Genetron Health Attended an Investor Meeting in Zhuangguancun Science Park

Release time:2013-11-27

Genetron Health Attended an Investor Meeting in Zhuangguancun Science Park

Nov 27, 2013, Beijing Professor Hai Yan, the President and Chief Scientific Officer of Genetron Health (Beijing) Co., Ltd., presented in a company promotional event of Zhongguancun Science Park. This event was held in Huilongsen Incubator of Returned Overseas Scholars. It was sponsored by the Incubator Service of Zhongguancun National Innovation Demonstration Zone and co-organized by Huilongsen Incubator of Returned Overseas Scholars along with Zhongguancun Association of Returned Scholars Venture Park.

Professor Hai Yan conveyed Genetron Health's corporate philosophy and introduced the founding members as well as short-term goals of the company to the guests. Professor Yan also demonstrated the advantages of high-throughput genomic testing over conventional methods. Professor Yan then used leukemia as an example to explain how subtypes of the disease were identified through genotyping and then improved patient survival using personalized medicine. The guests developed great interests in the presentation and many discussions were carried out afterwards.

Zhongguancun Science Park

Zhongguancun Science Park is the first state-approved innovation demonstration zone in China and has the highest density of scientific and educational talents with the greatest number of startup companies by overseas returnees in the country. It hosts 41 colleges and universities such as Peking University and Tsinghua University; 206 national (municipal) scientific institutions such as Chinese Academy of Science and Chinese Academy of Engineering; and 67 state-level laboratories, 27 national engineering research centers, 28 national engineering and technological research centers, 29 university science parks, and 34 overseas returnee incubators. Zhongguancun was the first to be declared by the Central Personnel Work Coordination Group as “the innovation and entrepreneurial base for overseas talents”. More than 20,000 returnees have gathered in Zhongguancun and founded over 6,000 enterprises.

In 2013 Zhongguancun generated a total income of CNY 3 trillion, year-on-year increase of more than 20%. The net worth of new and high-tech companies had a growth of over CNY 410 billion, which accounted for more than 20% of Beijing’s GDP. Companies in Zhongguancun paid CNY 151 billion tax with a total net profit of CNY 227 billion, year-on-year growth of 26.6%. Exports exceeded USD 34 billion, accounted for approximately 40% of total exports from Beijing, with a year-on-year increase of 28.5%.

Huilongsen International Enterprise Incubator (Beijing) Co., Ltd.

Huilongsen International Enterprise Incubator (Beijing) Co., Ltd is located in the Beijing Economic and Technological Development Area (BDA). It specializes in the development and management of science parks, service and investment of high-technology companies. Currently, 3 science parks have been completed with a total area of 300,000 m2. The parks are a few of the high quality and large-scale science parks in BDA; they provide modern facilities aiming to provide state-of-the-art office and research space for different industries.

Huilongsen is recognized by the Chinese Ministry of Science and Technology as a state-level incubator for high tech companies and is a model for “seed-incubator-accelerator” company growth chain. Huilongsen is also recognized by the Beijing Municipal Science and Technology Commission as the strategic incubator for emerging industries. Moreover, it is recognized by the Human Resource and Social Security Department of Beijing as a pioneering center for returned oversea scholars.

Huilongsen has invested and developed professional service platforms for many industries such as biotechnology, pharmaceutical, innovative medical devices, novel materials, information technology, business service and investment service. The goal is to provide an effective environment to enterprises in order to lower costs and risks and at the same time accelerate growth.

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