China Evergrande Group (Evergrande Group) history, company profile (overview) and history video
China Evergrande Group, known as Evergrande Group, is an investment holding company headquartered in Guangzhou, China. It was formerly founded as ”Hengda Group” by Hui Ka Yan (Xu Jiayin in Mandarin Chinese) in 1996.
OPERATIONS
The Group operates through the following segments: Real Estate, Automotive, Property, Entertainment, RV treasure, Tourism, Health, High-Tech, Food, Finance, and Sports.
Real Estate
Evergrande Real Estate has more than 1,300 projects in more than 280 cities in China, and cooperates with more than 860 well-known companies around the world.
Automotive
Evergrande New Energy Automobile provides a full range of new energy vehicles covering advanced vehicle manufacturing, 3.0 chassis architecture, powertrain, power battery, parts, intelligent network connection, automobile sales, and smart charging.
Property
Evergrande Property Management is considered one of the largest property management enterprises in China. It provides property management services covering residential, commercial, theme parks, industrial parks, health care projects, and public facilities such as schools, hospitals, banks, government buildings, high-speed rails, airports, and scenic spots. It is also expanding in the direction of urban public service.
Entertainment
Hengteng Network is a streaming media company that has one of the largest long video platforms in China (Pumpkin Movie APP) and one of the largest domestic film and television production companies (Ruyi Pictures).
RV treasure
RVB Group applies big data, artificial intelligence, cloud computing, virtual reality, and other digital technologies to build a comprehensive online and offline omni-channel transaction service platform for real estate and automobiles.
Tourism
The Tourism segment implies the all-season large-scale theme park “Evergrande Children’s World”, as well as “China Hainan Sea Flower Island”, which is one of the world’s most desirable top cultural tourist attractions.
Health
The Health segment includes the Evergrande Health Care Valley, which involves resources such as first-class pensions, health management, or medical insurance, as well as Boao Evergrande International Hospital, which provides oncology medical services.
High-Tech
Evergrande Charging Technology Co., Ltd. integrates the charging pile resources of major mainstream operators and small and medium-sized operators into the “Xingluo Charging” smart charging platform.
Xingluo Home Cloud IoT Technology Co., Ltd. is a provider of smart home and IoT solutions.
Xingluo Community Cloud IOT Technology Co., Ltd. empowers communities through the Internet + Internet of Things, and provides enterprises with integrated smart community solutions.
Guoheng Smart Energy Service Co., Ltd. is jointly funded and established by State Grid Corporation of China and Evergrande Group. It engages in the development, production and sales of community new energy infrastructure products, as well as the construction, promotion and operation of the smart community energy service network.
Food
Evergrande Bingquan covers four major sectors of mineral water, grain and oil, dairy and fresh food.
Finance
Evergrande Life Insurance Co., Ltd. provides services such as life insurance, annuity, health and accidental injury, and others.
Sports
Evergrande is one of the shareholders of Guangzhou Football Club, formerly known as Guangzhou Evergrande Football Club. The club won the AFC Champions League twice, in 2013 and 2015. The club is also the first Chinese club to participate in the FIFA Club World Cup, making its first appearance in 2013. The e-commerce company Alibaba Group is also one of the football club’s shareholders.
With more than 125,000 employees, Evergrande Group is considered one of the largest real estate companies in China. According to Forbes, it is considered one of the Largest Public Companies in The World.
*Information from Forbes.com, Wikipedia.org, and ”www.evergrande.com”.
**Video published on youtube.com by “Companies History“.