Founder Group

Founder Group
Company typeGovernment-owned corporation
IndustryIT
Pharmaceuticals
Real estate
Finance
Commodities trading
Founded1986; 38 years ago (1986)
Founder
Headquarters,
Area served
Worldwide[1]
Revenue133,273,930,000 renminbi (2018) Edit this on Wikidata
Owner
Number of employees
35,000
ParentPeking University
Subsidiaries
Websitefounder.com

Founder Group (方正集团) is a major Chinese technology conglomerate that deals with information technology, pharmaceuticals, real estate, finance, and commodities trading.[2] It is divided into five major industry groups, each covering a separate industry: PKU Founder IT Group (IT), PKU Healthcare Group (healthcare and pharmaceuticals), PKU Resource Group (real estate), Founder Financial (finance), and Founder Commodities (commodities trading). The group has been coping with bankruptcy since 2020, when the Beijing No.1 Intermediate People's Court announced the recognized leader during the restructuring.[3]

Founder Group was established by Peking University in 1986. It currently has six public companies listed in stock exchanges of Shanghai, Shenzhen, and Hong Kong, and more than 80 independently funded enterprises and joint ventures.[4] Founder's motto is "世界在变 创新不变" (shì jiè zài biàn, chuàng xīn bu biàn), which roughly translates to "The world is changing; innovation is not". The company is currently moving to establish itself as a computer chip designer. Founder are also owners of the largest mall in the world, New South China Mall, acquired from Dongguan Sanyuan Yinghui Investment & Development which had run the mall extremely poorly.[5][6]

  1. ^ a b "Founder". Founder. Archived from the original on 2020-09-25. Retrieved 2015-03-06.
  2. ^ "Overview_About Us". Founder. Retrieved 2015-03-06.
  3. ^ "北京市第一中级人民法院决定书" (in Chinese). Retrieved 2023-03-05.
  4. ^ [1] Archived April 2, 2015, at the Wayback Machine
  5. ^ "Chinese 'ghost mall' back from the dead - CNN.com". Archived from the original on 2017-02-02. Retrieved 2016-03-21.
  6. ^ Donohue, Michael (2008-06-12). "Mall of misfortune". The National. Abu Dhabi Media Company. Archived from the original on 2011-04-25. Retrieved 2010-01-12. Location: Dongguan, China Year Opened: 2005 Gross Leasable Area: 7.1 million square feet