Beijing MTR Corporation (BJMTR) is the first foreign invested cooperation company in urban railway transportation sector in mainland China. BJMTR was established in January 16, 2006. It is jointly invested by Beijing Infrastructure Investment Co. Ltd (BIIC, 2%), Beijing Capital Group (BCG, 49%) and MTR Corporation (MTR, 49%) It is operating Beijing Metro Line 4, Daxing Line, Line 14 and Line 16. In accordance with Concession Agreement of Beijing Metro Line 4 Project, Concession Agreement of Beijing Metro Line 14 Project and Concession Agreement of Beijing Metro Line 16 Project signed with Beijing Municipal Government, BJMTR participates in the investment, construction and operation of BJL4, BJL14 and BJL16 in PPP mode. The concession period is 30 years.