Their majority shareholders were the Hohhot Sports Bureau and Shanghai Zhongyou Real Estate Group.

On 8 October 2011 Shanxi Jiayi football club was officially established by the Shanghai Zhongyou Real Estate Group who formed a senior team predominantly comprised from players from the Taiyuan University of Technology.

[3] On the field the club made their debut in the 2012 Chinese FA Cup where they were knocked out in the first round by Shanghai Pudong Zobon F.C.

[4] The club owners decided not to compete within the 2013 league season after a disappointing debut campaign.

[6] Despite the promotion the club officially admitted the financial difficulties required with the higher level of professionalism and would consider relocating the team to gain the necessary investment.