Financial Street Group

Beijing Financial Street Investment (Group) Co., Ltd. (hereinafter referred to as "Financial Street Group"), established in April 1992, is a large state-owned comprehensive investment company in Beijing. Its business areas involve real estate development, key government projects, property operation, property management, finance, and cultural industries, with business scope covering Beijing, Tianjin, Chongqing, Shanghai, Shandong, Henan, Jiangsu, Inner Mongolia, Sichuan, Hunan, Hubei, Anhui, Guangdong, and other provinces and cities. As of the end of 2016, the Group's total assets were approximately 210 billion yuan, with over 170 subsidiaries and more than 10,000 employees. Financial Street Group is committed to the construction of central business districts and comprehensive real estate development and operation, undertaking the unified planning, overall development, and regional operation of capital functional blocks such as Financial Street, Xidan, Xizhimen, Desheng Science and Technology Park, Guang'an Industrial Park, Baitasi Cultural Protection Area, and Tianqiao Performing Arts Zone, promoting urban industrial development and functional enhancement. After 20 years of development, Beijing Financial Street has become an internationally influential financial center, a national financial management center, and a gathering place for headquarters of large enterprise groups, serving as Beijing's brilliant "economic business card."
With the further relaxation of private education policies at the national level, the demand for quality educational resources continues to increase, and society's requirements for educational selectivity are rising. Financial Street Group seized this industrial development opportunity and established Beijing Financial Street Education Investment Co., Ltd. (hereinafter referred to as "Financial Street Education Company"), specializing in education investment, education consulting, and training services. Financial Street Education Company plans to fully leverage the quality educational resources of Xicheng District and the strong industrial and commercial resources of Financial Street Group to build an education group with Financial Street brand characteristics, covering preschool education, compulsory education, high school, higher education, and training, utilizing policy, brand, and capital strengths to promote sustainable industrial development.
I. Background and Significance of the Company's Establishment
1. The revision of the new Private Education Promotion Law and the issuance of supporting documents further encourage social forces to run schools, innovate the institutional mechanisms for private school operation, and improve the support system for private education, releasing new policy space for the development of private education.
2. The company's participation in running private schools will enrich the supply side of education, provide quality education to society, and optimize the educational ecological structure.
3. The Group's exploration in new industrial fields will promote the optimization and upgrading of its industrial structure while fulfilling its social responsibilities as a state-owned enterprise.
II. Core Resources and Advantages of the Company
1. Xicheng District is home to nationally renowned schools such as Beijing No. 4 High School, Experimental High School, Beijing No. 8 High School, the High School Affiliated to Beijing Normal University, Beijing No. 2 Experimental Primary School, Yumin Primary School, and Beihai Kindergarten. Many distinguished principals and teachers who have retired hope to continue contributing to education through innovative school-running systems. As a state-owned enterprise in Xicheng District, Financial Street Education Company has sufficient capacity to mobilize these resources, making them its core competitiveness for development.
2. Financial Street Group possesses strong industrial resources. The future development of Financial Street Education Company will be integrated with the Group's real estate development projects in various regions, setting up supporting schools for these projects. It will combine internal Group resources such as engineering construction, property management, theaters, and hotels to provide services and logistical support for school teaching and operations, achieving synergistic development with other enterprises in the Group.
3. Financial Street hosts over 1,700 financial institutions, including national financial regulatory authorities, headquarters of major national financial institutions, and 20 Fortune Global 500 enterprises, as well as more than 100 world-class foreign financial institutions and international organizations, with total assets exceeding 80 trillion yuan. Through initiating and operating the Financial Street Chamber of Commerce, Financial Street Group is dedicated to improving the soft environment of Financial Street. The Chamber currently has over 200 member units, including 30 Fortune Global 500 institutions, 172 headquarters units, and 21 foreign financial institutions. Over the past 25 years, Financial Street Group has accumulated rich strategic partnership resources through diligent work, standardized operations, and integrity in various industries.
III. School-Running Model and Development Plan
Financial Street Education Company will adopt the principle of "government support, enterprise operation, and educator-run schools" in running schools, exploring a school-running model that combines government and social forces in the education sector. Financial Street Education Company not only serves as the sponsor of schools but also comprehensively arranges and provides comprehensive operation and management services covering property management, procurement, promotion and publicity, network and information technology, and cafeteria management, allowing educators to focus more on teaching and research activities and fully safeguarding their autonomy in running schools.
In terms of business areas, Financial Street Education Company will rapidly expand into preschool education, compulsory education, high school, higher education, and training services, and will explore business opportunities in other domestic cities at appropriate times. The education company plans to start by building supporting schools for Financial Street Group's real estate projects in Xunliao Bay (Guangdong), Nanxun (Zhejiang), Chongqing, and Shanghai, introducing quality resources from Xicheng District to all parts of the country.
In terms of international business, Financial Street Education Company will make strategic investments in well-known educational brands in developed countries in Europe and America at appropriate times, and will establish the first K12 international school in the Financial Street area. While introducing well-known foreign educational brands, it will also bring advanced teaching methods and content into domestic schools, filling the gap of high-end international education in the Financial Street area.