It is an investing company owned by COSCO Hong Kong.
Managing three subsidiaries: COSCO (Beijing) Enterprises Co., Ltd., COSCO Happiness (Beijing) Mansion Ltd., and Beijing Ocean Hotel Co., Ltd.
Its business scope covers: property management, renting, sale and repairing cars, letting of office space, hotel management, etc.
It also functions as the Beijing representative office of COSCO Hong Kong responsible for managing and coordinating subsidiaries of COSCO Hong Kong in the Beijing, Tianjin and Hebei region.