Overseas Chinese Town Enterprises Co. is a Chinese state-owned enterprise. It was supervised by the

State-owned Assets Supervision and Administration Commission of the State Council The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the People's Republic of China, directly under the State Council. It was founded in 2003 through the consolidation of variou ...

. Overseas Chinese Town Enterprises is the parent company of publicly traded companies Overseas Chinese Town Limited (),

Overseas Chinese Town (Asia) Overseas Chinese Town (OCT, ) is the colloquial name for a cluster of scenic spots in Nanshan District of Shenzhen, Guangdong Province, China, around the Window of the World Station, Overseas Chinese Town Station, Qiaocheng East Station and Qi ...

(, a subsidiary of Overseas Chinese Town Company) and

Konka Group Konka Group Co., Ltd. () is a Chinese manufacturer of electronics products headquartered in Shenzhen, Guangdong and listed on Shenzhen Stock Exchange. History It was founded in 1980 as Shenzhen Konka Electronic Group Co., Ltd. and changed its na ...

(). It is engaged in cross-sector and cross-industry operation. The company was founded on 1985 and is headquartered in

Shenzhen, China Shenzhen (; ; ; ), also historically known as Sham Chun, is a major Sub-provincial division, sub-provincial city and one of the Special economic zones of China, special economic zones of China. The city is located on the east bank of the Pea ...

. Since 1985, the company has fostered three leading major businesses in China, which are tourism and related cultural industry, real estate, hotel development, and manufacture of electronic products. As the listed subsidiary, OCT A provides a platform for capital operation of OCT group. The company is well known for its nationally famous brands, including six Happy Valley amusement parks,

Splendid China Folk Village Splendid China Folk Village (Chinese: 锦绣中华民俗村, pinyin: Jǐnxiù Zhōnghuá Mínsú Cūn) is a theme park including two areas (Splendid China Miniature Park & China Folk Culture Village) located in Shenzhen, Guangdong province, P ...

Window of the World Window of the World () is a theme park located in the western part of the city of Shenzhen in the People's Republic of China. It has about 130 reproductions of some of the most famous tourist attractions in the world squeezed into 48 hectares ...

OCT East OCT East () is a major entertainment and resort complex in Yantian, Shenzhen, China. It was constructed at a cost of CNY 3.5 billion and covers an area of nearly . Construction started in 2004 and it was opened in 2007. It is divided into 3 them ...

, OCT Grand Hotel, Venice Hotel, OCT Harbour and so on.

History

*In 1985, OCT starting from a stretch of mud flat beside

Shenzhen Bay Deep Bay is a bay between Yuen Long District, in the New Territories, Hong Kong and the city of Shenzhen in Guangdong Province. It is otherwise known as Hau Hoi Wan () in Hong Kong, and Shenzhen Bay () in Mainland China. Name The local Canto ...

. *In 1994, the former CEO Ren Kelei () started reconstructing OCT group's business structure by cutting from more than 30 industries to only 3 main focusing areas. *In November 1997, OCT Group incorporated a subsidiary OCT Holding and listed on

Shenzhen Stock Exchange The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the city of Shenzhen, in the People's Republic of China. It is one of three stock exchanges operating independently in Mainland China, the others being the Beijing Stock Excha ...

. *In 2000, OCT Group has invested to construct multiple large-scale comprehensive projects, such as Beijing OCT, Shenzhen OCT East, Shanghai OCT, Shanghai Pujiang OCT, Chengdu OCT, Jiangsu Taizhou OCT, Shenzhen Happy Harbor, Yunnan OCT, Tianjin OCT, Wuhan OCT, Xi’an OCT, Qingdao OCT, and so on. *In 2004, OCT had been granted a title of the first batch of “National Culture Industry Demonstration Base” by the State Ministry of Culture and had been granted the title of one of the first two “National Culture Industry Demonstration Park Area” by the State Ministry of Culture in August 2007. *In 2010, OCT Group has been granted the title of “Top 30 Culture Enterprise” by the

Publicity Department of the Communist Party of China In marketing, publicity is the public visibility or awareness for any product, service, person or organization (company, charity, etc.). It may also refer to the movement of information from its source to the general public, often (but not always) ...

. *In 2015, consulting and design firm AECOM ranked OCT parks China as #4 of Top 10 Worldwide Theme Park Groups with 30 million visitors in the year.

List of amusement parks

References

{{authority control Companies based in Shenzhen Amusement park companies Government-owned companies of China Chinese companies established in 1985 Real estate companies of China