Beijing Science Park Development (Group) Co., Ltd. (hereinafter referred to as “BSD Group”) was established, with approvals of the Beijing Municipal Government, in November 1999 in compliance with the guidelines set forth in the reply of the State Council on the construction of Zhongguancun Science Park. The Company’s controlling shareholder is BSAM.

BSD Group has formed a business pattern with technological property as feature and emphasizing coordinated development of residential property and commercial property, and has successfully developed Zhongguancun West Section, Zhongguancun Software Park, Zhongguancun Life Science Park, as well as a number of renowned high quality residential projects including Lingxiu Silicon Valley, Lingxiu New Silicon Valley, Guanshanyue and Kunming Changfeng, committing in forging itself into the No.1 technological property brand with nationwide influence. As a key force in constructing Zhongguancun Science Park, the Group has also actively expanded its mode for technological property and radiated throughout China – the Group developed Zhongguancun Yangtze River Delta Innovation Park in Jiaxing, Zhongguancun Software Park Taihu Sub-park in Wuxi, as well as Qingdao Blue Biopharmacy Industrial Park. As of the end of 2010, the Group has accumulatively developed 100,000-km2 of land and achieved total assets worth 15 billion Yuan. BSD Group ranks among top 100 China-based Real Estate Companies for 5 consecutive years, and was awarded in 2009 the Prominent Contribution Prize to the 20-year Construction of Zhongguancun Science Park , the Contribution Award for Independent Innovation in China, as well as one of the most influential enterprises in China.