Hengdian Group (), abbreviated as HG, is a Chinese private conglomerate founded by Xu Wenrong in 1975 in Hengdian,

Zhejiang Zhejiang ( or , ; , Chinese postal romanization, also romanized as Chekiang) is an East China, eastern, coastal Provinces of China, province of the People's Republic of China. Its capital and largest city is Hangzhou, and other notable citie ...

. It focuses on the fields of

electrical Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described ...

and

electronic Electronic may refer to: *Electronics, the science of how to control electric energy in semiconductor * ''Electronics'' (magazine), a defunct American trade journal *Electronic storage, the storage of data using an electronic device *Electronic co ...

pharmaceutical A medication (also called medicament, medicine, pharmaceutical drug, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy (pharmacotherapy) is an important part of the medical field an ...

and

chemical A chemical substance is a form of matter having constant chemical composition and characteristic properties. Some references add that chemical substance cannot be separated into its constituent elements by physical separation methods, i.e., w ...

, film and

entertainment Entertainment is a form of activity that holds the attention and interest of an audience or gives pleasure and delight. It can be an idea or a task, but is more likely to be one of the activities or events that have developed over thousa ...

, and modern services. Since 1996, Hengdian Group has operated

Hengdian World Studios Hengdian World Studios () is a film studio located in Hengdian, a Chinese town in the city of Dongyang, Zhejiang Province. It is one of the largest film studios in the world. The movie studio is operated by the privately owned Hengdian Group fo ...

History

In 1975, Xu Wenrong set up Hengdian Reeling Silk Factory, which was the predecessor of Hengdian Group. In the 1990s, it expanded into high-tech sectors such as

hard magnet Coercivity, also called the magnetic coercivity, coercive field or coercive force, is a measure of the ability of a ferromagnetic material to withstand an external magnetic field without becoming demagnetized. Coercivity is usually measured in ...

s, soft magnets, and pharmaceutical manufacturing. In 2004, Hengdian Group,

Warner Bros Warner Bros. Entertainment Inc. (commonly known as Warner Bros. or abbreviated as WB) is an American film and entertainment studio headquartered at the Warner Bros. Studios complex in Burbank, California, and a subsidiary of Warner Bros. D ...

. and

China Film Group Corporation China Film Group Corporation (CFGC), is the largest, most influential film enterprise in the People's Republic of China, owned by the Publicity Department of the Chinese Communist Party. According to ''Forbes'', it is a state monopoly that al ...

established the Warner China Film HG, which is a

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four rea ...

. In 2008, it established the Zhejiang Hengdian Film Production Company. In 1989, Hengdian group founded Apeloa Pharmaceutical, which was listed on the Shenzhen Stock Exchange in 1997, covers active pharmaceutical ingredients and intermediates, pesticides,

medical devices A medical device is any device intended to be used for medical purposes. Significant potential for hazards are inherent when using a device for medical purposes and thus medical devices must be proved safe and effective with reasonable assura ...

and

medical services Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration or cure of disease, illness, injury, and other physical and mental impairments in people. Health care is delivered by health profess ...

. Hengdian Group also expanded into the lighting field in late 1990s，covering LED fixtures, lighting sources,

smart lighting A lighting control system is an intelligent network based lighting control solution that incorporates communication between various system inputs and outputs related to lighting control with the use of one or more central computing devices. Light ...

and automotive lighting. In August 2019, Nanhua Futures, a subsidiary of Hengdian Group, was listed on the Shanghai Stock Exchange.

References

{{reflist Chinese companies established in 1975 Film production companies of China Electronics companies of China Entertainment companies established in 1975