It was reported Zixing Tangdong Sub-district Xinmin Community Rural Collective Stock Cooperative was inaugurated on February 11, 2015, which indicated that the first cooperative used for govern collective assets was established in Zixing city.

Xinmin community is located in the urban area of Zixing city, governing 11 residents groups of 6000people. It was the first batch of pilot community for “villages to communities”. After changing to be community, Xinmin community took active actions to explore new economic management model to enhance the operation and management of former village collective assets. It established the first collective stock cooperative in Zixing city. There were 425families of 1160people of the cooperative. The stocks were quantized to each individual, and stock accounts were registered with the unit of each family. Management regulations were figured out to specify the rights and obligations of each member, setting solution of stock rights, organization institutions, and etc. The cooperative would keep developing the strength of Xinmin rural collective economy by well playing the advantages of policies, location and capitals. 

Once Xinmin Community Rural Collective Stock Cooperative established, it can reasonably quantize the collective capitals to each individual, figure out the objects who can share the collective capitals and their portions, and solve the capital flow problem on the process of urbanization by well using and vitalizing the former village’s collective capitals. Besides that, it also helped to lay solid foundation for the establishment of urban-rural integration employment system and social pension insurance system for people whose lands were expropriated.