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Qidong Qisheng is a city investment company?

Yes According to Aiqi.com, Qidong Qisheng Investment Development Co., Ltd. (hereinafter referred to as Qisheng Investment) is a holding subsidiary of Qidong Urban Construction Investment Development Co., Ltd. (hereinafter referred to as Qidong Chengtou). Qidong City Investment Co., Ltd. is a wholly-owned state-owned company of Qidong Municipal People's Government of Jiangsu Province, and it is the main body of investment and operation of urban construction in Qidong City. Qisheng Investment was established in 20 16 with a registered capital of 10 billion yuan, mainly engaged in urban construction investment, real estate development, property management, park development and comprehensive urban development.