Beichen Shiye Jituan

What Beichen Shiye Jituan does

Beijing North Star Industrial Group (北辰实业集团) is a Beijing municipal state-owned enterprise founded in 1990, originally established to support the 11th Asian Games, and controlled by Beijing SASAC. The group operates under a "3+2" business structure comprising three core business lines — convention and exhibition (Shoudu Exhibition Group / 首都会展集团), real estate development (Beichen Real Estate / 北辰地产), and commercial property management (Beichen Commercial Management / 北辰商管) — plus two flagship infrastructure projects, National Convention Center Phase II and New International Exhibition Center Phase II. It is the first real estate company in China to achieve dual A-share (601588.SS) and H-share (0592.HK) listing.

The company's exhibition business manages 24 venues totaling 6.06 million square meters and hosts over 6,000 events annually, including more than 80 major diplomatic and state-guest events since inception. The real estate arm has developed approximately 50 projects across 15 Chinese cities with over 20 million square meters of total development scale. The commercial property management business oversees 799,000 square meters with assets of 3.774 billion yuan and supports 20 hotel management projects. Strategic partners include ICCA, GL Events (France), Shougang, Shouqi, JD.com, CCTV, and the China Philharmonic; the group holds five ISO certifications and operates under codified national service standards ("Beijing Service" / BICES).

Revenue is generated from venue rental and event services, real estate sales and development, commercial property management fees, and hospitality operations. The customer base is anchored by Beijing municipal and central government clients, diplomatic missions, large domestic corporates, and consumer-facing tenants of its commercial property portfolio. Recent operating milestones include the May 2025 opening of National Convention Center Phase II and the company's role in hosting the 2025 Global Women's Summit and the ICCA Global Venue Forum.

Name

Beichen Shiye Jituan

Legal name

北京北辰实业集团有限责任公司

Website

https://bcjt.com.cn

Company type

Public

Founded year

1990

Operating status

Operating

Headcount range

101–250 employees

Short description

Beichen Shiye Jituan (北辰实业集团) is a Beijing municipal SOE and A+H dual-listed operator of 24 convention venues (6.06 million sqm) plus real estate development across 15 Chinese cities and commercial property management. It serves government, diplomatic, corporate, and consumer clients under codified "Beijing Service" national standards.

Ownership category

akta.pro rank

Product category

Exhibition and Convention Venue Management

NAICS

Corporate, Subsidiary, and Regional Managing Offices (551114), Management of Companies and Enterprises (55111), Management of Companies and Enterprises (55)

SIC

Non-Operating Establishments (9995)

akta.pro primary industry

Convention & Exhibition Centers (Public Convention Centers, Civic Centers) (THAHAAAA)

akta.pro secondary industries

Convention & Exhibition Center Construction (IMAFACAM), Large-Scale Headquarters Convention Hotels (THAGALAH), Integrated Convention & Expo Complex Hotels (THAGALAE)

Keywords

• Convention venue management
• Exhibition organizing services
• Residential real estate development
• Commercial property management
• Diplomatic event services

Headquarters

HQ city

Beijing

HQ country

China

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Exhibition Venue Management & Services: Revenue from managing owned and commissioned convention and exhibition venues. Services include high-end diplomatic and government conference hosting, exhibition hall rental, event planning and execution, and venue operations. The company manages 24 venues totaling 6.06 million sqm. Revenue is recurring from long-term commissioned venues and event-based from hosted conferences.
2. Real Estate Development & Sales: Residential, commercial, and mixed-use property development across 15 cities. Revenue is realized through property sales, commercial leasing, and property management fees. Projects span Beijing, Changsha, Wuhan, Chengdu, Chongqing, Suzhou, Hangzhou, Haikou, Guangzhou, and other major urban clusters.
3. Commercial Property Management: Professional property management for office buildings, hotel apartments, and integrated commercial spaces. Includes asset management, leasing services, and operational management for properties in the Beijing Asia-Olympic core area. Total managed area of 799,000 sqm with total assets of 3.774 billion yuan.
4. Major National Event Service Guarantee: Revenue from service guarantees for major national and international diplomatic events. As the primary operator of National Convention Center Phase II and service provider for national-level summits, the company earns fees for comprehensive event management, catering, accommodation coordination, and VIP services.
5. Trade Fair & Exhibition Organizing: Revenue from organizing and co-organizing exhibitions and trade fairs, including the China International Fair for Trade in Services (CIFT), CEFCO conference, and proprietary IP events like the Beijing International Art & Design Toys Exhibition. Includes booth sales, sponsorship, and event management fees.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Beichen Shiye Jituan (North Star Industrial Group) is a Beijing municipal state-owned enterprise that operates, manages, and develops convention and exhibition venues, organizes major trade fairs and diplomatic summits, develops residential and commercial real estate across 15 Chinese cities, and provides commercial property management services. Its core commercial activity is managing flagship venues (notably National Convention Center and National Convention Center Phase II) for high-end government diplomatic events and large exhibitions, complemented by recurring real estate development sales and asset-light commercial property management fees.

Product overview

Beichen Shiye Jituan operates as a diversified state-owned enterprise with three core business segments: exhibition services (首都会展集团), real estate development (北辰地产集团), and commercial property management (北辰商业管理公司). The exhibition segment manages flagship venues including National Convention Center, National Convention Center Phase 2, and New Exhibition Center Phase 2, while operating major events including CIFTIS. The real estate segment develops projects across 15 cities including Changsha North Delta. The commercial property segment handles office, hotel, and retail property operations, including the POLPAS北辰荟 commercial complex.

Differentiator

Problem solved

Functional benefit

Brands

• 首都会展: 首都会展集团 - exhibition and convention services subsidiary, including venue operations, event management, and industry think tank services
• 北辰地产
• 北辰商管

Products and services

• Shoudu Exhibition Group Exhibition & Convention Services (首都会展集团) State-owned exhibition management company providing high-end government and commercial exhibition services, venue operations, and exhibition organizing capabilities. Operates as the core platform for the Group's exhibition business including CIFTIS, and is the principal event organizer for the China International Fair for Trade in Services.
• National Convention Center Venue Rental & Operations (国家会议中心) Flagship convention venue in Beijing's Olympic Park, serving as a world-class international meeting facility since 2009. Provides venue rental, event planning and execution for government, diplomatic, and commercial events. Together with Phase II it forms a complex exceeding 1.3 million sqm.
• National Convention Center Phase II Venue Rental & Operations (国家会议中心二期) New world-class convention complex featuring a column-free 8,000 sqm main hall with custom acoustic dome design, integrated with hotel, commercial, and office spaces. Hosts the ICMM Global Venue Forum, Global Women's Summit, and major state diplomatic events.
• New International Exhibition Center Phase II Venue Operations (新国展二期) Beijing's largest exhibition venue with over 210,000 sqm of net exhibition area, 15,000 sqm of net meeting space, and approximately 450 hotel rooms, featuring the 'Purple Silk Ribbon' design concept. Under construction by Chenxing Company.
• Capital International Convention & Exhibition Center Venue Operations (首都国际会展中心) Newly operated exhibition center serving as the first fully-booked venue for CIMT 2024 with 310,000 sqm total exhibition area, one of Beijing's largest exhibition facilities.
• Beijing International Conference Center Venue Operations (北京国际会议中心) Premier international conference venue established in 1990, host venue for the 1995 UN Fourth World Conference on Women. Provides venue rental and event services for international summits and conferences.
• China International Fair for Trade in Services (CIFTIS / 中国国际服务贸易交易会) Major national exhibition platform where North Star serves as primary organizer through Shoudu Exhibition Group. Generates revenue via booth sales, sponsorship packages, and event management fees for one of China's flagship international trade fairs.
• Beichen Real Estate Development (北辰地产集团) Residential, commercial, and mixed-use property development across 15 Chinese cities, operating under three product series: 府系 (Fu premium series for high-net-worth buyers), 香醍系 (Xiangti upgrading series), and 青年优+系 (Young Elite series for first-time buyers). Total cumulative development scale exceeds 20 million sqm across approximately 50 projects.
• Beichen Commercial Property Management Services (北辰商管) Asset-light commercial property management covering office buildings, hotel apartments, and integrated commercial complexes in Beijing's Asia-Olympic core area. Total managed area of 799,000 sqm and total assets of 3.774 billion yuan. Revenue includes management fees, leasing commissions, and performance-based charges.

Quantifiable outcome

• Successfully hosted the 2025 Global Women's Summit with a 2,100-person service team achieving zero errors
• +4 more outcomes

Named customers8 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

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

• China Central Television (CCTV) / China Media GroupcoreStrategic or Co-development Partner · 1 January 2026North Star Group, CCTV, and China Philharmonic Orchestra jointly created the 'CMG Music · National Congress National Charm New Year Concert' at National Convention Center Phase II, with the Vienna New Year Concert program broadcast nationally. This cross-sector cultural collaboration positions the venue as a high-culture events destination.
• China Philharmonic Orchestra (中国爱乐乐团)coreStrategic or Co-development Partner · 1 January 2026Performed at National Convention Center Phase II for the 2026 New Year Concert series, marking the first domestic venue broadcast of the Vienna New Year Concert in China. The orchestra collaborated with North Star and CCTV to create a world-class musical event at the venue.
• Chaoyang District Government (朝阳区人民政府)coreStrategic or Co-development Partner · 4 December 2025Chaoyang District Government and North Star Group co-founded the '朝阳区北辰会展一站式服务平台' (Chaoyang District North Star Convention One-Stop Service Platform), Beijing's first convention one-stop service platform, integrating government, enterprise, and industry resources for full-chain exhibition services.
• Beijing Federation of Trade Unions (北京市总工会)coreStrategic or Co-development Partner · 13 January 2025Beijing Federation of Trade Unions conducted the 2025 New Year 'Winter Warming' activity at National Convention Center, with union leadership visiting frontline workers and presenting care packages, strengthening government-enterprise relations.
• ICCA (International Congress and Convention Association)flagshipStrategic or Co-development Partner · 4 December 2024North Star Group and ICCA co-hosted the 2025 ICCA Global Venue Forum at National Convention Center Phase II with ~300 global attendees from 50+ countries. North Star also hosts ICCA's China Representative Office — ICCA's first national office outside its Amsterdam headquarters. Both parties collaborate on the CIBEP certification program (注册国际商务会展专业人士), the first international mutual recognition of exhibition professional qualifications in China.
• Huarun置地 (China Resources Land)minorStrategic or Co-development Partner · 14 March 2024North Star Group's President Li Yun conducted research visits to China Resources Land's North China Region to benchmark best practices in property development and management, exploring potential business cooperation.
• France GL Events (法国智奥会展集团)flagshipStrategic or Co-development Partner · 1 January 2024As a strategic shareholder in Shoudu Exhibition Group, GL Events provides international exhibition management expertise and helps North Star access global exhibition networks and best practices. North Star Group's leadership met with GL Events Chairman Olivier Ginon in March 2024 to discuss deeper cooperation in venue management and exhibition projects.
• Shoudu Exhibition Group (首都会展集团) — Strategic Shareholders: Shougang, Shouqi, JD.com, GL EventsflagshipStrategic or Co-development Partner · 11 December 2023Shoudu Exhibition Group was established by North Star Group with four strategic investors: Shougang Group (首钢集团), Shouqi Group (首旅集团), JD.com (京东集团), and French GL Events (法国智奥会展集团). These partnerships bring capital, hospitality expertise, digital capabilities, and international exhibition experience to strengthen the exhibition platform.
• 湖南省博物馆, 湖南潇湘青春影业, 湖南电广传媒, 长沙滨江文化园管理中心 (Changsha North Star Binjiang Alliance founding members)coreStrategic or Co-development Partner12 founding member enterprises including Hunan Provincial Museum, Hunan Broadcasting System, and Changsha Cultural Tourism Bureau co-founded the Changsha North Star Binjiang New Life Innovation Alliance to develop integrated consumption scenarios around North Star's Changsha properties.
• 中铁五局集团 (China Railway 5th Bureau)minorStrategic or Co-development PartnerNorth Star Group's Changsha real estate and exhibition teams explored cooperation with China Railway 5th Bureau to develop integrated property and venue projects in the Changsha region, combining state enterprise resources for regional development.
• 首都会展集团信息公开coreOthersSub-group companies including Shoudu Exhibition Group, North Star Real Estate Group, North Star Commercial Management, and North Star Convention Investment all publish public information disclosures.

Scale indicators10 records

Recent moves13 records

Expansion highlights6 records

Broad incumbents

• China Resources Land: Largest central SOE real estate developer in China (1109.HK), with investment property portfolio and a commercial management platform. Comparable as a SOE-backed diversified real estate / commercial property operator, though much larger and broader in scope than North Star.
• Informa: Global B2B events, exhibitions, and information services group (INF.L). Comparable as a major international exhibition organizer with venue partnerships, though with much broader scale and a market-driven (vs SOE-driven) model.
• Poly Developments and Holdings: China's largest central SOE real estate developer (600048.SS). Comparable as SOE real estate incumbent, but operates at significantly greater scale and lacks North Star's exhibition venue vertical.
• Greenland Hong Kong Holdings: Major Chinese SOE real estate developer (337.HK) with extensive commercial and residential portfolio. Comparable as large-scale SOE property developer, though less focused on convention/exhibition venue operations.

Others

• CITIC Limited: Large Chinese state-owned conglomerate (0267.HK) with real estate and financial services subsidiaries. Comparable as a diversified Chinese SOE operating across regulated and market-driven verticals.

Direct peers

• Reed Exhibitions (RX): Global B2B exhibition and events organizer (subsidiary of RELX). Comparable as a pure-play global exhibition organizer, providing benchmark on event-driven revenue model and venue partnership economics.
• Messe Frankfurt: Global exhibition organizer and venue operator. Comparable as a counterpart in international trade fair organizing, providing benchmark for how exhibition businesses scale internationally.
• Beijing Capital Land: Beijing municipal SOE real estate developer (2868.HK) with comparable mix of residential, commercial, and integrated property projects. Closest match on municipal-SOE + Beijing-centric real estate exposure.
• Yuexiu Property: Guangzhou municipal SOE real estate developer (0123.HK) operating across residential, commercial, and TOD projects. Comparable tier of municipal-SOE real estate operator with diversified geographic footprint.

Regional players

• China World Trade Center: Beijing-based commercial complex operator with integrated exhibition, hotel, and office real estate. Comparable as a Beijing-located premium mixed-use venue operator with adjacent service capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Beichen Shiye Jituan