[Summary] A wholly state-owned company specializing in capital operations
Beijing State-owned Assets Management Co., Ltd. (hereinafter referred to as "Beijing State-owned Assets Company") came into being amid the reform of Beijing's state-owned assets management system. Its predecessor was the Beijing State-owned Assets Operating Company, a public institution established in 1992 under the then Municipal State-owned Assets Bureau. In April 2001, it was restructured and reorganized in accordance with the modern enterprise system together with the former Beijing Overseas Financing and Investment Management Center, becoming a wholly state-owned company specializing in capital operations. Its main functions are to manage and operate government assets, undertake industrial investment beyond public finance, and ensure the preservation and appreciation of state-owned assets in circulation. Since its establishment, Beijing State-owned Assets Company has made pioneering progress in major industrial project investment and financing, organizing resources to serve the capital's development, and important asset management and operations, forming five major industrial sectors: finance, energy conservation and environmental protection, park development and operation management, culture and sports, and information services. Beijing State-owned Assets Company has a domestic credit rating of AAA and an international credit rating of A, and has developed into a hundred-billion-level state-owned investment holding group with core competitiveness.
Beijing State-owned Assets Company consciously shoulders the responsibility of a state-owned enterprise in the capital, takes participation in the construction of "four centers" functions and serving the "three major events" of the capital as its central work and investment focus. Around implementing the overall city planning of the capital, it actively promotes project layouts in culture, science and technology, etc.; fully leverages the role of the four major industry alliances in the Beijing-Tianjin-Hebei region, gathering advantageous resources to serve the coordinated development of the Beijing-Tianjin-Hebei region and the alleviation of non-capital functions; deeply participates in the preparation for the Winter Olympics, comprehensively advancing venue construction and large-scale events. Focusing on comprehensive investment holding business, the scale and influence of the financial industry continue to improve, the layout of energy conservation and environmental protection industry projects is rapidly expanding, the competitiveness of the park development and operation management industry is further enhanced, the brand strength of the culture and sports industry is more prominent, and the industry status of information services is further highlighted.
Based on the new development stage, Beijing State-owned Assets Company firmly implements the new development concept, actively serves the construction of the new development pattern, around strengthening the construction of "four centers" functions and improving the level of "four services", it strengthens, optimizes, and expands advantageous industries, embarks on the new journey of the "14th Five-Year Plan" with vigor, and makes new and greater contributions to building an international first-class harmonious and livable capital with practical actions.
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