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Fosun
Fosun International Limited is a Chinese multinational conglomerate holding company. Founded in 1992 by Guo Guangchang and four others, the company is headquartered in Shanghai and was incorporated in Hong Kong in 2004. Its Co-CEOs are Chen Qiyu and Xu Xiaoliang. Wang Qunbin joined Guo Guangchang as co-chairman in early 2020. The company is located in 16 countries and is one of the largest privately owned conglomerates in China. It was ranked 371st on the Forbes Global 2000 ranking in 2020. History 1990s Fosun Group was founded in 1992 as the Guangxin Technology Development Company by five graduates of Fudan University in Shanghai: Guo Guangchang, Liang Xinjun, Wang Qunbin (), Fan Wei (), and Tan Jian (). Fosun started its business by doing market research. The major holding company of the group, Fosun High Technology, was incorporated in 1994 in mainland China. Then Fosun extended its business into the healthcare industry (as Fosun Pharmaceutical), real estate, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fosun Pharmaceutical
Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (trade name: Fosun Pharma) is a Chinese pharmaceutical company. It is mostly owned by Fosun International. As of 2018, the A shares of the company is a constituent of SSE 180 Index as well as its sub-index SSE MidCap Index. The company was ranked 1,840th in 2020 edition of the '' Forbes Global 2000'', a list of top listed companies of the world. Key people * Wu Yifang is the president and CEO of Fosun Pharma. * Chen Qiyu is co-CEO of Fosun International and Chairman of Fosun Pharma. History Fosun Pharmaceutical is a listed company which started A share initial public offering in 1998 and H share in 2012. The English name of the company was initially known as Shanghai Fortune Industrial Joint-Stock Co., Ltd. (SFIC; ), but the transliteration of was later changed from Fortune to Fosun (as Fosun Industrial), as well as changing the name from Industrial () to Pharmaceutical (). The company also shorten the transliteration of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guo Guangchang
Guo Guangchang (, born February 1967) is a Chinese businessman and investor. He is the chairman and co-founder of Fosun International Limited, and a representative of the 12th Chinese People's Political Consultative Conference. According to Hurun Report's ''2019 China Rich List'' he was the 45th richest person in China. As of 2022 he has a net worth of 3.8 Billion. Early life and education Guo Guangchang was born in Dongyang, Zhejiang, in 1967. In 1989, Guo received a BA in Philosophy and an MBA from Fudan University. Career Guangxin Technology Development Company Ltd. In 1992, Guo founded Guangxin Technology Development Company Ltd, with friends Liang Zinjun and Tan Jian, which was among the first to use scientific methods in market research in mainland China. Fosun Group ''See main article Fosun International'' Since 1994, Guo has been the chairman of Fosun Group and invested in insurance, pharmaceuticals and healthcare, property, steel, mining, retail, services, finance an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas Cook Group
Thomas Cook Group plc was a global travel group, headquartered in the United Kingdom and listed on the London Stock Exchange from its formation on 19 June 2007 by the merger of Thomas Cook AG — successor to Thomas Cook & Son — and MyTravel Group until 23 September 2019, when it went into compulsory liquidation. The group operated as a tour operator and airline, and also operated travel agencies in Europe. At the time of the group's collapse, approximately 21,000 worldwide employees were left without jobs (including 9,000 UK staff) and 600,000 customers (150,000 from the UK) were left abroad, triggering the UK's largest peacetime repatriation. After the collapse, segments of the company were purchased by others, including the travel stores in the UK, the airlines, the Thomas Cook name and logo, the hotel brands and the tour operators. Thomas Cook India has been an entirely separate entity since August 2012, when it was acquired by Fairfax Financial and thus was not ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fan Wei (entrepreneur)
Fan Wei () is a Chinese businessman and investor. He was one of the founder of Hong Kong incorporated public company Fosun International; he also founded its predecessor, Fosun Group, in the mainland China. He partially owned Fosun International indirectly until 2015. Fan owned 5 shares out of 50 shares (or 10%) of Fosun International's ultimate parent company Fosun International Holdings as at 31 December 2014, which 79.60% stake of the publicly traded company was owned by the holding. He resigned as a non-executive director of Fosun International on 10 July 2014 and withdrew his holding in Fosun International Holdings on 4 September 2014. The number of shares of Fosun International Holdings also reduced to 45. Fan was also one of the three executive directors of Fosun International's subsidiary Shanghai Forte Land. He changed from executive director to non-executive director in 2013, due to a reported health reason. It was reported that Fan was the leader of the property investm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roc Oil Company
Roc Oil Company Limited was an international petroleum company based in Sydney, Australia. The company was established in 1997 as a privately owned company by John Doran. In 1999, the company went public with an IPO at the Australian Stock Exchange, and in 2004, Roc was listed on the London Stock Exchange. In 2008, Roc Oil merged with Anzon Australia, and in 2014 China's Fosun International conglomerate acquired Roc for AU$474 million. Roc operated oil production facilities in Mauritania, Angola, Malaysia, and China, and in 2013, its last full year of independent operation, produced 2.7 million barrels of oil or equivalent products. Company History ''Founder – John Doran'' John Doran was the CEO and founder of Roc Oil Company from 1999 to 2008, ending due to an untimely passing. Doran had extensive experience in both geology as well as being classified as an 'oil man' after large involvement in the expansion of gas exploration and production across Europe, the Middle East and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Club Med
Club Med SAS, commonly known as Club Med and previously known as Club Méditerranée SA, is a French travel and tourism operator headquartered in Paris, specializing in all-inclusive holidays. Founded in 1950, the company has been primarily owned by the Chinese conglomerate Fosun Group since 2013. Club Med either wholly owns or operates nearly eighty all-inclusive resort villages in holiday locations around the world. History Foundation The Club was started in 1950 by Belgian entrepreneur Gérard Blitz. Blitz had opened a low-priced summer colony of tents on the Spanish island of Majorca, then another one in the island of Djerba (Tunisia). Great entertainer, Blitz was however no businessman and he went bankrupt in 1953. The main creditor as the tents supplier, Gilbert Trigano, the French "King of Camping"; Trigano took control of the Club and slowly pushed Blitz aside. The first official Club Med was built the next year in Palinuro, Salerno, Italy. The original villa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wang Qunbin
Wang Qunbin (; born 1969) is a Chinese billionaire businessman. He was appointed co-chairman of Fosun International in February 2020, and was CEO of Fosun from March 2017 to February 2020, when he replaced Liang Xinjun. He earned a bachelor's degree in genetic engineering from Fudan University Fudan University () is a national public research university in Shanghai, China. Fudan is a member of the C9 League, Project 985, Project 211, and the Double First Class University identified by the Ministry of Education of China. It is als ..., Shanghai in 1991. He is one of the founders of Fosun, and has been a director since 1994, and president from 2009 to 2017. He lives in Shanghai, China. References {{DEFAULTSORT:Wang, Qunbin 1969 births Living people 21st-century Chinese businesspeople Billionaires from Shanghai Chinese company founders Chinese investors Fosun International people Fudan University alumni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cirque Du Soleil
Cirque du Soleil (, ; "Circus of the Sun" or "Sun Circus") is a Canadian entertainment company and the largest contemporary circus producer in the world. Located in the inner-city area of Saint-Michel, it was founded in Baie-Saint-Paul on 16 June 1984 by former street performers Guy Laliberté and Gilles Ste-Croix. Originating as a performing troupe called ''Les Échassiers'' (; "The Stilt Walkers"), they toured Quebec in various forms between 1979 and 1983. Their initial financial hardship was relieved in 1983 by a government grant from the Canada Council for the Arts to perform as part of the 450th anniversary celebrations of Jacques Cartier's voyage to Canada. Their first official production ''Le Grand Tour du Cirque du Soleil'' was a success in 1984, and after securing a second year of funding, Laliberté hired Guy Caron from the National Circus School to recreate it as a "proper circus". Its theatrical, character-driven approach and the absence of performing animals help ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steve Morgan (businessman)
Stephen Peter Morgan (born 25 November 1952) is an English businessman, investor, and philanthropist. He is the founder of the housebuilders Redrow plc, a former chairman of Wolverhampton Wanderers F.C., and founder of the charitable Steve Morgan Foundation. Early life Morgan was born in Garston, Liverpool, on 25 November 1952. The son of a plant hire operator, he moved home nine times during his childhood and consequently changed school nine times. His parents moved to Colwyn Bay when he was 13, and he was educated at Colwyn High School and Liverpool Polytechnic (now Liverpool John Moores University), where he completed a two-year diploma course. Redrow Morgan entered the business world, aged 21, during the 1974 recession. His then employers, Wellington Civil Engineering, were on the verge of going out of business."' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liang Xinjun
Liang Xinjun () is a Chinese entrepreneur. He is the co-founder and former vice chairman/CEO of Fosun International, one of the largest civilian-run enterprise in China. Biography Liang was born in 1968 in Taizhou, Zhejiang. He received his B. A. from Fudan University in 1991, and founded Fosun with Guo Guangchang in 1992. In 2007, he received his MBA degree from Cheung Kong Graduate School of Business. On Hurun Report Rupert Hoogewerf (born 1970 in Luxembourg), also known by his Chinese name Hu Run (), is the chairman and chief researcher of Hurun Report, a research, media and investments business, best known for its Hurun Rich List, a ranking of the wealthies ...'s China Rich List 2013, he was ranked 233rd with an estimated wealth of US$1.140 billion. References External links Reuters* https://www.forbes.com/profile/xinjun-liang Fosun International Limited {{DEFAULTSORT:Liang, Xinjun 1968 births Living people 21st-century Chinese businesspeople Billionaires from Zh ... [...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] |
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] |
