From:ChinaDaily | 2021-04-09 07:52
Conglomerate to focus on engineering, tech, finance to broaden its prospects
China Poly Group Corp Ltd, or Poly Group, the Beijing-headquartered, centrally administered State-owned enterprise, will deploy more resources in technology, engineering projects and finance to further diversify its growth pattern during the 14th Five-Year Plan period (2021-25), said its senior executives.
The diversified conglomerate has three pillar businesses－trade, real estate and management of culture-and art-related ventures. Its new moves will enhance the company s competitiveness, and strengthen its role as one of China s State-owned capital investment companies, said Liu Hualong, the group s chairman.
The larger goal is to cultivate new businesses with promising growth potential in the coming years, he said.