Beijing North Star Company Limited (“BNS” or the “Company”) was established by its sole promoter, Beijing North Star Industrial ("BNS Group Company"), in Beijing, the People’s Republic of China (“PRC”) on 2 April 1997. Its registered capital is RMB1,867,020,000 divided into 1,867,020,000 shares of RMB1.00 each, of which ,160,000,000 shares (62.131%) are domestic shares held by BNS Group Company and 707,020,000 shares (37.869%) are H shares. The H shares were issued by BNS in May 1997 and since then, have been listed on The Stock Exchange of Hong Kong Limited. In July 1998, BNS was converted into a sino-foreign joint stock limited company upon approval by the relevant PRC government authority.

BNS is mainly engaged in property investment and development and the related commercial operations. Property investment consists of leasing, operating and managing of various properties in the financial and commercial area of the Asian Games Village. Investment properties of BNS include Crowne Plaza Park View Wuzhou Beijing,Beijing Continental Grand Hotel, International Convention Centre, Hui Yuan Apartment, Hui Yuan International Apartment, Hui Bin Offices and Hui Xin Offices. As for property development, it consists of the development and sales of houses, apartments, villas and offices for different market segments with different features. The major development properties of BNS include Green Garden, Jiang Zhuang Hu Villas, Changdao Lanqiao, Hui Xin Apartment, Hui Xin Offices and Kerrie Plaza. The ancillary properties operations include the operation of Bei Chen Shopping Centre. However, it will soon expand to the development planning of the shopping arcade in the central area of the Asia Games Village and the operation of the shopping centre in Bei Chen Building.