Industrial structure of Beijing Capital Venture Group Co., Ltd.

The Capital Group is a large state-owned group company affiliated to Beijing, mainly engaged in public utilities and infrastructure construction. The company's three core businesses are infrastructure, real estate and investment banking M&A business. It has a leading market position and high brand awareness in the field of water and real estate in China. Capital Co., Ltd. under the Group is the largest water enterprise in China, and its capital property has been rated as one of the top ten brands in the real estate industry in China for many times. It is a well-known real estate developer of middle and high-grade properties and low-density houses in China. In addition, the Capital Group also invested in infrastructure construction such as Beijing Metro Line 4, Metro Line 5 and urban rail transit. According to rough statistics, since the establishment of 13, the Capital Group has invested more than 50 billion yuan in infrastructure and economic and social development in Beijing and Tianjin. By the end of 2007, the Capital Group had total assets of 75 billion yuan and net assets of 654.38+05.7 billion yuan. After years of industrial accumulation and improvement of professional management level, the core business of the Capital Group has shown a good development momentum. In 2007, the sales revenue was11.70 billion yuan, the total profit was 2.71.80 billion yuan, and the after-tax profit was1.80 billion yuan. Comprehensive strength ranks among the top enterprises in Beijing, and ranks among the top 500 Chinese enterprises for many years. The water industry is one of the core industries of the Capital Group. Its development reflects the arduous pioneering process of the core industries of the Capital Group from scratch.

From 65438 to 0995, when the Capital Group was founded, it was very difficult to operate. It can be said that there is no working capital, no profitable products and no core industries. However, in the face of difficulties and challenges, the Capital Group seized the historical opportunity of the market-oriented reform of urban infrastructure and public utilities, made full use of the important investment and financing platform of Capital Co., Ltd., and began to March into the water industry. After eight years' unremitting efforts, Capital Co., Ltd. has always adhered to the development of aquaculture as the core, been brave in innovation, and explored new modes of water development, based in Beijing and facing the whole country. Starting from the investment layout, we will explore the market and scale it through investment, mergers and acquisitions, and accelerate the establishment of the company's actual control and market share in the domestic water market. We have established wholly-owned and joint venture water plants in more than 20 cities across the country, including Anhui, Shandong, Jiangsu and Zhejiang. The total investment of holding and shareholding water projects reached more than 7 billion yuan, and the water treatment capacity of holding enterprises was 8.8 million tons/day, serving a total population of more than 65,438+. At the same time, Capital Co., Ltd. strives to realize the transformation from a water investment company to a management company, strengthen its management ability, extend the value chain of the company's water industry, further integrate the management system, improve management efficiency, expand its strength on the basis of continuous expansion of production capacity, and realize the rapid growth of business income and profits. The company's operating income increased rapidly from 65.438+0.6 billion yuan when it was listed in 2000 to 654.38+ in 2007. Realized a total profit of 676 million yuan, a year-on-year increase of 24.7%; The net profit was 665,438+0.9 million yuan, up 65,438+0.6, 1% year-on-year. On this basis, Capital Co., Ltd. has also carried out all-round and in-depth cooperation with the Hunan provincial government in the fields of river basin management, sewage treatment facilities construction and environmental protection, and invested in 103 sewage treatment projects in Xiangjiang River Basin of Hunan Province as a whole. This marks a major innovation in the strategic investment model of Capital Co., Ltd. and opens up a broader space for rapidly expanding the scale of the capital water industry market. The water treatment scale and market share rank first in China, and it has been selected as one of the "Top Ten Influential Enterprises in China Water Industry" by professional media for five consecutive years, and has become a recognized national leading enterprise and industry leader in the water industry.

The Capital Group also actively participated in related projects of Beijing 2008 Olympic Games, and made important contributions to "New Beijing, Great Olympics". Capital Water Company, a subsidiary of Capital Co., Ltd., actively invested and expanded its production through cooperation with Drainage Group, and its sewage treatment capacity increased rapidly from 6,543,800+2,000 tons/day to 2,654,380+0,000 tons/day, accounting for more than 80% of the sewage treatment market in Beijing. In addition, the company also signed the Olympic supporting project of Beijing Dongba Sewage Treatment Plant, which met the requirements of hosting the Olympic Games and increasing the sewage treatment rate in Beijing to over 90%, and realized its own development. At the same time, through increasing investment and marketing planning, the brand image of the company's Olympic blue-chip water has been created in the market. Infrastructure industry is the key investment field of the Group, mainly including the investment, development, operation and management of rail transit, urban green belts, highway facilities and other operational infrastructure projects. The Group has invested more than 6 billion yuan to build infrastructure projects such as Jingshi, Beijing-Tianjin Expressway, Jingtong Expressway, Metro Line 4, Metro Line 5, Light Rail 13 Line, Green Belt and First Company. Among them, the Beijing-Tianjin Expressway (Tianjin Section) and Metro Line 4 have become the core parts of the Capital Group's infrastructure sector.

The investment and construction of Beijing-Tianjin Expressway (Tianjin Section) is an important step for the Capital Group to focus on the overall development strategy of the enterprise and fully carry out infrastructure investment and construction.

In 2004, the Capital Group, Tianjin Expressway Investment and Development Company and Tianjin Beijing-Tianjin Expressway Co., Ltd. jointly invested in the construction of the Tianjin section of the Beijing-Tianjin Expressway, and assumed the charge operation management after the above sections were completed and opened to traffic. The Beijing-Tianjin Expressway was officially opened to traffic on July 16. The Capital Group holds 60% of the shares of the expressway, and the total investment scale of the project exceeds10 billion. It is one of the few operating expressways with the highest design standards, the highest construction quality and the largest traffic capacity in Tianjin and even North China. According to the preliminary forecast, the daily average traffic volume of the main roads of Beijing-Tianjin Expressway will reach more than 50,000 vehicles, and it will reach more than 6,543,800+2,000 vehicles at peak hours, which has obvious economic and social benefits. Its completion and opening to traffic has greatly eased the traffic tension between Beijing and Tianjin, marked the closer economic ties between Beijing and Tianjin and even North China, formed a convenient and developed transportation network, greatly shortened the distance between cities, accelerated the logistics and passenger flow, and made the cost advantage of functional cooperation among economic regions more prominent, which will have a positive impact on promoting economic development along the route, strengthening economic ties between the two places and promoting the development and construction of Tianjin Binhai New Area.

As one of the key traffic roads of Beijing Olympic Games, Beijing-Tianjin Expressway played an important role in traffic security during the just-concluded Beijing Olympic Games. The special OBV of dozens of major European TV stations arrived at the Beijing Olympic Games from Tianjin Port through the Beijing-Tianjin Expressway. During the Olympic Games, dozens of BOCOG cars, athletes' cars and various service guarantee cars shuttle between Beijing and Tianjin venues through the Beijing-Tianjin Expressway every day. The safety, convenience and quality service of the Beijing-Tianjin Expressway have left a deep impression on the officials of the Olympic Organizing Committee and athletes from all over the world.

Another investment direction of the Capital Group in the field of infrastructure is the investment, construction and operation management of rail transit. Among them, Beijing Metro Line 4 is the first subway project developed and operated by PPP mode in China, which is jointly invested and constructed by the Capital Group and Hong Kong Metro Company Limited. In this mode, Beijing Infrastructure Investment Co., Ltd. takes Beijing Metro Line 4 Investment Co., Ltd. as the government investor, and is mainly responsible for the investment and construction of the subway line 4 tunnel and track (referred to as "Part A"), with a total investment of about 654.38+007 billion yuan; On this basis, Beijing Jinggang Metro Co., Ltd., a joint venture between the Capital Group and the Hong Kong Metro Company, is responsible for the investment and construction of Beijing Metro Line 4 except Part A, mainly including vehicles, signals, control systems and other equipment parts (referred to as "Part B"). The total investment of Part B is about 4.6 billion yuan. After the project is completed, Beijing Jinggang Metro Co., Ltd. will be awarded the "franchise company" of Beijing Metro Line 4. MTR and Capital Capital Holdings respectively hold 49% equity, and Beijing Infrastructure Investment Co., Ltd. holds 2% equity. The project starts from Majiapu West Road, north of the South Fourth Ring Road, and ends at Beilong Village Station, with a total length of 28.65 kilometers and 24 stations. The estimated investment of the project is about 654.38+05.385 billion yuan. Line 4 started in February 2003 and is scheduled to be put into operation on September 28, 2009.

PPP mode of Beijing Metro Line 4 project is an important innovation in the field of infrastructure investment and financing in Beijing. It is the first subway project in China to use foreign capital and introduce social funds, and it has also become another major innovation in domestic public utilities reform. Urban real estate is another core industry carefully built by the Capital Group, which constitutes an important support for the Group's operating income and total profit. During the rapid development of 13 years, the Capital Property under the Capital Group pioneered the real estate industry in China. As the first real estate company in China to buy a shell and go public, the first mainland real estate company to go public in Hong Kong against the market during SARS, and the first real estate company to introduce overseas strategic investment shareholders, whether it cooperated with Changjiang Group in the early stage to acquire Guangxi Huwei, or successfully went public in Hong Kong in the middle stage, introduced international strategic investment shareholder gic, and the keen and steady territorial expansion of ten central cities in China's three core economic circles in the third stage, all showed the capitalist's innovation, internationalization and strategic decision-making power. With total assets of over 65.438+0.98 billion, the sales area of the house is 798,000 square meters, and the annual sales exceeds 9 billion. It is a leading real estate enterprise in China.

As the flagship real estate enterprise of the Capital Group, Capital Land strives for all-round breakthrough. In terms of management, Capital Land always emphasizes the standardized, transparent and open management thought, and under the guidance of this thought, it has established a strategic position different from other large real estate enterprises, namely, the most valuable integrated real estate operator in China. In terms of capital, capital land has a unique competitive advantage, which is reflected in several important aspects such as capital backing, capital platform, capital network and capital means. In the aspect of internationalization, Capital Land has long regarded international development as the core strategic direction of the enterprise, and thus formed the remarkable brand characteristics of Capital Land. In terms of industrial regional layout, Capital Real Estate, with its keen strategic judgment and decision-making power, went out of Beijing in the critical period of China's real estate boom, launched nationwide expansion, and formulated a clear 3(X+Y) expansion strategy. With the Yangtze River Delta, Bohai Rim and Central South as the core expansion areas, it purchased high-quality land reserves in ten central cities in a relatively short period of time, reaching 6,543,800 square meters. In terms of product strategy, Capital Land has formed a unique composite brand strategy, making every effort to build three product lines, namely, international high-grade community, diversified composite community and low-density humanistic community, and replicating them on a large scale and in a standardized way throughout the country. In terms of customer service system, Capital Land has a complete customer service system, management modules and branches, which has achieved internationalization and standardization of customer service management horizontally and vertically. In terms of social welfare, Capital Land takes public interest and social responsibility as its long-term important mission. While developing steadily, promoting diversified social responsibilities has been widely praised by the government, society and the public.

Capital Property has been actively participating in Beijing's investment and construction, contributing its wisdom and strength to Beijing's prosperity. Most of the land reserve of Capital Land is located in the prime location of Beijing, so it has made important contributions to the regional construction including CBD, Zhongguancun, Asian Olympic Games and Financial Street for many years. With high-quality products and services, it not only greatly improved the living environment in these areas, promoted the development of regional economy, but also played an irreplaceable role in promoting the internationalization of Beijing. Moreover, Capital Land has carefully adjusted its product structure, planned a diversified and balanced property portfolio, followed the product model of "residence+commercial property+office building+hotel = risk resistance+sustainable development", and adhered to the development principle of "sustainable growth", which has made outstanding contributions to the stability, prosperity and sustainable development of Beijing's real estate market. In terms of social responsibility, Capital Land has always supported the harmonious development of Beijing. For example, in order to ensure Beijing's environmental progress, the Alashan Environmental Protection Foundation was initiated to integrate the concept of ecological prosperity into real estate development, into every detail such as architecture, design, planning, engineering and greening, and consciously assume the responsibility of large enterprises for the ecological environment. In order to fully support the Beijing 2008 Olympic Games, Capital Land sponsored the Beijing Women's Table Tennis Team to help the Beijing Olympic Games in all directions. Moreover, with top hotel service, international architectural trend and leading service concept, Capital Land strives to publicize the Olympic spirit and promote the Olympic public welfare.

In order to adapt to the increasingly fierce market competition, Capital Land has continuously deepened the industry development concept of comprehensive real estate operation, carefully planned and launched the enterprise planning goal of "lean operation-a new way of international survival", carried out more comprehensive and in-depth implementation and innovation in the development concept, continuously strengthened the mainstream position of international development of the industry, and vigorously launched the expansion measures of "opening five cities into the first international city" with a brand-new strategic operation mode, so as to advance towards the strategic goal of China's most valuable comprehensive real estate operator. The Capital Group's involvement in the financial industry is an important choice to adhere to the development strategy of "industry-based, investment-oriented". When the Capital Group was founded, there was an extreme shortage of funds. At the same time, as an enterprise authorized to operate state-owned assets, the group should also undertake the function of government investment. How to raise funds on a large scale has become an important direction for the development of the Capital Group, and the traditional bank loan method is only one of the financing methods, which cannot be used as the capital of the project, so we must find new financing methods. Therefore, after careful consideration and full discussion, the Group put forward the corporate strategy of "investment banking as the guide, industry as the foundation, two wheels promoting each other and developing together", which accelerated the pace of the Capital Group's development of financial industry and investment banking business.

First of all, after the Capital Group successfully acquired Guangdong Foshan Securities Company on 1998 and transformed into the first venture securities company, it has become one of the innovative securities in China after nearly 10 years of efforts. Subsequently, the Capital Group established the Capital Securities Company.

In 2002, it took the initiative to enter the life insurance industry and established a joint venture insurance company with ING International Group, the largest financial group in the world. In 2008, it won the sixth place in joint venture insurance companies (24 Chinese-foreign joint venture insurance companies) and began to enter the first phalanx of joint venture insurance companies. At the same time, the Capital Group successfully acquired listed companies such as Guangxi Huwei, Ningbo Zhong Bai (pioneered by Polytechnic University) and Qianfeng with 1996.

The Capital Stock 200 1 was successfully listed on the Shanghai Stock Exchange, with a financing scale of 2.67 billion. Subsequently, Capital Land became a member of the H-share company in Hong Kong in 2003. Funds raised11.400 million. The above-mentioned series of large-scale operations in the financial field have enabled the Capital Group to grow from scratch and laid the foundation for the financial industry. By the end of 2007, the disposable financial assets of the Capital Group enterprises exceeded 654.38+0 billion yuan, and the total profit of the financial industry in 2007 reached 654.38+0.4 billion yuan. Among them, the operating income of the Capital Securities Company under the Capital Group was 890 million yuan, a year-on-year increase of 229.7%; Realized a total profit of 650 million yuan, a year-on-year increase of 223%; The net profit was 420 million yuan, a year-on-year increase of 188%. The first venture securities company under the Capital Group achieved an operating income of 65.438+33 billion yuan, a year-on-year increase of 654.38+0.96%; The total profit was 86,543.80 billion yuan, a year-on-year increase of 465,438+09%; The net profit was 660 million yuan, a year-on-year increase of 565,438+06%. At the same time, the first venture also completed the transaction volume of spot bonds in the inter-bank bond market of 654.38+043.8 billion yuan, ranking among the top four brokers in China for three consecutive years. In addition, the Capital Guarantee Company under the Capital Group achieved an operating income of 85.76 million yuan in 2007, a year-on-year increase of 29%; The total profit was 66.4 million yuan, a year-on-year increase of 218%; The net profit was 59.26 million yuan, a year-on-year increase of 245%. It has created the best performance in the history of guarantee scale and operating income since the company was established nine years ago. The financial services industry of the Capital Group will emerge on the stage of Beijing's economic construction.

Facing the severe challenges and fierce market competition in the new century and new stage, the Capital Group is carefully planning and building its own future according to the strategic deployment of SASAC, clearly positioning itself as a "city construction and operation service provider", concentrating its efforts on improving and strengthening the three core businesses of infrastructure, real estate and financial services, especially the water industry, and striving to build the national water flagship. On this basis, the capital will actively promote the three competitive strategies of internationalization, management innovation and structural adjustment, accelerate the introduction of international strategic investors, and carry out comprehensive and systematic cooperation with multinational companies. Accelerate the establishment of a standardized modern corporate governance structure, fully learn from the management concepts and methods of multinational companies, and gradually establish a talent flow mechanism and an incentive and restraint mechanism that are in line with international standards. At the same time, in accordance with the requirements of shrinking the front line, optimizing the structure and enhancing the value, we will fully promote the adjustment of industrial structure, capital structure and debt structure, and optimize the withdrawal of assets that do not meet the strategic development direction of the Group. Reform and standardize the functions of companies at all levels, comprehensively improve the management level and cost control ability, strengthen the construction of group management and control system, strive to improve the executive power of companies at all levels in implementing group strategy, cultivate a group of high-quality talents with international strategic vision and professional knowledge, actively explore domestic and foreign resources and markets, participate in international market competition, realize the rapid growth of enterprise economic aggregate and scale benefits, and become a large-scale industrial investment holding company with strong international competitiveness.