Tusholdings

What Tusholdings does

TusHoldings (Tus-Holdings Co., Ltd.) is a Chinese, Tsinghua University-affiliated integrated enterprise that develops, constructs, operates, and manages science parks and technology innovation ecosystems both domestically and internationally. Incorporated in July 2000 with origins in the August 1994 Tsinghua University Science Park Development Center, the company operates through three core brands — TusPark (science parks), TusCity (science cities), and TusStar (technology incubation) — supported by a Vertical Incubation System built on a seven-step full-lifecycle model and a Global Innovation Network comprising 300+ innovation bases across 80+ cities. Its core platform architecture combines physical park infrastructure (leasing, property management), a full-lifecycle incubation methodology covering entrepreneurship ideation through enterprise listing, a multi-stage investment fund stack (TusStar Angel Investment, TusPark Venture, Tus-Venture Capital Management, Tus-Financial Investment), and six hi-tech industry clusters spanning environmental protection, digital economy, clean energy, healthcare, new materials, and education through 35+ wholly-owned subsidiaries.

The company serves three primary customer segments: governments and public institutions seeking science park development (notably via the 'Two Countries, Two Parks' bilateral model used with 8+ country partners), universities and research institutions seeking technology commercialization mechanisms (66+ university partnerships globally), and startups and emerging companies seeking incubation, mentorship, and capital access (20,000+ enterprises incubated cumulatively in China). The business model derives revenue from science park leasing and property services (subscription/recurring), incubation and consulting services (professional services fees), venture investment returns (transaction-based across the fund stack), and equity participation across hi-tech industry clusters. Pricing is not publicly disclosed and is negotiated project-by-project based on scope, geography, and partnership terms. The international footprint spans 20+ countries including the UK (Cambridge flagship with Trinity College), Belgium, Russia, USA, South Korea, Kazakhstan, Pakistan, Spain, Brazil, Vietnam, Indonesia, UAE, and Mongolia, with 2025-2026 showing a pronounced acceleration of Belt and Road-oriented bilateral agreements.

Name

Tusholdings

Legal name

Tus-Holdings Co., Ltd.

Website

https://en.tusholdings.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

TusHoldings is a Tsinghua University-affiliated Chinese integrated enterprise that develops, operates, and manages a global network of 300+ science parks, technology incubators, and innovation ecosystems across 80+ cities, serving governments, universities, and startups through its TusPark, TusStar, and TusCity brands.

Ownership category

akta.pro rank

Product category

Science Park Development and Innovation Incubation

SIC

Hazardous Waste Management (4955)

akta.pro primary industry

Technical Universities with Entrepreneurship & Incubation Focus (EDAHAEAH)

Keywords

• Science park development
• Technology incubation services
• Startup acceleration
• Venture capital investment
• Innovation ecosystem

Headquarters

HQ city

Beijing

HQ country

China

HQ region

Asia

Offices16 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Science Park Development and Operation: Developing, constructing, and operating science parks and technology towns as physical innovation hubs. Revenue generated through park leasing, property management, and service fees.
2. Technology Incubation Services: Providing incubation services to startups including mentorship, resources, and investment support through brands like X-Lab, TusStar Camp, and Diamond Programs.
3. Technology Industry Investment: Investment returns through venture capital funds (TusStar Angel Investment, TusPark Venture) and financial investment companies covering full lifecycle.
4. Hi-tech Industry Clusters: Operating industry platforms in environmental protection, digital economy, clean energy, health, and new materials through subsidiary companies.
5. International Cooperation and Consulting: International park cooperation, technology transfer consulting, and cross-border innovation services for Belt and Road countries.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

TusHoldings develops, constructs, operates, and manages a global network of 300+ science parks and technology innovation hubs across 80+ cities through its three core brands: TusPark (science parks), TusCity (science cities), and TusStar (startup incubation). The company provides full-lifecycle incubation support from entrepreneurial ideation to enterprise listing alongside venture capital funds and Hi-tech industry clusters spanning environmental protection, digital economy, clean energy, health, new materials, and education sectors.

Product overview

TusHoldings operates an integrated science park and technology innovation platform comprising three core brands: TusPark (science parks), TusCity (science cities), and TusStar (incubation). The platform is supported by a Global Innovation Network of 300+ global innovation bases and a Vertical Incubation System that provides full-lifecycle services from startup incubation to enterprise growth. Hi-tech Industry Clusters span six sectors: environmental protection (Tus-Sound Environmental, Tus-Water, THUNIP, BIOREM, YaDu, Tus-Eco), digital economy (Tus-Digital Group, 21Vianet Group, NationSky, Tus-Digital World, Rice Microelectronics), clean energy (Tus-Clean Energy Group, Tsinghua Solar, Tustsingyun Energy, Tus-OPTIM, HE-Energy, Nowva Energy, Raising Group), health (Tus-Guhan, Jiangxi Caoshanhu, ACCB Biotech, Yongfeng Pharmaceutical), new materials (Tus-Material Group, Tus-Qingyuan), and education (Tus-Education Group, Tus-Juren, Tus-Business School). The platform leverages a 'Science Parks + Tech Industries + Tech Finance' operation model integrating government, enterprises, universities, and research institutes.

Differentiator

Problem solved

Functional benefit

Brands

• TusPark: Science park brand providing space and innovation services for technology enterprises
• TusStar
• TusCity
• Vertical Incubation System
• Global Innovation Network
• Tus Business School
• IASP China

Products and services

• TusPark Science park brand providing physical innovation spaces, incubation facilities, and technology enterprise support services across 300+ global locations in China and overseas markets for technology companies and government clients.
• TusCity Science city development platform for large-scale technology innovation districts that integrate industry clusters, residential, and commercial infrastructure, targeting governments and large institutional partners.
• TusStar Technology enterprise incubation platform offering startup incubation, angel investment, venture capital, and mentorship programs using a seven-step incubation model for early-stage startups.
• Hi-tech Industry Cluster Vertical industry platforms covering environmental protection, digital economy, clean energy, health, new materials, and education sectors operated through a portfolio of subsidiary companies.

Quantifiable outcome

• 300+ global innovation bases covering 80+ cities and regions
• +3 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

31 partnerships are on record, tiered core, flagship and minor.

• SEMESP (Brazilian Association of Maintenance Institutions of Higher Education)coreStrategic or Co-development Partner · 21 April 2026SEMESP represents 1,000+ private universities with 4M+ students. Joint University Technology Park model discussion. Association-led Industrial Park and BRICS Technology Park model. Global Network Empowerment for cross-university and cross-border incubation.
• Lemhannas RI (National Institute for Strategic Studies, Indonesia)coreGTM or Marketing Partner · 20 April 2026P3N XXVII program delegation visit for strategic training. Understanding China's technology innovation and industrial cultivation experience. Exploring 'government + university + enterprise' collaborative innovation model.
• Vietnam National UniversitycoreStrategic or Co-development Partner · 14 April 2026Discussions on digital transformation, talent development, innovation ecosystems, and 'Two Countries, Two Parks' cooperation. Vietnam plans 1,000-hectare new technology city near Hanoi. Cooperation on university technology parks and digital disciplines.
• Catalonia Technology Park AssociationcoreStrategic or Co-development Partner · 8 April 2026Exploration of China-Spain science and technology innovation network cooperation. Multi-park network collaboration model discussion. UPC with highest number of patents and unicorns in Spain (9 unicorns, nearly 20% nationally).
• Polytechnic University of Catalonia (UPC)coreStrategic or Co-development Partner · 8 April 2026Elisabeth Jordà, Head of Strategic Development and Innovation at UPC, visited TusPark. Cooperation discussion on direct investment co-build model for establishing close innovation community through capital ties.
• Mongolian University of Science and TechnologycoreStrategic or Co-development Partner · 9 March 2026Called 'Mongolia's Tsinghua University'. Building Mongolian University of Science and Technology Science Park based on 'Two Countries, Two Parks' model. Cooperation in energy, mining development, information and communications, processing industry, and modern agriculture.
• Seven Spanish Public UniversitiescoreStrategic or Co-development Partner · 2 March 2026Delegation from University of Basque Country, University of Vigo, University of Alicante, University of Jaen, University of Oviedo, University of Huelva, University of Cadiz. Discussions on science-tech and education cooperation, transformation of scientific achievements, joint international innovation parks.
• Trade Representative Office of Russian Federation in ChinacoreStrategic or Co-development Partner · 4 February 2026Discussions on China-Russia cooperation in sci-tech innovation and industrial sectors. TusHoldings' incubation and investment system support for Russian enterprises entering Chinese market. Potential cooperation in equipment manufacturing, new energy, and agricultural science and technology.
• Daejeon Expo Science Park, South KoreacoreStrategic or Co-development Partner · 4 February 2026Cooperation under 'Twin Parks in Two Countries' initiative. Cross-border transformation of sci-tech achievements and joint incubation acceleration platform. Daejeon is known as 'Korean Silicon Valley' with national research institutes and KAIST.
• Cambridge Science ParkcoreStrategic or Co-development Partner · 28 January 2026Joint development of Bio-Innovation Centre (BIC). Managing Director Jane Hutchins participates in ecosystem building discussions. Partnership for UK-China innovation cooperation bridging.
• Karachi Technology City (KTC), PakistancoreStrategic or Co-development Partner · 19 January 2026Chairman Danish Iqbal delegation visit. Building new benchmark for Sino-Pakistan tech cooperation. 'Two Countries, Two Parks' mechanism discussion. Focus on AI and LLM enterprises introduction. Exploration of joint venture SPV establishment.
• Strategic Renaissance 21 (SR21), USAcoreStrategic or Co-development Partner · 15 January 2026Discussions on 'Low-Altitude Economy and Sino-US Tech Cooperation'. First formal exchange between US-China Friendship Liaison Group. Consensus on 'Common Security' prerequisite for tech cooperation. Long-term Track II meeting mechanism establishment.
• UK Department for Business and Trade (DBT)coreStrategic or Co-development Partner · 12 December 2025Discussions on China-UK 'Dual Parks' construction, green and low-carbon parks development, international investment cooperation. DBT to assist connecting resources from Imperial College London and University of Cambridge. Cooperation on co-building China-UK Green Technology Ecological Park.
• UK Research and Innovation (UKRI)coreStrategic or Co-development Partner · 11 November 2025Cooperation on deepening Sino-British innovation collaboration, clean energy, agricultural tech, and health tech. UKRI has supported 800+ UK-China collaborative projects with cumulative investment exceeding £500 million. Joint incubation, technology transfer, and cross-border investment exploration.
• Almaty City GovernmentcoreStrategic or Co-development Partner · 8 November 2025MoU signed for China-Kazakhstan scientific and technological innovation and park construction cooperation. Almaty delegation visited Tsinghua Science Park. Plans for technology parks and AI parks construction, cooperation in education, technology, and industry.
• Trinity College, University of CambridgeflagshipStrategic or Co-development Partner · 3 November 2025Joint development of Cambridge TusPark as flagship project. Bio-Innovation Centre (BIC) co-developed as one of the first open biotechnology incubators in the UK. Provides flexible R&D space for early-stage life science enterprises through shared infrastructure and 'bench rental' model.
• Innovate CambridgecoreStrategic or Co-development Partner · 3 November 2025Key partner in Innovate Cambridge initiative driving ambitious ten-year strategic plan to incubate life sciences and deep tech companies, accelerate commercialization of research, and foster Cambridge innovation ecosystem growth.
• Seoul National University, South KoreacoreStrategic or Co-development Partner · 8 January 2020Cooperation discussions on China-Korea Two Parks in Two Cities and Industry Investment Fund. Overall Health Project, intelligent manufacturing cooperation. Keynote speech on 'Triple Helix Model and International Collaborative Innovation'.
• Japan Defta FoundationminorStrategic or Co-development Partner · 14 December 2019Board Chairman George Hara visited TusHoldings. Discussion on new technological revolution and innovation incubation system. Consensus on promoting AI, medical health, and new-generation communication technology cooperation between Chinese and Japanese enterprises.
• Italian Global Start-up ProgramminorGTM or Marketing Partner · 17 September 2019TusPark Jiangsu co-organized 2019 Italian Global Start-up Program Nanjing Xuzhuang Stop. 11 Italian start-ups from Rome, Milan, Caserta, Catania, Palermo participated. Zero-distance matchmaking with Nanjing entrepreneurship platform.
• Singapore Ministry of Communications and InformationcoreStrategic or Co-development Partner · 3 July 2019Minister S. Iswaran discussion on technology and information cooperation.
• WHA Corporation, ThailandcoreStrategic or Co-development Partner · 23 June 2019Thailand delegation visit for China-Thailand technology innovation cooperation.
• Serbian Ministry of Innovation and Technological DevelopmentcoreStrategic or Co-development Partner · 19 June 2019Ministerial meeting for Eastern Europe cooperation on technology innovation.
• Republic of Malta DelegationminorStrategic or Co-development Partner · 1 June 2019Malta Prime Minister met Tus Triple Helix delegation. Technology cooperation discussions.
• ENGIE Group, FrancecoreStrategic or Co-development Partner · 25 June 2018Cooperation agreement signed for Sino-French renewable energy and smart energy service development. ENGIE ranked 93rd on Fortune Global 500 in 2017. Joint development of concentrating solar power generation projects in Belt and Road countries.
• French ENGIE GroupcoreStrategic or Co-development Partner · 25 June 2018Cooperation agreement for Sino-French renewable energy and smart energy services. Joint concentrating solar power projects in Belt and Road countries.
• Nazarbayev University, KazakhstancoreStrategic or Co-development Partner · 12 June 2018MoU signed at 5th Plenary Meeting of China-Kazakhstan Entrepreneur Committee. Cooperation in personnel training, infrastructure development, science park operation management, project softlanding.
• Netherlands Ministry of Medical Care and SportsminorGTM or Marketing Partner · 16 April 2018Minister Bruno Bruins visit to promote interaction between Chinese and Dutch enterprises in medical care and health industries.
• Japan former Prime Minister Yukio HatoyamaminorGTM or Marketing Partner · 19 October 2017Former PM visited TusHoldings and TusStar Incubator. Government relations and diplomatic connections.
• FINPRO, FinlandcoreStrategic or Co-development Partner · 30 June 2017Cooperation agreement signed witnessed by Finnish Prime Minister Juha Sipila. TusLink Finland-China Enterprises Innovation Cooperation Forum for international innovation ecosystem building.
• Swiss National Innovation ParkcoreStrategic or Co-development Partner · 8 April 2016Cooperation agreement signed at Sino-Swiss important cooperation signing ceremony at Great Hall of the People. Witnessed by Xi Jinping and Chairman of Swiss Confederation. Since 2016, Switzerland expanded to 30+ park network.

Scale indicators11 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• SOSV: Global venture capital firm and accelerator running multiple vertical-specific programs (hardware, biotech, fintech). Comparable in accelerator operation, vertical focus and cross-border venture deployment.
• Plug and Play Tech Center: Global innovation platform operating accelerator programs and corporate innovation services across 50+ locations worldwide. Comparable multi-city innovation network model with incubation, corporate partnerships and venture programs.
• Techstars: Global startup accelerator with mentorship-driven programs across multiple verticals and geographies. Comparable as a global incubation operator, though without the science park real estate footprint.
• Zhangjiang Hi-Tech Park: Shanghai-based science and technology park operator and developer, listed on Shanghai Stock Exchange. Most directly comparable Chinese state-affiliated science park operator with park development, incubation and venture operations across multiple verticals.
• Ascendas-Singbridge (CapitaLand): Asia's leading science park and business space operator with portfolio of technology parks and innovation districts across Asia. Directly comparable in science park development, real estate operations and innovation ecosystem management.
• Y Combinator: World's most prominent startup accelerator and seed investor, operating a global innovation network. Directly comparable in incubation, angel investment and venture-stage company building, though US-headquartered rather than affiliated with a top university like Tsinghua.

Broad incumbents

• Tsinghua Unigroup: Tsinghua University-affiliated Chinese high-tech conglomerate operating in semiconductor, IT and cloud services. Shares Tsinghua University affiliation and innovation ecosystem mandate, but focuses on core technology rather than science park operation.
• China Communications Technology Group: Large Chinese state-affiliated enterprise with diversified operations across technology parks, telecommunications infrastructure and innovation services. Comparable in scale and state-affiliated innovation infrastructure mandate.
• Legend Holdings: Large Chinese conglomerate (parent of Lenovo) with diversified holdings across technology, financial services and modern services. Comparable as a Chinese diversified innovation conglomerate, though with less science park focus.

Regional players

• Science Park Inc. (Japan): Japan's leading private-sector science park developer and operator with multiple domestic and international locations. Comparable in science park real estate operations but geographically focused on Japan.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubei.youku.com/tusholdings

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries38 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments32 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tusholdings