participation by enterprises, market-oriented operation and professional management".

Business scope:

investment with its own capital, business information consulting, economic information consulting, enterprise management information consulting, equity investment, equity investment management and related consulting services (without the approval of the financial supervision department, shall not be engaged in the deposit absorption, financing guarantee, customer financing and other financial services);decoration engineering construction, municipal engineering construction, landscaping engineering construction, waterproof, anticorrosive and heat preservation engineering construction (for projects subject to approval according to law, business activities can only be carried out with approval of relevant departments).