Chang Development

Beijing Changping Science Park Development Group Co., Ltd. (hereinafter referred to as the "Company"), established in May 2015, is a wholly state-owned limited liability company. It is positioned as the market-oriented investment and operation platform for the industrial development system of Changping Science Park (51.4 square kilometers) in Zhongguancun National Innovation Demonstration Zone, namely the integrator of industrial spatial resources, the operator of innovation service platforms, and the integrator of technology-finance services in Changping Park. It is committed to becoming an industrial park investment and operation group with national influence.
The Company is gradually integrating the equity and assets of state-owned development entities and investment institutions in key functional areas of Changping Science Park, and increasing financial contributions year by year. The core businesses of the Company include: park land primary development, core property development and leasing/sales operations, park property management and other park development and construction businesses; business incubation, public technology services, investment promotion management and other park operation management; entrusted management of government guiding funds, industrial fund investment, direct equity investment, as well as micro-loans, guarantees, and other integrated technology-finance services.