The park was developed by the Jiaozhou Bay Development Group, a subsidiary of SCO Holdings, with a total investment of 520 million yuan. Focusing on two key areas—building new value chains for the digital economy and establishing new platforms for cross-border e-commerce—the startup park prioritizes attracting next-generation information technology industries such as big data, 5G, blockchain, and artificial intelligence. It is dedicated to developing three synergistic industrial zones: the Digital Economy Startup Incubation Zone, the Digital Economy Industrial Acceleration Zone, and the Digital Economy Lifestyle Support Zone, with the aim of creating a new hub for the cross-border e-commerce industry.