September 30, 2016 12:18 PM ET

Metals and Mining

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

Company Overview

Shanghai Fosun High Technology (Group) Co., Ltd., together with its subsidiaries, manufactures steel and steel products. The company offers crude steel and pig iron. It also 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, Hangz...

No. 2 East Fuxing Road

Shanghai,  200010

China

Founded in 1992

Phone:

86 21 2315 6666

Fax:

86 21 6332 5076

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

Co-Founder and Chairman
Age: 49
Co-Founder
Age: 46
Co-Founder
Age: 46
Co-Founder and Non-Executive Director
Age: 47
Chief Financial Officer and General Manager of the Board & President Office & Investor Relations Support Office
Age: 37
Compensation as of Fiscal Year 2016.

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

Fosun High Technology Announces Unaudited Earnings Results for the Three Months Ended March 31, 2016

Fosun High Technology announced unaudited earnings results for the three months ended March 31, 2016. For the period, the company reported revenue from operation of RMB 5,005,039,000 compared to RMB 10,655,018,000 a year ago. Net loss attributable to shareholders of the parent was RMB 228,229,000 compared to net profit attributable to shareholders of the parent of RMB 440,995,000 a year ago. Net cash outflow from operating activities was RMB 951,590,000 compared to net cash inflow from operating activities of RMB 1,295,372,000 a year ago.

Fosun High Technology Announces Earnings Results for the Nine Months Ended September 30, 2015

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

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.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
September 19, 2016
Hangzhou Goujia Network Technology Co., Ltd.
Merger/Acquisition
August 10, 2016
New China Life Insurance Co., Ltd.
Private Placement
August 4, 2016
GrubMarket, Inc.
 

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