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Overseas Chinese Town Enterprises

Overseas Chinese Town Enterprises
OCT Group
state-owned enterprise
Industry Tourism and Culture
Founded 1985
Headquarters Shenzhen, China
Area served
China
Revenue SteadyCN¥50.693 billion (2015)
Increase CN¥8.457 billion (2015)
Profit Increase CN¥4.810 billion (2015)
Total assets Increase CN¥136.957 billion (2015)
Total equity Increase CN¥27.405 billion (2015)
Owner State Council of China (100%)
Parent SASAC of the State Council
Subsidiaries
Website www.chinaoct.com
Footnotes / references
in a consolidated basis; equity and profit excluded minority interests; in Chinese Accounting Standards
Overseas Chinese Town Enterprises Co.
Simplified Chinese 华侨城集团公司
Traditional Chinese 華僑城集團公司

Overseas Chinese Town Enterprises Co. is a Chinese state-owned enterprise. It was 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 (: 000069), Overseas Chinese Town (Asia) (: 03366, a subsidiary of Overseas Chinese Town Company) and Konka Group (: 000016). It 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 main business of OCT group implemented holistic listing on capital market in December 2009, which made OCT group gain a better value creation dynamic mechanism and more clear appeal for value growth.

The company is well known for its nationally famous brands, including six Happy Valley amusement parks,Konka Group, Splendid China Folk Village, Window of the World, OCT East, OCT Grand Hotel, Venice Hotel, OCT Harbour and so on.


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