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Zhongguancun Science Park—China’s Silicon Valley

The Baron Group is proud and delighted to announce a unique high-tech investment partnership with the People’s Republic of China. Baron International Asset Management Limited has entered into a special relationship with Beijing Strong High-Tech Development Corporation (BSHTDC), which is mandated to manage, develop, and incubate high-growth companies operating within Zhongguancun Science Park (ZSC). The ZSC, established in 1998 and located in the Haidian District of Northwest Beijing, is the centerpiece of “China’s Silicon Valley.” It encompasses 200 square kilometers and is home to approximately 20,000 companies that have generated trillions of dollars in revenue. The ZSC hosts several of the world’s largest technology companies, primarily in the fields of information technology, life sciences, and alternative and renewable energy. These include IBM, Motorola, Microsoft, Lucent, Hewlett-Packard, Epson, Budai, Lenovo Group and Digital China. The Park is also the destination of choice for young technology companies in China, where they can benefit from financial incentives and preferential tax treatment from by the Chinese government. Thirty-nine prominent universities and colleges, including Tsinghua University and Beijing University are also located within the Park. The Baron Group is one of the first foreign enterprises to ever successfully establish a proprietary relationship with an investment arm of the Chinese government in this financial sector. As a result, the Baron Group has unparalleled access to the most promising technology companies in China. BSHTDC, a state-owned but independent arm of the Beijing People’s Government, was established in March 1992. It is the platform by which the Chinese Government ensures the transparent and efficient development of companies operating within the Park. The ZSC has applied the latest computer and Internet technology to build a common administrative platform that connects all government departments. Known as the E-Line Reporting System and operating on Intel architecture, all financial information, statistics, and tax clearance monthly reports originating from companies operating within the Park are received into a central database. BSHTDC will work together with Baron to identify and assess for investment those companies with the greatest potential for growth and profitability. In addition, it will work closely with BSHTDC to ensure due diligence, accountability and strong corporate governance.