- Business
- Beijing Urban Construction Investment & Development Co., Ltd. (600266.SS) engages primarily in real estate development and management in China, with first-class qualifications for real estate development; its core products and services encompass residential properties, apartments, villas, commercial buildings, hotels, office spaces, and cultural tourism projects, alongside property management, leasing, overseas equity investments, and commercial real estate operations. The company, founded in 1998 by Beijing Urban Construction Group Co., Ltd. and listed on the Shanghai Stock Exchange in February 1999, maintains its headquarters at Urban Construction Development Mansion, No. 11 Beitucheng West Road, Chaoyang District, Beijing, China, and operates across major cities including Beijing, Tianjin, Chongqing, Chengdu, Nanjing, Qingdao, Sanya, Huangshan, and Baoding. It employs approximately 875 people and focuses on state-owned enterprise strengths in urban renewal, transportation-oriented developments, and green building standards aligned with municipal initiatives.
Recent developments include the June 2025 announcement to acquire the remaining 10% stake in Beijing Urban Construction Xingsheng Real Estate Co., Ltd. for RMB 1.79 million, enhancing control over subsidiary operations; in November 2025, its wholly-owned subsidiary Beijing Urban Construction Xingrui Real Estate Development Co., Ltd. secured state-owned construction land use rights in Dongcheng District's Qiniandajie Road West Hazardous Renovation Project (Phase I) for RMB 2.028 billion across 22,756 square meters within Beijing's Second Ring Road. Additionally, a subsidiary consortium won a bid for a 2.395 billion yuan land plot in Beijing's Changping District, while the company reported 2025 semi-annual pre-profit results, received dividends such as RMB 51 million for 2024 from investments, and launched projects like Beijing Urban Construction·Guoyu Song with its full-scale demonstration area opening in June 2025. These moves reflect ongoing land acquisitions, project expansions, and leadership adjustments including a cadre conference and chairman transition announcements in July 2025, alongside brand recognitions such as China's Top 10 Real Estate Company by Brand Value (State-Owned) in September 2025.