Overseas Chinese Town Holding Company
華僑城集團有限公司
Company typeState-owned enterprise
IndustryTourism and Culture
Founded1985
Headquarters,
Area served
People's Republic of China
Key people
Chairman: Mr. Liu Chunping
WebsiteOverseas Chinese Town Holding Company

As one of the large-scale central enterprises subordinate to SASAC, Shenzhen Overseas Chinese Town Co., Ltd(SZSE: 000069) become a large-scale state-owned enterprise group engaged in cross-sector and cross-industry operation.The company was founded on 1985 and is headquartered in Shenzhen, China.[1] 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. The company is well know for it's China wide famous brands, including six Happy Valley amusement parks,[2] Konka Group, Splendid China Folk Village, Window of the World, OCT East, OCT Grand Hotel, Venice Hotel, OCT Harbour and so on. [3]

History

In 1985, OCT starting from a stretch of mud flat beside Shenzhen bay.

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 the title of 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 November 2009, the major business of OCT has been listed entirely on Shenzhen Stock Exchange.

In 2010, OCT Group has been granted the tile of “Top 30 Culture Enterprise” by the Publicity Department of the Communist Party of China.[4]

Board members

Chairman: Chunping Liu

President: Xiaowen Wang

Chief Accounting Officer: Haibin He

Vice President, Director: Jian Chen[5]

References

  1. ^ The World's Biggest Public Companies,Forbes, 2016.[1]
  2. ^ Justin Fox, Theme Parks Won't Be Part of the Digital Revolution: Justin Fox, Bloomberg, 2015-10-01.[2]
  3. ^ OCT Group Brief Introduction,XINHUANET, 2012.[3]
  4. ^ Today's OCT.[4]
  5. ^ Shenzhen Overseas Chinese Town Co., Ltd., Google Finance[5]