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Corporate Profile

Company profile
Beijing State-Owned Assets Management Co., Ltd

Beijing State-Owned Assets Management Co., Ltd. (referred to as BSAM) was established amidst the significant reforms of the state-owned asset management system in Beijing. Initially founded in 1992 as the Beijing State-Owned Assets Operating Company, a subsidiary of the Municipal State-Owned Assets Bureau, it was restructured in April 2001, following the modern enterprise system, alongside the original Beijing Overseas Investment Management Center. This reorganization marked its transformation into a state-owned company specializing in capital operations. The company's primary function includes the management and operation of state-owned assets, ensuring their value preservation and appreciation in circulation. Since its inception, Beijing State-Owned Assets Management Co., Ltd. has actively advanced in resource organization for the capital's development, investment and financing of major industrial projects, and management and operation of critical assets. This has led to the formation of its four major industrial sectors: financial service, environmental protection and park operations, information services and digital industry, and culture and sports. With a domestic AAA credit rating and an international A credit rating, it has evolved into a highly competitive billion-level state-owned investment holding group.

BSAM fully aware of its role as a key state enterprise in the capital, steadfastly adheres to Beijing's strategic urban positioning. The company prioritizes the development of Beijing's "Four Centers" and the synergistic "Five Initiatives" as central to its operational and investment strategies. In recent times, the company has harnessed its strengths in the financial sector to boost the real economy and spearhead the development of cutting-edge industries. It has also deeply invested in environmental protection and park operations, establishing and managing parks focused on circular economies, technological innovation, and cultural creativity. This contributes to the green development strategy and supports Beijing's evolution into an international center for science, innovation, and a global consumption hub. The company has accelerated the development of information services and the digital industry, facilitating the digital transformation of governance, industry, urban development, and everyday life, and thereby supporting Beijing's ambition to become a benchmark city in the global digital economy. By consolidating resources in cultural and sports industries, it aims to fulfill the citizens' desire for a quality life and bolster Beijing's stature as a cultural center. Embracing a national perspective, Beijing State-Owned Assets Management Co., Ltd. effectively coordinates resources both domestically and internationally. It has successfully delivered on its commitments to major national and international events, including the Asian Civilization Dialogue Conference, the 70th Anniversary of the People's Republic of China, the 100th Anniversary Celebration of the Founding of the Communist Party of China, and the Beijing Winter Olympics and Paralympics.

In the new era, embarking on a fresh journey with renewed endeavors, Beijing State-Owned Assets Management Co., Ltd. aligns itself with Xi Jinping's Thought on Socialism with Chinese Characteristics for the New Era. The company is deeply committed to the pivotal task of fully developing a modern socialist country and realizing the second Centenary Goal, which is the grand rejuvenation of the Chinese nation through a uniquely Chinese path to modernization. Adhering to the new development philosophy and integrating into the evolving development landscape, the company's strategic focus is on digitalization, environmental sustainability, securitization, and brand enhancement. It aims to deepen its role in comprehensive investment and holdings, excel and strengthen its core business, enhance core functions, and improve core competitiveness. The company is dedicated to becoming a leading domestic state-owned capital investment corporation, one that shoulders the responsibilities and mission of a state enterprise in the capital during this new era. Proactively driving the capital's development in this new era, the company is committed to making a substantial contribution to Beijing's pioneering efforts in achieving socialist modernization.

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