With our predecessor founded in 1997, We, Cedar Holdings, rode on the reform and opening-up and now become one of the most promising private enterprises in China. We are also one of the Guangzhou home grown private enterprises that make into the Fortune Global 500. In 2019, Cedar Holdings registered a total revenue of over 268.8 billion RMB, ranking 301st on the list of Fortune Global 500 list. Today, we are actively driving forward our global expansion while focusing on our core businesses in order to become one of the world's leading conglomerates.
It is our mission to develop industry to make China great again and create values to give back to society. Through 20 years development, we are right now standing at the peak of our time. Cedar Holdings firmly holds a positive view of China's economy；puts into practice the theory of reshaping industry values and remaining future-oriented; focuses on China's industry transformation and consumption upgrade; presses ahead with supply-side reform; aligns our development with nation's strategies.
As an industry-centred conglomerate, our business operations cover sectors including commodities, new chemical materials, cultural tourism and smart city services, owning two A-listed companies- Qixiang Tengda（002408), Sinoer (002485) as well as a majority of stakes in Cedar International Trust and Dalian Financial Asset Exchange。 Headquartered in Guangzhou, we have offices in Shanghai, Shenzhen and Beijing。 We also have branches covering Hong Kong, Singapore, Switzerland, Germany, UK and Australia, reaching out to top notched talents, sectors and resources。
We give top priority to creating industry value as our most important social responsibility。 We insist on doing business of integrity and giving back to society through Cedar Foundations。 We proactively deliver social services while constantly adjusting our CSR system to our development。 To foster a sustainable life in the future, we are committed ourselves to targeted poverty alleviation, Belt and Road construction, military-civilian integration, green supply chain building, culture preservation and nurturing, community care and education。 We, together with our partners and staff, are well on way to create a cycle of shared love, making our life even greener and better。
King Cheung, Founder and Chairman of Cedar Holdings, member of the CPPCC National Committee, Vice Chair of Guangdong General Chamber of Commerce, Vice Chair of Guangzhou Association of Industry and Commerce.
In 1997, Mr. King Cheung founded in Guangzhou King Vision Group, which was the predecessor of Cedar Holdings. Cedar Holdings has been operating for more than 20 years and right now is at the peak of our time. It is one of the most promising privately-held groups that have emerged in the process of China’s Reform and Opening-up. As a private enterprise in Guangzhou, Cedar Holdings ranked 301st on the Fortune Global 500 Companies list with a revenue of RMB 268.8 billion yuan in 2019.
Mr。 King Cheung ranked 18th in the 2018 “New Fortune” List of the Richest 500, 46th on the 2018 Forbes China Rich List, and 62nd on the 2018 “Hurun Rich List。” As a devoted philanthropist, Mr。 Cheung founded Cedar Foundation in 2018, which has made positive contributions to social public welfare undertakings in such fields as targeted poverty alleviation, the Belt and Road development, traditional culture conservation, ecological conservation 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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