M50 is located at No. 50 Moganshan Road in the peninsula of the Suzhou River. It covers an area of ​​41 mu and has a construction area of ​​41,606 square meters. It has more than 50 industrial buildings from the 1930s to the 1990s. It is currently Suzhou. The riverside retains the most complete legacy of national industrial buildings. M50 was originally a family business of Zhou's family, one of the representatives of modern Huizhou merchants, Xinhe Yarn Factory. After liberation, it was renamed Shanghai No. 12 Wool Textile Factory and Shanghai Chunming Roving Factory.According to the needs of the restructuring of Shanghai's textile industry, Chunming Plant stopped production of the original main business from the end of 1999. Since 2000, through the construction and adjustment of urban industrial parks, artists studios, cultural and art institutions and design enterprises with visual art and creative design have gradually been introduced, and they have gradually become one of Shanghai's landmark creative parks.In recent years, M50 Art Industry Park has introduced more than 140 artists' studios, galleries, higher art education and various cultural and creative institutions in 20 countries and regions. Currently, it has ShanghART, Washington, and Minamatra. , Ji Pintang, Shanghai University 99 Art Center, Fudan University Academy of Fine Arts, half-canopy and other quality customers. In the choice of the company, the M50 always follows the orientation of the park and introduces influential institutions in the field of cultural creativity. The presence of these institutions has created a strong artistic and creative atmosphere on the banks of the Suzhou River, attracting many domestic and foreign collectors, media, celebrities, art lovers, citizens and tourists.