Established in January 2005, Beijing Enterprises Group Company Limited (hereinafter referred to as "BG") is a state-ownedgroup companyfunded by People's Government of Beijing Municipality, directly under the administration of the State-owned Assets Supervision and Administration Commission of People’s Government of Beijing Municipality. BG operates in both domestic and overseas markets,with a business scope covering both real economy and capital market. Among the listed companies owned by BG,BeijingEnterprises Holdings Limited, Beijing Enterprises Water Group Limited, Beijing Enterprises Environment Group Limited, Beijing Properties (Holdings) Limited, China Gas Holdings Limited,Beijing Gas