Английская Википедия:Cedar Holdings Group

Материал из Онлайн справочника
Перейти к навигацииПерейти к поиску

Шаблон:Use mdy dates Шаблон:Short description Шаблон:Infobox company Шаблон:Infobox Chinese The Cedar Holdings Group (Шаблон:Lang-zh) is a Chinese holding company active in six business sectors:

  • Gongtongyun Supply Chain Group
  • Chemical Industry Group
  • Cedar Culture & Tourism Group
  • King vision Group
  • Community Ecological Operation Group
  • Financial Services Group

Cedar also controls two A-share listed companies: Qixiang Tengda and Sinoer.[1][2]

Cedar Holdings was founded in 1997. In 2019 it had assets of 221 billion yuan.[3] Headquartered in Guangzhou, it also has offices in Hong Kong, Singapore, Switzerland, Germany, France and the United States.[4]

In 2020, Cedar bought the British steel firm Stemcor for $150 million.[5][6]

Cedar was ranked 359th in the Fortune Global 500 for 2021,[7] and on a list of China's top 500 Private Enterprises.[7][8]

Controversies

In February 2022 Cedar missed interest payments of 20 billion yuan (US$3.15 billion) owed to clients, casting doubt on the soundness of the business;[9][10] The Nikkei described it as being built on a "shell game," reporting that "Most of the goods traded by Cedar did not belong to Cedar, a person with knowledge of the matter said. The goods in warehouses belonged to state companies that sold them to Cedar and then bought them back after multiple rounds of transactions […] All transactions took place only on paper as the ownership of goods changed hands […] The goods could be sold hundreds of times in days without leaving a warehouse, boosting sales figures for the companies involved."[11][12]

References

Шаблон:Reflist

External links