The company was established exclusively by Beijing Beichen Industrial Group Co., Ltd. on April 2, 1997, and listed on the Hong Kong Stock Exchange in May of the same year. In October 2006, A-shares were successfully issued and listed on the Shanghai Stock Exchange. The company's main business includes developing properties, investing in properties (including hotels) and commercial properties. Currently, property development is concentrated in Beijing and Changsha, Hunan, where diversified, multi-level property development and sales include residences, apartments, villas, office buildings, and commercial properties. The company's main business includes developing properties and investing in properties (including hotels). The company received honors such as “China Complex Real Estate Professional Leading Brand” (14 consecutive years) and “2020 China Real Estate Influential Comprehensive Operator of the Year”.