Chinese High-end Space Operator Bee+ Completes its Series B Financing

SHENZHEN,China,Aug. 23,2019 -- Recently,Chinese high-end space operator Bee+ completed the Series B financing. Theconsecutive amount of financing exceeds RMB 200 million. The investors included Ocean Link andZhuhai Da Heng Qin Co. Ltd. In the past 3 years,Bee+ has been highly recognized by the capital market,and the latest company valuation has approached RMB 1 billion. Furthermore,Bee+ hasreceived the Bank of China's strategic credit support.

Chinese High-end Space Operator Bee+ Completes its Series B Financing

Bee+ was founded in September 2015.At present,Bee+ has three major business segments,namely the Bee+ Coworking Space:to provide enterprise clients with exquisite co-working space products of overthrowing spirit; Innovative consumption scene Bee+ Lifestyle: to provide individual clients with innovative retailand consumption scenes towardsthe future; Bee+Enterprise Customizationservice: to provide innovative enterprises with personalized one-stop customized services such as site selection,design,construction,office maintenance and operation. It is worth mentioning thatBee+ is one of theveryfew brands in the industry that has the ability to design and build the space.

Bee+ Designed Office Space

After more than three years of development,Bee+ has business coverage in Zhuhai,Guangzhou,Shenzhen and Shanghai. It has become a well-known space operator brand in China.

In the past 3years,the average annual growth rate of Bee+ has exceeded 1000%. The company's revenueis expected to be 1 billion yuan in 2020. In particular,Bee+ Enterprise Customization segment has maintained high-speed growth and has become a strong driving force for the company's rapid growth. With Bee+'s strong design capabilities and supply chain resources,it provides enterprises with a one-stop solution for different office requirements. After this round of financing,Bee+ will accelerate the expansion of its business in the Greater Bay Area of the Pearl River Delta,and further expand to Beijing and Shanghaimarkets.

Bee+ Founder & CEO - Rob JIA

Rob Jia,Bee+ founder and CEO,said,"People have 24 hours in a day,8 hours for work and 8 hours for leisure. Over the past few years,we've been thinking about redefining the ways in which people work and live." Bee+'s vision is to become a world-class enterprise that can lead and change people's future lifestyle.In the future,Bee+ will design,build and operate different kinds of space products for people of all ages and environments.

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