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TusHoldings, China’s first 100B yuan scientific service enterprise

2016-06-27

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Tus-Holdings' asset value has surpassed 100 billion yuan after 22 years. The company has become the first science and technology service enterprise of its size in China.

In 1988, the State Council approved establishment of China's first high-tech development zone - Beijing new technology industrial development pilot zone (the predecessor of Zhongguancun). In August 1994, Tus-Holdings' predecessor Tsinghua science park development center was established to boost innovation and support entrepreneurship.

Tus-Holdings successfully finished a 770,000-square-meter science and technology park in Beijing in 2006 when the country deployed and implemented the medium and long term science and technology development plan for 2006-2020. The company also established the first innovation service center in a university science park and took the first steps in developing an innovation system with Chinese characteristics. 

With support from Tsinghua University and governments at all levels, Tus-Holdings has not only built Tsinghua University Science Park into a first national A-grade university science park but also integrated environmental protection, new energy, health, digital information and other high-tech sunrise industries. The company has set up more than 130 innovation bases in China and abroad, and has become the owner of the world's largest scientific and technological innovation service network.

Science park, industry and finance rolled into one

Tus-Holdings has formulated an investment strategy to scientifically innovate a "whole industry chain". Tus-Holdings is evolving from a service provider in science and technology park planning and construction and operation management into a leading technology service group with comprehensive business capacities. The company has formed a new pattern where science parks, industry and finance are rolled into one, and coordinated while maintaining independence from one another. An innovation network sharing knowledge, information, talents, and capital has been formed.

Science park, build a global innovation network

Tus-Holdings has built incubators, science and technology parks and cities that serve innovative start-up business in more than 50 cities and regions across the country, including Beijing, Shanghai, Guangzhou and Shenzhen. International innovation service facilities have been built in the United States, Hong Kong, South Korea, Russia and Israel. To date, the company has built 134 innovation service bases, including 73 incubators, 30 science and technology parks, 24 science and technology cities, and seven facilities abroad. 

Tus-Holdings enjoys the biggest innovation incubation service networks in China. Its predecessor was founded in 1999. It was one of China’s first national incubators recognized by the Ministry of Science and Technology, with an area of 200,000 square meters, accounting for five percent of the national total. It had the biggest offline network and built the first China-US cross-border incubator, mainland-Taiwan incubator and Hong Kong's largest incubator. In 2015, Tus-Holdings’ incubators in Beijing, Weifang and Nanjing were named national group innovation spaces.

The company has the world’s biggest science park network. It has built 5-million-square-meter science parks, with 15 million square meters under construction. By the end of 2015, 3,000 scientific enterprises had settled in. TusPark (Tsinghua University Science Park) is the biggest single university science park worldwide. It enjoys the biggest density of transnational corporations’ R&D headquarters, science-and-technology enterprise headquarters and innovative start-up businesses.

Scientific industry, build a cooperative and win-win industrial system

Tus-Holdings has adapted to global industrial development and built supporting platforms for various industries. It has developed environmentally-friendly new energy and health and digital information as core scientific industries through investment, M&As and incubation, and education and training. Supporting platforms have been built for the development of environmental protection, new energy, health and digital information industries. 

Scientific finance—Perfect investment and financing system offers financial service for the whole industry chain

Tus-Holdings has focused on the financial service needs of science parks and enterprises. It has made multilayered deployments in venture capital funds, PE funds, buyout funds, mezzanine funds and strategic emerging industry funds. 

The company has explored the fields of financial innovation and services. It offers comprehensive financial services through the full life circle of enterprises from establishment, to the start-up period, and to the period of maturation and beyond. Technology transfer, loans, finance leasing, and loan guarantee services have been offered especially to middle and small-sized start-up enterprises. It offers equity and mezzanine investment, supply chain factoring and industry merger and acquisition services to small and medium-sized scientific and technical enterprises. Merger and acquisition funds, equity funds, and capital market services are offered to large and medium-size enterprises. It offers large-scale industry development funds to raise the efficiency of government fund allocation and maximizes regional economic development and transformation and upgrading of the traditional economy. 

Tus-Holdings is committed to becoming a leader and model in science and technology service. It has focused on meeting science and technology innovation needs and upgrading industrial innovation capacity over the past 20 years. It has continued to make innovations on science and technology service models, extend service chains, and push for professional, network, scale and international development of science and technology.

The company’s managed assets have witnessed rapid expansion and their range continues to widen. Tus-Holdings has enjoyed an increasing capacity to serve the national innovation strategy and social and public needs. It can now serve the entire scientific chain.

Tus-Holdings is undoubtedly a leader at this nascent stage of China’s science and technology service industry. 


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