Established in 1992, Shanghai Fosun High Technology (Group) Co., Ltd. (“Fosun”) is the largest privately-owned conglomerate in China. Fosun’s businesses are rooted in China. Fosun invests in China’s high growth industries. Its current businesses consist of six segments, including pharmaceuticals, property development, steel, mining, retail, financial services and strategic investments.

On July 16th, Fosun International （0656.HK）, the holding company of Fosun was listed on the main board of the HKSE, which marks the most historical leap for Fosun for the past 15 years. In 2007, Fosun International recorded revenue of RMB31.977 billion and net profit of RMB 3.354 billion, registering 32% and 206% increase over the previous year, respectively. At present, Fosun has retained its position among China's Top 50 Enterprises. Each business segment of Fosun has enjoyed steady growth and has generally become one of the top 10 players in their respective industries.

With over 15 years of experience, Fosun has established its own business development model based on three core capabilities: the capability to explore China's high growth investment opportunities, the capability to continuously improve management efficiency, and the capability to optimize financing from multiple sources. And the core of this model is a team with entrepreneurial spirit who recognize Fosun’s corporate culture. This model has been proved by the high growth track record of Fosun.