Beijing IP, a member of the Group, and Beijing Architectural Design & Research Institute Co., LTD (“Beijing Architectural Design & Research Institute”) reached an cooperation agreement on intellectual property rights recently.

As a professional service provider, Beijing IP will assist Beijing Architectural Design & Research Institute in running the patent licensing system and testing the rapid “one-to-many” patent licensing method. This cooperation is designed to revitalize patent value and facilitate achievement transformation, so as to better promote the upgrading and transformation, innovation and development of Beijing Architectural Design & Research Institute.

Beijing Architectural Design & Research Institute will license 17 invention patents this time, covering construction, design, seismic resistance, modeling and other architectural fields. The license terms are all more than 2 years, and the payment takes the form of an initial fee plus sales commission.

In addition, Beijing IP will help Beijing Architectural Design & Research Institute improve its innovation capability with its professional services, such as IP consulting, classification and evaluation of sci-tech achievements, transfer and transformation of achievements, technology navigation for the construction industry, and IP operation and management.