Cedar Holdings was founded in 1997。 As one of the representative private enterprises, it is characterized with the fastest development during the process of China’s Reform and Opening-up。 As a private enterprise in Guangzhou, Cedar Holdings ranked 361st on the Fortune Global 500 Companies list with a revenue of RMB 221 billion yuan in 2018。 At present, to build up one of the world’s leading comprehensive industrial group, Cedar Holdings strives to accelerate its globalization plan by focusing on core industries。
Cedar Holdings is committed to industrial development for a flourishing China, value creation for a thriving society. Cedar Holdings has been in business for more than 20 years and is still thriving. Cedar Holdings has been paying attention to China's economy and adopting the strategic methodology of embracing the future with redefining industrial values. That is why this enterprise focuses on China's industrial transformation and consumption upgrading, makes every effort to promote supply-side structural reform to actively serve the national strategy.
As a comprehensive industrial group based on real industries, Cedar Holdings covers modules of the bulk commodity, new chemical materials, tourism culture and smart city services. It also has two A-share listed companies, Qixiang Tengda (002408) and Sinoer (002485). In terms of regional layout, Cedar Holdings takes Guangzhou as its national comprehensive headquarter, and launches business headquarters in Shanghai, Shenzhen and Beijing. It has set up branches in Hong Kong, Singapore,, Switzerland, Germany, the UK, and Australia. That is how this enterprise fully connects with world-class talents, industries and resources.
Cedar Holdings embraces creating industrial value as the greatest social responsibility. With Cedar Foundation as the main body, Cedar Holdings devotes to serving the society by constructing a CSR system that complements our development. With "sustainable green future" as the core requirement, Cedar Holdings has been making contribution in precise poverty alleviation, "Belt and Road" initiative, army- civilian integration, green supply chain, cultural conservation, community care and education. By making joint efforts with partners and employees, Cedar Holdings has been creating a "community of love" and better green future.
King Cheung: Chairman of the Board of Directors of Cedar Holdings Group
Founder of Cedar Holdings Group, Chairman of the Board of Directors, member of the National Committee of the Chinese People's Political Consultative Conference, Vice President of the Guangdong Provincial Chamber of Commerce, Vice Chairman of the Guangzhou Federation of Industry and Commerce, and Bachelor of Economics from Shenzhen University。
Mr. King Cheung founded Junhua Group in Guangzhou in 1997, and reorganized and consolidated his industry into the Cedar Holdings Group in 2015. Mr. King Cheung ranks the 18th in the 2018 New Fortune 500 Rich List, the 73rd in the 2017 Forbes China Rich List, and the 75th in the 2017 Hurun Report.
Mr。 King Cheung has been enthusiastic about public welfare and charity for many years。 In 2008, he founded the Cedar Public Welfare Foundation, making important contributions to the public welfare undertakings in the areas of targeted poverty alleviation, “Belt and Road” cultural construction, ecological environment management and education。
Industry Value Contribution Award
The 6th China Public Welfare Festival
Annual Public Welfare Characters
Southern People Weekly
China Charming Characters
Headquarters: 62F, Guangzhou International Finance Center, No.5, Zhujiang Avenue West, Tianhe District, Guangzhou, Guangdong.
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