In 2025, BSAM was officially designated as a pilot enterprise for Beijing's reform of state-owned capital investment companies, marking it as the sole newly approved pilot enterprise in Beijing during the “14th Five-Year Plan” Period (2021–2025). In the past year, BSAM steadfastly advanced toward its strategic vision of “growing into a leading state-owned capital investment company in China”, constantly optimized industrial portfolios and made tangible progress in high-quality enterprise development.
Joining the Efforts for Developing Beijing into an International Science and Innovation Center and Demonstrating a New Sense of Responsibility
In 2025, bearing the corporate mission of “leading industrial advancement and emerging as top-grade BSAM” in mind, BSAM implemented the innovation-driven development strategy with a strong sense of responsibility befitting a central state-owned enterprise. BSAM played a pivotal role in converting scientific and technological potential into tangible developmental momentum for Beijing on the path toward International Center for Science & Technology Innovation. A landmark achievement, made at the companywide level, was the successful co-organization of the 2025 World Humanoid Robot Games, the world’s first integrated competitive event centered exclusively on humanoid robots. This event sets a globally recognized platform for technical exchange and industrial collaboration in robotics, significantly reinforcing Beijing’s ongoing initiative on the way to International Center for Science & Technology Innovation. Leveraging this grand event, BSAM facilitates the transformation of National Speed Skating Oval into Beijing Humanoid Robot Training and Competition Base, boosting high-quality development of Beijing robotics industry.
BSAM takes the lead in the establishment of Beijing Data Group, holds the spotlight at China International Fair for Trade in Services (CIFTIS), and actively undertakes key construction tasks, including Beijing Dual Intelligence City 4.0, digital intelligence enabling of grassroots governance. BSAM writes a new “Beijing Chapter” for the nationwide market-oriented allocation reform of data factors. Its subsidiary, Beijing International Data Exchange, has emerged as a core hub for data circulation and trading. In 2025, floor transaction volume of Beijing International Data Exchange surged by 170%, ranking first in China and delivering total data volume of 2,500 TB. High-quality AI dataset was three times that in 2024. CapInfo Company Ltd launches “Red” Series Products, strengthening service capabilities across the full chain of smart city construction. Beijing Certificate Authority Co., Ltd innovatively unveils Digital Trust Computing Power Platform, building a foundational infrastructure for trustworthy, compliant and high-efficiency data element circulation. Smart City Research Institute establishes Beijing AI Data Sandbox Mechanism, actively expands cross-border data business and gives impetuses to the construction of Beijing Data Infrastructure System Pilot Zone. Beijing Financial Big Data Co., Ltd operates Beijing Financial Public Data Zone and aggregates over 7.1 billion data records from more than 3.68 million market entities across Beijing, effectively unleashing the value of public data to enable financial innovation and inclusive growth in Beijing.
BSAM spares no effort for serving the main platform of Beijing's "Three Cities and One Zone". Beijing Smart Future AI Innovation Base Co., Ltd, Huairou International Scientific and Technological Innovation Center, Beijing Economic-Technological Development Area and other science and technology industry parks are home to high-end instruments, sensor, biomedicine and big health industry clusters. Beijing Science Park Development (Group) Co., Ltd showcases over 40 cutting-edge scientific and technological achievements of ten science and technology parks at China Beijing International High-tech Expo.
Helping Build Beijing into International Benchmark City for Green Economy and Making New Accomplishments
Oriented to green development, BSAM prioritizes strategic initiatives in green trading infrastructure and clean energy technology innovation, making every effort for Beijing’s aspiration to become an international benchmark city for green economy. National Green Technology Exchange Center has been inaugurated and succeeds in inaugural batch of technology licensing and transfer deals. As the operational entity of National Green Technology Exchange Center, China Beijing Green Exchange positions itself as a market-oriented, domestically leading, internationally influential, and fully open-style comprehensive service platform for green technology transactions. Concurrently, China Beijing Green Exchange operates China Certified Emission Reductions (CCERs) Trading Platform at a steady pace, registering annual transaction amount exceeding RMB 6 billion across CCER credits, carbon allowances and related environmental commodities in 2025. Dynagreen Environmental Protection Group Co., Ltd, a core subsidiary, operates 73 solid waste treatment projects across China and ranks among the industry-wide top leaders in terms of integrated scale. Its Tongzhou Digital & Smart Power Plant, constructed up to national high-standard specifications, has been completed as the original technology fountain for Beijing state-owned enterprises and has received multiple provincial-level and ministerial-level awards in recognition of scientific and technological advancement.
Contributing to Development of an International Consumption Center City and Unleashing New Vitality
In 2025, aligned with Beijing’s dual goals of developing into a national cultural center and an international consumption center city, BSAM took full advantage of its extensive portfolio for cultural and sports assets, fostering diversified consumption scenarios, promoting deep integration of culture, commerce, tourism, sports and exhibition. BSAM organized 1,700 consumption activities in the form of performing arts, sporting competitions, lifestyle markets and exhibition displays, receiving 16.88 million participants. National Stadium (“Bird’s Nest”) has developed distinctive cultural IPs—including “Bird’s Nest Starlight Performance Season”, “Bird’s Nest Passionate Sports Season” and “Bird’s Nest Happy Ice and Snow Season”. 56 large-scale events respectively attract over 10,000 visitors, with cumulative scale of over 5 million persons and catalyzing over RMB 13.7 billion in associated consumption. National Aquatics Center (“Water Cube”) was the venue of the World Aquatics Diving World Cup--Super Final and the 2025 "Water Cube Youth (Short Course) Swimming Invitational. Designated as specialized municipal-level sports event operation platform, Beijing Beiao Group regularly organizes mass-participation events, such as Beijing Athletics Open. National Speed Skating Oval (“Ice Ribbon”) launches thematic activities, including “Ice Ribbon Car Lifestyle Festival” and “Ice Ribbon Ice and Snow Carnival”, effectively meeting broad public demand for experiential winter sports and leisure consumption. Longfu Temple Project (Phase II) has been inaugurated to bring together premium commercial tenants engaged in cultural performance, immersive technology experience, heritage brand revitalization, lifestyle, outdoor sports, trendy entertainment, gourmet dining and other fields. Longfu Cultural Center served as the official venue for the 2025 Reception in Honor of Foreign Diplomatic Missions to China. Over 80 cultural and leisure consumption activities, such as “Benfu (Run for Fortune) on New Year’s Eve" Countdown and Longfu Outdoor Drama Festival, attracting nearly 8 million visitors. Meanwhile, Beijing Artists Management Corporation endeavors for Beijing’s prospect to become “City of Performing Arts” by producing the 30th Beijing New Year's Concert and the 9th Lao She Theater Festival.
Propelling Collaborative Development of Beijing-Tianjin-Hebei Region and Harvesting New Fruits
Beijing Urban Sub-Center Headquarters Park Project of BSAM, which is now in full swing, represents a landmark initiative supporting Beijing’s urban sub-center construction. Upon completion, it will form a waterfront leisure landscape corridor along the North Canal and emerge as an important landmark within the transportation and business district of Beijing Urban Sub-Center, reinforcing the sub-center’s role as a model of high-quality regional development. Co-organized by Beijing Beiao Group, “Beijing MC Marathon” and “Tongzhou Beijing Canal Half Marathon” have emerged as flagship events showcasing the vitality and developmental achievements of Beijing Urban Sub-center. China Beijing Equity Exchange facilitates market-based allocation of factors and resources across Beijing, Tianjin and Hebei.
Underpinning Development of Real Economy and Generating New Momentum
BSAM vigorously builds such major platforms as comprehensive property rights trading platform, investment and financing platform of high-end, precision and advanced industries, foundational platform of financing guarantee system and public service platform of SMEs, collectively exemplifying “BSAM Model” of financial services oriented to real economy. In 2025, BSAM acquired Credit Suisse Securities (China) Co., Ltd and rebranded it as "Beijing Securities Co., Ltd", significantly expanding strategic footprint and resource advantage in Beijing financial sector and going all out for building top-grade science and technology innovation financial service system in Beijing. China Beijing Equity Exchange always maintains cumulative transaction scale of over RMB 10 trillion, retaining its position as national leader in state-owned asset equity transactions. Transparent Procurement Platform extends its coverage to 41 municipal-level SOEs. In 2025, Beijing Industrial Developing Investment Management Co., Ltd initiated four new science and technology innovation funds and earmarked assets under management of RMB 1.627 billion for high-end, precision and advanced industries. Invested by Beijing Jingguosheng Investment Fund (Limited Partnership), science and technology startups Beijing Haochuang Ruitong Electrical Equipment Co., Ltd, Inner Mongolia Shuangxin Environment-Friendly Material Co., Ltd and Beijing Yunji Technology Co., Ltd have subsequently achieved successful IPOs. Beijing SMEs Credit Re-guarantee Co., Ltd anchors in its mission to “support agriculture and small businesses”, with record-breaking new business amounting to over RMB 50 billion, while risk-sharing arrangements with commercial banks surpassed 50% in coverage ratio. Beijing Guotong Asset Management Co., Ltd, functioning as Beijing’s local AMC, fully exercised countercyclical stabilization and financial rescue mandate: New non-performing asset acquisitions totaled over RMB 2.4 billion; individual loan grants reached RMB 200 million, and cumulative creditor rights acquisitions amounted to approximately RMB 88 billion.
Advancing Enterprise Reform and Sharpening New Competitive Edge
In 2025, R&D and innovation were elevated to a strategic priority of BSAM. BSAM allocated RMB 512 million for R&D, formalized strategic partnership with Alibaba Cloud, and intensified efforts to embed innovation as the core driver of sustainable growth. By the end of 2025, 15 subsidiaries were certified as high-tech enterprises, and four subsidiaries were included in Beijing’s list of enterprises authorized to establish municipal-level technology centers. Collectively, member enterprises of BSAM have been awarded 248 patents and 1,672 software copyrights, and they have led or participated in drafting many industrial, municipal and national standards.
BSAM formally launches enterprise culture system rooted in core philosophy of “Responsibility Culture”. BSAM constantly optimizes corporate governance, continuously refines market-oriented mechanism, constantly elevates management efficiency, constantly pushes forward digital transformation, and constantly makes efforts for collaborative win-win outcome.
Looking ahead to 2026, BSAM will steadfastly uphold the overarching principle of pursuing progress while ensuring stability, and rigorously echo with Beijing’s strategic positioning as the capital city. BSAM will concentrate on core mandates and principal business lines, expand new growth potentials, make progress in science and technology innovation, invigorate enterprise dynamism, strengthen essential functions, and enhance core competitiveness. Guided by proactive ethos of “diligent innovation for tangible progress, meticulous execution for substantive results”, BSAM, in all aspects, will step up efforts for “growing into a leading state-owned capital investment company in China”, making more endeavors for Beijing’s pioneering efforts as a national leader in fundamentally achieving socialist modernization.
