The club was founded on 5 January 2017 as
Sichuan Jiuniu. They participated in the
2017 China Amateur Football League the same year and managed to advance to the national play-offs, but was eliminated by
Zhaoqing Hengtai in the first round. They were ranked 10th and later admitted into
China League Two due to the withdrawal of several other teams. On 20 February 2019, it was announced that the
City Football Group, a subsidiary of
Abu Dhabi United Group, as well as
UBTECH and China Sports Capital, had acquired the club. On 23 May 2020, the
Chinese Football Association announced that eleven professional clubs across China's top three divisions would have their registration cancelled over a failure to pay player wages. As a result, the CFA announced a reclassification of the teams which would contest their professional divisions. According to this reclassification, Sichuan Jiuniu was promoted to
China League One for the 2020 season, which was delayed because of the
COVID-19 pandemic. In 2022, Sichuan Jiuniu expressed its interest to relocate to
Changsha,
Hunan, to the
Chinese Football Association, but fell short in their attempt as the request was denied by the Chinese FA by April 2023. The Sichuan Jiuniu board, which includes the CFG, further expressed in a statement that, "if the Chinese FA are unable to fulfill their legal relocation request, then the board do not see a sustainable future in investing in Chinese football, and may pull out of the Chinese professional football league system, putting aside all previous investments and hard work." A week later on 22 October, Sichuan Jiuniu won the
China League One title after second-placed
Qingdao West Coast drew their match against
Shijiazhuang Gongfu. On 24 January 2024, the
Chinese Football Association confirmed the club's relocation to
Shenzhen,
Guangdong. The club completed its rebrand to Shenzhen Peng City ahead of their
debut Chinese Super League campaign. ==Stadiums==