Innostar Hi-tech Enterprises, Ltd. (Innostar) is a state-owned corporation which was set up in 1994 as a joint venture between two well established major corporations of China: Technological Innovation Corporation of China attached to China Academy of Engineering ( formerly to the State Science and Technology Commission) and Beijing Northstar Industrial Group of the Municipal Government of Beijing. Innostar's registration capital is 100 million RMB. While Innostar's primary goal is to develop and manage the first hi-tech city in China, it is also committed to the exchange and development of international hi-tech industry.

  Innostar has a wide scope of business, covering information technology, real estate, property management, trade and commerce, representing international famous brands as well as the establishment and management of Innostar Culture Fund of China Charity Foundation, etc.