The predecessor of Cedar Holdings - King Vision Group was founded in 1997. It is one of the most vigorous privately-operated holding groups emerging in the process of China’s reform and opening-up.
In 2017, Cedar Holdings total annual revenue reached 221 billion Yuan and ranked 361st on the Fortune 500 list as the only Fortune 500 company from Guangzhou.
“Revive China with industry, requite society with value” is the corporate mission of Cedar Holdings. Cedar Holdings has been through over 20 years and is at its most prosperous stage. For 21 years, Cedar holds a positive view of China’s economy, practicing the strategic methodology of “reconstructing industrial value, persisting in futurism”, focusing on the industrial transformation and consumption upgrading in China, pushing forward the supply-side structural reform, and actively serving national strategies.
As a multi-industry group based in the manufacturing industry, Cedar Holdings possesses six different industry groups: Gongtongyun Supplychain Group, Chemical Industry Supplychain Group, Cultural Tourism Group, King Vision Real Estate Group, and Community Ecology Operation Group. Cedar Holdings is also the owner of two A-share listed companies: Qixiang Tengda (002408) and Sinoer (002485).
King Cheung: Chairman of the Board of Directors of Cedar Holdings Group
Founder of Cedar Holdings Group, Chairman of the Board of Directors, member of the National Committee of the Chinese People's Political Consultative Conference, Vice President of the Guangdong Provincial Chamber of Commerce, Vice Chairman of the Guangzhou Federation of Industry and Commerce, and Bachelor of Economics from Shenzhen University.
Mr. King Cheung founded Junhua Group in Guangzhou in 1997, and reorganized and consolidated his industry into the Cedar Holdings Group in 2015. Mr. King Cheung ranks the 18th in the 2018 New Fortune 500 Rich List, the 73rd in the 2017 Forbes China Rich List, and the 75th in the 2017 Hurun Report.
Mr. King Cheung has been enthusiastic about public welfare and charity for many years. In 2008, he founded the Cedar Public Welfare Foundation, making important contributions to the public welfare undertakings in the areas of targeted poverty alleviation, “Belt and Road” cultural construction, ecological environment management 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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