000628
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Shanghai Composite
000628
Over the past 12 months, Chengdu Hi-tech Development Co Ltd has underperformed Shanghai Composite, delivering a return of -30% compared to the Shanghai Composite's +15% growth.
Stocks Performance
000628 vs Shanghai Composite
Performance Gap
000628 vs Shanghai Composite
Performance By Year
000628 vs Shanghai Composite
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Chengdu Hi-tech Development Co Ltd
Glance View
Chengdu Hi-tech Development Co Ltd. has long been a silent yet dynamic player in China's industrial and technological renaissance. Nestled in the western city of Chengdu, an area known for its burgeoning tech ecosystem, the company emerges as a vital cog in the country's innovation machinery. Established with the vision of harnessing the power of technological advancement and industrial synergy, Chengdu Hi-tech is not merely a participant in the high-tech sector but a facilitator of progress through its real estate and infrastructure development projects. Primarily, the company generates revenue by developing and managing industrial parks and technology hubs designed to attract and nurture high-tech enterprises. These facilities serve as the backbone for businesses ranging from IT services to advanced manufacturing, supporting technological research, business incubation, and large-scale production activities. Chengdu Hi-tech Development Co Ltd.'s business model is deeply intertwined with urban development and regional economic strategies. By investing in infrastructure, the company creates environments that are not only attractive to domestic and international technology firms but also conducive to innovation and entrepreneurial growth. Through strategic partnerships with government entities and private companies, Chengdu Hi-tech makes astute land use and zoning decisions, maximizing land value while fostering a vibrant community of tech-based businesses. This approach ensures a steady income stream through leasing arrangements, service fees, and property management, positioning the company as a key player in the urbanization and digital economy narratives of southwestern China. As such, Chengdu Hi-tech Development Co Ltd. has effectively carved a niche where technology, real estate, and economic development coalesce, contributing to the broader tapestry of China's ascent as a global tech powerhouse.
