Fosun Group was founded in 1992 in Shanghai. Its parent company Fosun International(00656.HK) was listed on the Main Board of the Hong Kong Stock Exchange on 16 July 2007.
Today, Fosun has established four business engines comprising “insurance, industrial operations, investment and asset management”. It is dedicated to becoming a world-class investment group underpinned by the twin drivers of “insurance-oriented comprehensive financial capability” and “industrial-rooted global investment capability”.
With regards to its investment philosophy, Fosun has been persistently taking roots in China and investing in China’s growth fundamentals, while grasping investment opportunities evolved from the changing lifestyles of the middle class in China and global economic transformation. It is dedicated to applying the value investing principle to its investment model of “Combining China’s Growth Momentum with Global Resources”, striving to become a China expert with global capacity, with a view to creating value for the society and its shareholders.
In practice, Fosun unremittingly builds up its capabilities in identifying and capturing investment opportunities in China, improving the management and enhancing value of the investees, and establishing a multi-channel financing system to access quality capital. With avalue chain based on these three core competencies and a group of entrepreneurs endorsing Fosun’s corporate culture, a solid foundation has been laid for the continuous rapid growth of the Group.
While pursuing economic development, Fosun also shares the fruitful results of development with its staff, partners and the community, taking the initiative to contribute to the society in return. Meanwhile, Fosun also actively contributes its efforts to improve the business and natural environments of China so as to support the rejuvenation of the Chinese economy and culture.