Cedar Holdings Group
From Wikipedia, the free encyclopedia
Company typePrivately held company
Industryfinancial services, asset management, commodities[1]
Founded1997
FoundersZhang Jin
 | |
| Company type | Privately held company |
|---|---|
| Industry | financial services, asset management, commodities[1] |
| Founded | 1997 |
| Founders | Zhang Jin |
| Headquarters | , China |
Area served | Worldwide |
Key people | Zhang Jing (CEO) |
| Revenue | US$33.8 billion[2] (2021) |
Number of employees | 23,856[2] (2021) |
| Website | cedarhd |
| Cedar Holdings Group | |||||||
|---|---|---|---|---|---|---|---|
| Traditional Chinese | 雪鬆控股集團有限公司 | ||||||
| Simplified Chinese | 雪松控股集团有限公司 | ||||||
| Literal meaning | Cedar Holdings Group Company Limited | ||||||
| |||||||
The Cedar Holdings Group (Chinese: 雪松控股) 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.[3][4]
Cedar Holdings was founded in 1997. In 2019 it had assets of 221 billion yuan.[5] Headquartered in Guangzhou, it also has offices in Hong Kong, Singapore, Switzerland, Germany, France and the United States.[6]
In 2020, Cedar bought the British steel firm Stemcor for $150 million.[7][8]
Cedar was ranked 359th in the Fortune Global 500 for 2021,[2] and on a list of China's top 500 Private Enterprises.[2][9]