Funded by the Foshan Hi-tech Industrial Development Zone Administrative Committee, Guangdong Fogao Holdings Co, Ltd was established on June 12, 2019.

It’s a state-owned enterprise with a registered capital of 100 million yuan ($15.33 million) in the first phase.

As the main developer of the Foshan High-tech Zone, the main operator of the park's franchise projects and investment and financing platform, Fogao Holdings, under the direct leadership of the Foshan High-tech Zone Administrative Committee, focuses on developing the Foshan High-tech Zone and does an excellent job in the park's operation.

The company also provides strong support for building the Foshan High-tech Zone into a leading strategic high-tech source and a new highland to develop strategic emerging industries.

It is mainly responsible for constructing the Foshan High-tech Zone’s infrastructure, the construction of characteristic industrial carriers, the development and utilization of land, the establishment and operation of public service platforms, asset management, equity investment, talent services, intermediary services and more.

The enterprise also offers services to ensure the preservation and appreciation of state-owned assets through independent management projects.

In addition, it undertakes other matters assigned by the Foshan High-tech Zone Administrative Committee.

The organizational structure is as follows: