OCT Tower in Overseas Chinese Town, Nanshan District of Shenzhen
Trade name
OCT Group
Company type
State-owned enterprise
Industry
Tourism and Culture
Founded
1985
Headquarters
Shenzhen
,
China
Area served
China
Revenue
CN¥50.693 billion (2015)
Operating income
CN¥8.457 billion (2015)
Net income
CN¥4.810 billion (2015)
Total assets
CN¥136.957 billion (2015)
Total equity
CN¥27.405 billion (2015)
Owner
State Council of China (100%)
Parent
SASAC of the State Council
Subsidiaries
Overseas Chinese Town (53.47%)
Konka Group (29.99%)
OCT Bay (100%)
Footnotes / references in a consolidated basis; equity and profit excluded minority interests; in Chinese Accounting Standards[1]
Overseas Chinese Town Enterprises Co.
Simplified Chinese
华侨城集团公司
Traditional Chinese
華僑城集團公司
Transcriptions
Standard Mandarin
Hanyu Pinyin
Huáqiáochéng Jítuán Gōngsī
Yue: Cantonese
Jyutping
waa4 kiu4 sing4 zaap6 tyun4 gung1 si1
Overseas Chinese Town Enterprises Co. is a Chinese state-owned enterprise, supervised by the State-owned Assets Supervision and Administration Commission of the State Council. Overseas Chinese Town Enterprises is the parent company of publicly traded companies Overseas Chinese Town Limited (SZSE: 000069), Overseas Chinese Town (Asia) (SEHK: 3366, a subsidiary of Overseas Chinese Town Company) and Konka Group (SZSE: 000016). It is engaged in cross-sector and cross-industry operation.
The company was founded on 1985 and is headquartered in Shenzhen, China. Since 1985, the company has fostered three leading major businesses in China, which are tourism and related cultural industry, real estate, hotel development, and manufacture of electronic products. As the listed subsidiary, OCT A provides a platform for capital operation of OCT group.
The company is well known for its nationally famous brands, including six Happy Valley amusement parks,[2] Konka Group, Splendid China Folk Village, Window of the World, OCT East, OCT Grand Hotel, Venice Hotel, OCT Harbour and so on.[3]
^"2015 Annual Report". Overseas Chinese Town Enterprises (in Chinese). Shanghai Clearing House. 29 April 2016. Retrieved 16 November 2016.
^Theme Parks Won't Be Part of the Digital Revolution, Bloomberg, 2015-10-01
^OCT Group Brief Introduction, XINHUANET, 2012-05-17, archived from the original on October 22, 2016
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Global Information
CN¥50.693 billion (2015)
CN¥8.457 billion (2015)