Chen Group was founded in 1990, which originated from the service center of the athletes' village of the 1 1 Asian Games. As a large state-owned company, it is mainly engaged in real estate development, exhibition and supporting property management.
As Beichen Group is directly managed by the State-owned Assets Supervision and Administration Commission of the State Council of China, it is both a state-owned enterprise and a central enterprise. Therefore, it can be said that Beichen Group is both a state-owned enterprise and a central enterprise.