Fosun International

Last updated

Fosun International Limited
Company type Public
SEHK:  656
Industry Conglomerate
Founded
  • 1992 (1992) (predecessor)
  • 1994 (1994) (as Fosun Hi-tech)
  • 24 December 2004 (2004-12-24) (as Fosun Intl.)
Founder
Headquarters
  • Shanghai, China
  • Hong Kong (registered office)
Key people
  • Co-Chairman: Guo Guangchang
  • Co-Chairman: Wang Qunbin
  • Co-CEO: Chen Qiyu
  • Co-CEO: Xu Xiaoliang
Services Diversified Investments
RevenueIncrease2.svg US$25.4 billion [1] [2]  (2021)
Increase2.svg US$1.6 billion [1] [2]  (2021)
Total assets Increase2.svg US$126.48 billion [1]  (2021)
Number of employees
71,000 [3]  (2019)
Parent Fosun International Holdings
Chinese name
Simplified Chinese 复星国际有限公司
Traditional Chinese 復星國際有限公司
Transcriptions
Standard Mandarin
Hanyu Pinyin Fùxīng Guójì Yǒuxiàn Gōngsī

Fosun has a wide array of business activities, including investing in other firms, managing a number of private equity funds, and entering joint ventures.

Equity investments

Fosun has invested in a number of businesses throughout different sectors, such as asset management, insurance, and industrial operations.

Asset management

Banking

Entertainment

Fashion

Formerly named Fosun Fashion, the fashion sector of Fosun's business is now named Lanvin Group. [53]

Food and drink

Industrial operations

Insurance

Investment

Media

Private hospitals

Real estate

Retail

Technology

Tourism

Fosun-managed private equity funds

Joint ventures

Former equity investments

Shareholders

The major shareholder of Fosun International was a Hong Kong incorporated company Fosun Holdings, [48] which was a wholly owned subsidiary of British Virgin Islands incorporated company Fosun International Holdings. Three founders of Fosun International, Guo Guangchang, Liang Xinjun and Wang Qunbin, owned 64.45%, 24.44% and 11.11% respectively in Fosun International Holdings. [48] Fan Wei, another founder, withdrew his stake in Fosun International Holdings in September 2015. [48]

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