1. Brief introduction to project sponsor

Jinan Urban Static Traffic Management and Operation Group Co was established in 2019 with a registered capital of 200 million yuan ($31.43 million). The company is located on the ninth Floor, Block B, Chengcheng Building, No 10567, Jingshi Road in Lixia district.

Its main business includes the construction, operation and management of urban parking in Jinan and the promotion of the city's vehicle station charging infrastructure construction.

2. Overview of cooperation

The project plans to construct 30 parking lots with investment capital of about 1 billion yuan.

3. Industry analysis

(1) Current status and prospects of the industry

In 2020, the number of motor vehicles in Jinan exceeded 3.1 million. The number of new energy vehicles is expected to reach 900,000 by 2025.

There are about 15,000 public charging facilities in Jinan. The increasing number of new energy vehicles is creating a demand for more charging facilities and optimized parking resources.

(2) Financial forecast

The planned investment is expected to reach about 900 million yuan and the parking lots are expected to consist of about 7,500 parking spaces in 2022 with a total annual income of about 170 million yuan.

4. Cooperation modes

The cooperation modes include joint ventures, equity investments and debt investments.

5. Contact information

Contact: Qin Teng

Tel: +86-185-6016-6608

Email: 1837727201@qq.com