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BSAM and Beijing Economic and Technological Investment Development Corporation Signed a Strategic Cooperation Agreement
2017-05-23

On the morning of May 23, a delegation, headed by Yue Peng (Secretary of the CPC BSAM Committee and Chairman of BSAM) and Zhi Jun (Deputy Secretary of the CPC BSAM Committee and President of BSAM), visited Yizhuang Development Zone and held the talks with the leaders of Beijing Economic and Technological Investment Development Corporation. Both parties signed a strategic cooperation agreement on joint development of Nanhaizi Park Sports Recreation Area Project and future cooperation in sports, public utilities and other related fields.

Bai Wen (Secretary of the CPC Beijing Economic and Technological Investment Development Corporation Committee and General Manager) spoke highly of cultural and sports development achievements made by BSAM over the years, and praised for high brand awareness and influence of BSAM and its affiliates in these fields. Beijing Economic and Technological Investment Development Corporation is willing to launch comprehensive and in-depth cooperation with BSAM under the principle of complementary advantage and common development. At the same time, Bai Wen also expressed thanks for BSAM’s efforts for promoting this strategic cooperation.

BSAM has a wealth of experience in investment, financing, content innovation, venue operation and other aspects of cultural and sports industries, while Beijing Economic and Technological Investment Development Corporation has resource advantages for industrial transformation and upgrading, stock land development and other aspects. Both parties are willing to give full play to their respective advantages, tap into the huge development room of cultural and sports industries in southern Beijing, and work together to build Guoyuan Company into cultural and sports resource integrator in Daxing District, innovation platform for city-wide cultural and sports industries and investment flagship with radiation impacts on Beijing-Tianjin-Hebei sports industry.

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