Company Overview of Shanghai Fosun High Technology (Group) Co., Ltd.
Shanghai Fosun High Technology (Group) Co., Ltd., through its subsidiaries, engages in insurance, industrial operations, investments, and asset management businesses. The company provides life and health, property and casualty, and personal insurance products, as well as reinsurance services; and engages in pharmaceutical manufacturing, pharmaceutical distribution and retail, healthcare services, and diagnostic products and medical devices businesses. It also specializes in property development projects in Shanghai, Beijing, Tianjin, Nanjing, Chongqing, Chengdu, Xi'an, Wuhan, Datong, Wuxi, Hangzhou, Taiyuan, Changsha, Changchun, etc.; mining, coking, sintering, iron smelting, steel smelting,...
No. 2 East Fuxing Road
Founded in 1992
Key Executives for Shanghai Fosun High Technology (Group) Co., Ltd.
Co-Founder and Non-Executive Director
Compensation as of Fiscal Year 2015.
Shanghai Fosun High Technology (Group) Co., Ltd. Key Developments
Fosun High Technology Announces Earnings Results for the Nine Months Ended September 30, 2015
Oct 30 15
Fosun High Technology announced earnings results for the nine months ended September 30, 2015. For the period, the company reported revenue from operation of RMB 33,743,167 compared to RMB 35,719,857 a year ago. Net profit attributable to shareholders of the listed company was RMB 1,468,598 compared to RMB 1,213,285 a year ago. Net cash flow from operating activities was RMB 4,392,098 compared to net cash flow used in operating activities of RMB 3,449,608 a year ago.
Fosun High Technology Reports Earnings Results for the Nine Months Ended September 30, 2015
Oct 30 15
Fosun High Technology reported earnings results for the nine months ended September 30, 2015. For the nine months, the company reported net cash flow from operating activities of RMB 4,392,098,000 compared to net cash used in operating activities of RMB 3,449,608,000 a year ago. Revenue from operation was RMB 33,743,167,000 compared to RMB 35,719,857,000 a year ago. Net profit attributable to the shareholders of the parent company was RMB 1,468,598,000 compared to RMB 1,213,285,000 a year ago.
Fosun Group Launches Operations in Russia, Expanding Fosun's Global Asset Management and Advisory Platform
Oct 27 15
Fosun Group announced the launch of Fosun Eurasia Capital LLC in Moscow a key integrated financial platform for Fosun's investment and asset management advisory businesses in Russia and neighbouring countries. Fosun Eurasia will identify value investment opportunities in the region for deployment of Fosun's capital, to further strengthen Fosun's global investment capabilities, and to quicken the pace at which Fosun continues to build a multi-billion dollar global asset management business. As a sign of its commitment to the Russian market, Fosun will provide strong financial support to opportunities in the region, providing the team with an unconstrained investment approach covering fixed income, direct investments, real estate, bond, equity and private equity projects. Next to deployment of internal capital, Fosun Eurasia will provide external investment advisory services to both local and international investors, combining the global investment strength of Fosun Group, with the extensive operational investment experience of its co-founders. Fosun Eurasia will explore mid-and long-term value investment opportunities for Fosun throughout the region. As an financial and asset advisory platform, the company will identify and evaluate investment opportunities in energy, natural resources, consumption, manufacturing, and other industries in Russia, Mongolia and the CIS region, selecting high-quality projects for potential investment. As a diversified investment platform, Fosun Eurasia is able to invest in a broad array of industries, which will create strong synergy with various investment segments of Fosun Group. Fosun Eurasia integrates the global resources of Fosun Group with the investment experience of an experienced management team in Russia. This brings three unique strengths to Fosun Eurasia: firstly, Fosun Eurasia can leverage Fosun Group's strong global investment system; second, the company's management team is composed of Russian and international financial talents; and third, Russia and its' neighbouring countries are seen to offer considerable opportunities for long term value investments.
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