The company was founded on December 28, 1998. It is the first state-owned joint stock company founded by means of fundraising in the Binhai New Area of Tianjin. It was listed and traded on the Shenzhen Stock Exchange on April 22, 1999. The company's main business is real estate development and sales, and the business model is mainly independent development and sales. The company's real estate development mainly focuses on residential products. Since its establishment, Jinbin Development has successively won honorary titles such as China's Top 100 Real Estate Enterprises, National Top 500 Service Companies, and Tianjin Top 60 Service Enterprises.