Beijing Capital Group
Beijing Capital Group Co., Ltd., also known as BCG or the Capital Group, is a state-owned real estate enterprise directly under the supervision of the State-owned Assets Supervision and Administration Commission of the Beijing Municipality. The Beijing Capital Group Co. was incorporated in 1994 and is primarily a real estate firm. Headquartered in Beijing, BCG has a business network covering China as well as overseas markets, five listed subsidiaries, and total assets of over RMB 180 billion.
Core businesses
The Beijing Capital Group has four core businesses:- Environmental protection, including water, solid waste, air pollution, and environmental technology. The key water subsidiary is Beijing Capital Co., Ltd, founded in 1999 and listed in 2000. In 2011, the Group's Capital Environment Holdings Ltd. subsidiary entered the solid waste disposal sector by acquiring the New Environmental Energy Holdings Ltd., which was subsequently renamed Capital Environment Holdings Ltd.
- Infrastructure, including road, rail, and subways. Beijing Capital Group is a major investor in the Beijing Subway in a joint venture partnership with the Hong Kong MTR.
- Real estate: Beijing Capital Land Ltd. is the flagship company in the Group's real estate business, and is listed on the Hong Kong Stock Exchange.
- Financial services/funds, including the Beijing Agricultural Investment Co., Ltd, set up in 2008.
Overseas investment
France
The Sino-EU Economic and Trade Cooperation Zone, built by BCG in 2012 in Châteauroux, France, was the first large-scale comprehensive industrial park in a developed country established and operated by a Chinese enterprise.Despite these 2012 announcements, in 2020 the investments were not finalized, and the forecasted industrial park was no longer planned to be set-up in operation.