Beijing Heyuyuan Hotan Yubao Jade Co., Ltd. (referred to as Beijing Heyuyuan) is affiliated to Xinjiang New Territories Group Co., Ltd. (referred to as New Territories Group). Comrade Deng Ping, chairman and general manager of the company.

Comrade Deng Ping is the chairman and legal representative of Xinjiang New Territories Group Co., Ltd.; he is the general manager of Beijing Heyuyuan Hotan Yubao Jade Co., Ltd., and also holds important government and social positions.

New Territories Group has assets of more than one billion yuan and is strong. It has nine subsidiaries across the country and is one of the top ten private enterprise groups in Xinjiang. The group's operations involve mineral resources, housing and real estate, wind energy generation, water conservancy construction, road engineering, landscaping, environmental development and other important industries.

In 2005, inspired by the spirit of “going out and bringing in” advocated by the Party Committee of the Autonomous Region, New Territories Group Chairman Comrade Deng Ping proposed: “Inherit the Hetian jade culture, develop the Hetian jade cultural industry, and go out of Xinjiang , based in Beijing, facing the whole country” development strategy.

In October 2005, Beijing Heyuyuan Hetian Jade and Jade Co., Ltd. was formally established with the legal registration approval of the State Administration for Industry and Commerce and the State Trademark Administration. Beijing Heyuyuan is the only professional scientific research enterprise in the country that integrates Hetian jade mining, research and development, design, processing and chain sales.