In 1999, Beijing Science Park Development (Group) Co., Ltd (hereinafter referred to as “BSD Group”) was established with approval of Beijing Municipal People’s Government in compliance with the guidelines in Official Reply of the State Council on the Construction of Zhongguancun Science Park. With BSAM as controlling shareholder, BSD Group is a science and technology real estate enterprise dedicated to park development and operation management. Since its inception, BSD Group has formed a business pattern featuring coordinated development of “one main business and three auxiliary businesses”, with science park development and operation management as the main business, and residential real estate, merger and acquisition investment and energy operation as the auxiliary businesses. Its total assets exceed more than RMB 50 billion.

In order to implement the national strategies of innovation-driven development and making China powerful through science and technology, BSD Group vigorously builds an industrial innovation carrier platform, shapes up industrial service system, propels scientific and technological innovation, takes the initiative to undertake the task in Beijing’s construction of international science and technology innovation center, successfully develops and builds the initial “one zone and three parks” in Zhongguancun, and embellishes the image of Zhongguancun, a world-renowned science and technology innovation powerhouse. Moreover, on the basis of summarizing the development and construction experience of Zhongguancun, BSD Group is poised for the development across the country and actively finds the ways to export deliverables. BSD Group has successively developed and constructed a number of branded science and technology park projects, including Huairou International Science and Technology Innovation Center, Yizhuang Science and Technology Innovation Park in Beijing, BSD·Eco-City Live-streaming E-Commerce Industrial Park in Tianjin, Zhongguancun · Hongqiao Innovation Center in Shanghai, Changchun Beihu Science Park, Qingdao Blue Biomedical Industry Park, as well as Baiziwan Paper Warehouse of Beijing Daily, Tianning No.1 Cultural and Technological Innovation Park in Xicheng District of Beijing and other urban renewal projects. The in-depth services and highly concentrated industrial resources have attracted more than 500 well-known technology enterprises, including Microsoft, Sina and Baidu, to settle in various parks. By the end of 2022, BSD Group had developed, constructed and operated nearly 20 science and technology parks, with total operation and management area of more than 10 million square meters. In recent years, BSD Group has been awarded a number of honorary titles, such as “Contribution Award for Independent Innovation in China”, “Leading Enterprise of Chinese Science and Technology Real Estate Industry”, “Chinese Industrial Park Brand Influencer Enterprise”, “Outstanding Contribution Award for Innovation and Development of Zhongguancun in the Past 40 Years”, etc.

BSD Group spares no effort to promote the coordinated development of the three auxiliary businesses and strongly boost main business to grow stronger. In terms of residential real estate, BSD Group has carried out extensive cooperation with powerful enterprises, such as China Merchants Shekou Industrial Zone Holding Co., Ltd, China Resources Group and China Jinmao Group. Up to now, residential buildings, with floor area of more than 12 million square meters, have been developed. In terms of merger and acquisition investment, BSD Group currently manages ten partners, with asset management scale of RMB 13.1 billion and total project investment of RMB 39.7 billion. Moreover, BSD Group has initiated and managed six venture capital funds, with asset management scale of about RMB 600 million. In terms of energy operation, its two subsidiaries, namely, Beijing Gaoke Energy Supply Management Co., Ltd and Beijing He-Energy Technology Co., Ltd, provide energy supply services, with total operating area of 8 million square meters. In addition, BSD Group takes the initiative to demonstrate the social responsibility of a state-owned enterprise by actively fulfilling important tasks, such as helping low-income people become richer in Liangjiazhuang Village, Qingshui Town, Mentougou District, Beijing. In this way, BSD Group enjoys widespread praise from the society.

In the future, BSD Group will continuously serve as “a key player of BSAM in Beijing’s construction of international science and technology innovation center”, uphold the concept of “enabling scientific and technological innovation, promoting urban development and jointly shaping a better life”, and strive to constantly move forward towards the goal of a leading Chinese science park development and operation conglomerate.