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Baoneng
The Baoneng Group (legal name Baoneng Investment Group Co., Ltd.) is a Chinese property and financial services conglomerate controlled by Chinese billionaire Yao Zhenhua, China's 52nd-wealthiest person as of August 2020. History The first predecessor of Baoneng was established in 1992 when Yao Zhenhua, taking advantage of the Shopping Basket Programme, set up a vegetable supplying and selling operation in Shenzhen which became one of the largest Shenzhen providers. In 1997, the operation was incorporated as Shenzhen Xinbaokang Vegetable Industries Co., Ltd., later renamed as Shenzhen Xinbaokang Industrial Development Co., Ltd. before adopting its current name in 2000. In 2003, Baoneng took a majority stake in the state owned enterprise (SOE) Shum Yip Logistics, which led to Baoneng taking control of land and other properties, allowing it to gain an advantage on the expanding Chinese property market. In 2005, the company built Shenzhen Baoneng All City, a mix of residential and com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Qoros
Qoros Auto Co., Ltd. was a Chinese automotive manufacturing company headquartered in Shanghai, China. Its principal activity was the design, development, production and sale of passenger cars sold under the Qoros marque. It was founded as a joint venture between Chery and Israel CorporationQoros chief executive Phil Murtaugh to leave China-based carmaker Andy Sharman in London, January 6, 2016 in December 2007 under the name Chery Quantum Automotive Corporation (CQAC). The name was changed to Qoros Auto Co., Ltd. in November 2011. In December 2017 , secured a 51 percent stake in Qor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yao Zhenhua
Yao Zhenhua (born 1969/1970) is a Chinese billionaire businessman, and the chairman of Baoneng Group. Career In 1992, Yao founded Baoneng Group, which now has over 40 shopping malls in China. In February 2017, Yao was banned from China's insurance industry for ten years after a failed takeover bid for Vanke by a Baoneng company, Foresea Life Insurance. Personal life Yao lives in Shenzhen Shenzhen (; ; ; ), also historically known as Sham Chun, is a major sub-provincial city and one of the special economic zones of China. The city is located on the east bank of the Pearl River estuary on the central coast of southern province ..., China. References Living people Billionaires from Guangdong Businesspeople from Guangdong Year of birth missing (living people) {{China-bio-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Changan PSA
Changan PSA (officially Changan PSA Automobiles Co., Ltd., informally CAPSA) was an automobile company headquartered in Shenzhen, China, a 50:50 joint venture between Changan Automobile and Groupe PSA. Its principal activity was the manufacture and sale of DS Automobiles branded passenger cars for China. Changan PSA was Groupe PSA's second automobile joint venture in China, after Dongfeng Peugeot-Citroën. Centering on a newly built production base in Shenzhen, it had an annual production capacity of 200,000 vehicles. History In 2010, Changan and Groupe PSA agreed to establish a 50:50 joint venture to produce passenger cars for the Chinese market, and final approval for the project was gained in 2011. Manufacturing commenced in 2014, with China specific DS models; the DS 5LS first and then the DS 6WR. The venture got consistently poor sales, leading to production levels below capacity. It was dissolved in 2020 after both Changan and Groupe PSA agreed to transfer their respective ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Groupe PSA
The PSA Group (), legally known as Peugeot S.A. (Peugeot Société Anonyme, trading as Groupe PSA; formerly known as PSA Peugeot Citroën from 1991 to 2016) was a French multinational automotive manufacturing company which produced automobiles and motorcycles under the Peugeot, Citroën, DS, Opel and Vauxhall brands. On 18 December 2019, PSA and Fiat Chrysler Automobiles (FCA) announced that they had agreed to the terms of a binding $50 billion merger. On 16 July 2020, both companies announced the new name for their merged operations, Stellantis. The deal closed on 16 January 2021. Stellantis is now the third largest automotive manufacturing company, behind only Volkswagen and Toyota. Peugeot was the largest PSA brand. PSA was listed on the Euronext Paris stock exchange and was a constituent of the CAC 40 index. Beginning in 2016, PSA began to outline a strategy which entailed the rapid expansion of the company, through both geographic expansion and acquisitions of other car ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Changan Auto
Chang'an Automobile Co., Ltd. is a Chinese state-owned automobile manufacturer headquartered in Jiangbei, Chongqing.China rolls out own hybrid car reuters.com, Sat December 15, 2007 1:44am EST Founded in 1862, it is China’s oldest automobile maker. It is currently the smallest of the " Big Four" state-owned car manufacturers of China, namely: , , |
Guangzhou
Guangzhou (, ; ; or ; ), also known as Canton () and alternatively romanized as Kwongchow or Kwangchow, is the capital and largest city of Guangdong province in southern China. Located on the Pearl River about north-northwest of Hong Kong and north of Macau, Guangzhou has a history of over 2,200 years and was a major terminus of the maritime Silk Road; it continues to serve as a major port and transportation hub as well as being one of China's three largest cities. For a long time, the only Chinese port accessible to most foreign traders, Guangzhou was captured by the British during the First Opium War. No longer enjoying a monopoly after the war, it lost trade to other ports such as Hong Kong and Shanghai, but continued to serve as a major transshipment port. Due to a high urban population and large volumes of port traffic, Guangzhou is classified as a Large-Port Megacity, the largest type of port-city in the world. Due to worldwide travel restrictions at the beginni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Xi'an
Xi'an ( , ; ; Chinese: ), frequently spelled as Xian and also known by #Name, other names, is the list of capitals in China, capital of Shaanxi, Shaanxi Province. A Sub-provincial division#Sub-provincial municipalities, sub-provincial city on the Guanzhong, Guanzhong Plain, the city is the third most populous city in Western China, after Chongqing and Chengdu, as well as the most populous city in Northwest China. Its total population was 12,952,907 as of the 2020 census. The total urban population was 9.28 million. Since the 1980s, as part of the China Western Development, economic growth of inland China especially for the central and northwest regions, Xi'an has re-emerged as a cultural, industrial, political and educational centre of the entire central-northwest region, with many facilities for research and development. Xi'an currently holds sub-provincial city in the People's Republic of China, sub-provincial status, administering 11 districts and 2 counties. In 2020, Xi'a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hangzhou
Hangzhou ( or , ; , , Standard Mandarin pronunciation: ), also romanized as Hangchow, is the capital and most populous city of Zhejiang, China. It is located in the northwestern part of the province, sitting at the head of Hangzhou Bay, which separates Shanghai and Ningbo. Hangzhou grew to prominence as the southern terminus of the Grand Canal and has been one of China's most renowned and prosperous cities for much of the last millennium. It is a major economic and e-commerce hub within China, and the second biggest city in Yangtze Delta after Shanghai. Hangzhou is classified as a sub-provincial city and forms the core of the Hangzhou metropolitan area, the fourth-largest in China after Guangzhou-Shenzhen Pearl River agglomeration, Shanghai-Suzhou-Wuxi-Changzhou conurbation and Beijing. As of 2019, the Hangzhou metropolitan area was estimated to produce a gross metropolitan product (nominal) of 3.2 trillion yuan ($486.53 billion), making it larger than the economy of Nigeri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kunming
Kunming (; ), also known as Yunnan-Fu, is the capital and largest city of Yunnan province, China. It is the political, economic, communications and cultural centre of the province as well as the seat of the provincial government. The headquarters of many of Yunnan's large businesses are in Kunming. It was important during World War II as a Chinese military center, American air base, and transport terminus for the Burma Road. In the middle of the Yunnan–Guizhou Plateau, Kunming is at an altitude of above sea level and a latitude just north of the Tropic of Cancer. As of 2020 census, Kunming had a total population of 8,460,088 inhabitants, of whom 5,604,310 lived in its built-up (or metro) area made of all urban districts but Jinning, not conurbated yet. It is at the northern edge of Dian Lake, surrounded by temples and lake-and-limestone hill landscapes. Kunming consists of an old, previously walled city, a modern commercial district, residential zones and university areas. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Xi County, Shanxi
Xi County or Xixian () is a county in the southwest of Shanxi province, China. It is located in the northwest of the administrative area of the prefecture-level city of Linfen. The county spans an area of , and according to the 2010 Chinese Census, Xi County had a population of 103,617. Toponymy The county was named after a definition in the Erya which stated "that which is wet shall be called ''xi''" (), in reference to the county's wet period during the spring. History During the Han dynasty, the area was organized as Puzi County (). Under the Northern Wei, the northern portion of present-day Xi County was organized as part of , and the southern portion was part of Pingchang County (). In 579 CE, the Northern Zhou established Changshou County () in the area, under the jurisdiction of . In 585 CE, the area was reorganized as , which existed on and off until the area was reorganized as Xichuan County () in the mid 14th century. In 1912, the area was reorganized as Xi Count ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kunshan
Kunshan is a county-level city in southeastern Jiangsu province with Shanghai bordering its eastern border and Suzhou on its western boundary. It is under the administration of the prefecture-level city of Suzhou. Name There is a strong possibility that the name Kunshan is derived from a hill, but which one is controversial. According to an impacted version, the hill is present-day Little Kunshan (''Xiaokunshan'') in Shanghai's Songjiang District. The character (''Kun'') was the old Chinese name for the Kunlun Mountains. From it developed the Chinese idiom "a jade from Kunlun Mountains", meaning any "outstanding figure". This was applied to Lu Ji and a hill in his hometown was designated as Kun to commemorate him. History Lou county () which administered Kunshan and the area around was established in Qin dynasty. It was named after Lou River (; present-day Liu River: ), while its seat was located in the north eastern of Kunshan. In 507, Xinyi county () which hold Lou co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
