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May 05, 2015 3:40 PM ET

Industrial Conglomerates

Company Overview of Shanghai Fosun High Technology (Group) Co., Ltd.

Company Overview

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

Shanghai,  200010

China

Founded in 1992

Key Executives for Shanghai Fosun High Technology (Group) Co., Ltd.

Co-Founder and Chairman
Age: 47
Co-Founder
Age: 44
Co-Founder
Age: 44
Co-Founder and Non-Executive Director
Age: 45
Compensation as of Fiscal Year 2014.

Shanghai Fosun High Technology (Group) Co., Ltd. Key Developments

Shanghai Fosun High Technology (Group) Co., Ltd. Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2015

Shanghai Fosun High Technology (Group) Co., Ltd. announced unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net cash flow from operating activities of RMB 1,295,372,000 compared to RMB 1,220,159,000 a year ago. Revenue from operations was RMB 10,655,018,000 compared to RMB 10,186,593,000 a year ago. Net profit attributable to shareholders of the parent was RMB 440,995,000 compared to net loss attributable to shareholders of parent of RMB 62,177,000 a year ago.

Shanghai Fosun High Technology (Group) Co., Ltd. Presents at Mines and Money Hong Kong, Mar-23-2015 02:40 PM

Shanghai Fosun High Technology (Group) Co., Ltd. Presents at Mines and Money Hong Kong, Mar-23-2015 02:40 PM. Venue: Hong Kong Convention and Exhibition Centre, 1 Expo Drive, Wanchai, Hong Kong, Hong Kong. Speakers: Banglong Zhang, Managing Director.

Alimentation Couche-Tard, Tencent Holdings, China Life Insurance, ENN Energy Holdings, Fosun Group, Hopu Investment Management and Affinity Equity Partners Eyeing Sinopec

Alimentation Couche-Tard Inc. (TSX:ATD.B), Tencent Holdings Ltd. (SEHK:700) (Tencent), China Life Insurance Co. Ltd. (SEHK:2628) (China Life), ENN Energy Holdings Limited (SEHK:2688) (ENN), Shanghai Fosun High Technology (Group) Co. Ltd. (Fosun), Hopu Jinghua (Beijing) Investment Consultancy Co., Ltd and Affinity Equity Partners (Affinity) have been shortlisted to acquire China Petroleum & Chemical Corp. (SEHK:386) (Sinopec), Reuters reported citing people familiar with the matter. Sinopecplans to sell up to 30 percent of Sinopec Sales by end-2014. Final bids are due by end-August 2014. China International Capital Corp, Deutsche Bank (DBKGn.DE), CITIC Securities Ltd (600030.SS) and Bank of America (BAC.N) are advising Sinopec. Sinopec, ENN, Affinity, Tencent, China Life and Fosun all declined to comment about the bidding process. Couche-Tard Chief Executive Officer Raymond Paré also declined to comment. Hopu could not be reached for an immediate comment.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
March 23, 2015
Shanghai Fosun High Technology Group Finance Co., Ltd.
Private Placement
March 12, 2015
Shanghai Han Tao Information Consultation Co. Ltd.
Merger/Acquisition
August 14, 2014
Zhongshan Public Utilities Group Co., Ltd.
 

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