In 1994,the former CEO Ren Kelei (Chinese:任克雷) started reconstructing OCT group's business structure by cutting from more than 30 industries to only 3 main focusing areas.[4]
In 2000,OCT Group has invested to construct multiple large-scale comprehensive projects,such as Beijing OCT,Shenzhen OCT East,Shanghai OCT,Shanghai Pujiang OCT,Chengdu OCT,Jiangsu Taizhou OCT,Shenzhen Happy Harbor,Yunnan OCT,Tianjin OCT,Wuhan OCT,Xi’an OCT,Qingdao OCT,and so on.[citation needed]
In 2004,OCT had been granted a title of the first batch of “National Culture Industry Demonstration Base”by the State Ministry of Culture and had been granted the title of one of the first two “National Culture Industry Demonstration Park Area”by the State Ministry of Culture in August 2007.[citation needed]
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