Founder Group
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Company type | Government-owned corporation |
---|---|
Industry | IT Pharmaceuticals Real estate Finance Commodities trading |
Founded | 1986 |
Founder | |
Headquarters | , |
Area served | Worldwide[1] |
Revenue | 133,273,930,000 renminbi (2018) ![]() |
Owner |
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Number of employees | 35,000 |
Parent | Peking University |
Subsidiaries | |
Website | founder.com |
Founder Group (
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 "
History
[edit]Founder Group was established in 1986 by Peking University. Professor Wang Xuan of Peking University became Founder's first key person, as the Chinese-character laser phototypesetting system that he invented provided the foundation on which Founder was developed. Wang brought Founder into the television and radio industries, positioned the company to expand overseas, and supported the diversification of the group. By 1989, total orders for the phototypesetting system exceeded 100 million yuan.[7]
Between 1990 and 1994, under the guidance of Wang Xuan, Founder released multiple technologies, including a long-distance newspaper transfer technology, a color desktop publishing system, a computer management system for gathering and editing news, and the new generation of software and hardware systems. Founder's publishing system became the most popular product of its kind, capturing 80% of the Chinese newspaper market in Hong Kong, Southeast Asia, and North America.[7]
Starting in 1991, Founder started developing Chinese PostScript fonts in Windows.[8]
Throughout the late 1990s, publishing systems developed by Founder's researchers dominated the domestic market. Additionally, they entered the international market, with products being exported to dozens of countries all over the world. In the meantime, Founder Group sold its core technologies with independent intellectual rights to global manufacturers, who then applied these technologies in their products around the world.[7]
In February 2006, professor Wang Xuan died.
In early 2009, the Group established a new three-year development strategy and put forward its development goal to transform itself into a diversified investment holding group.
In 2016 Founder Group sold most of the shares of Founder BEA Trust to Wuhan Financial Holdings Group.[9]
In 2020, the Beijing No.1 Intermediate People's Court ruled out the recognized leader for restructuring five children companies of the group.[10] After three years, the China Banking and Insurance Regulatory Commission principally agreed on the bankruptcy of the group's Founder Financial.[11]
Industry groups
[edit]Founder Group is currently divided into five major industry groups: PKU Founder IT Group (IT), PKU Healthcare Group (healthcare and pharmaceuticals), PKU Resource Group (real estate), Founder Financial (finance), and Founder Commodities (commodities trading).
PKU Founder IT Group
[edit]PKU Founder IT Group (
PKU Healthcare Group
[edit]In 2003, Founder Group, in collaboration with Peking University, established the PKU Healthcare Group (Chinese:
As at 31 December 2015 PKU Healthcare Group owned 40.38% shares of PKU Healthcare (SZSE: 000788).
PKU Resource Group
[edit]PKU Resource Group (Chinese:
Incorporated in 1992, PKU Resource Group itself is currently 40% owned by Peking University and 30% by Founder Group. However, Peking University entrusted Founder Group to manage the company. An additional 30% was owned by a third party (Chinese:
PKU Resource Group formed a 51-49 joint venture PKU Resource Group Holdings with Founder Group.
Founder Financial
[edit]Founder Financial (
Founder Commodities
[edit]Founder Commodities (
Founder International
[edit]Founder International Software Co., Ltd. under Peking University Founder Information Industry Group Co., Ltd., pursues a development model integrating production, teaching, research with application, adheres to the path of independent innovation, and sets the goal of becoming a leading service provider of software and information technology.
Financial performance
[edit]Founder Group earned 24.5 billion RMB (US$2.96 billion) in 2005. The total sales revenue of Founder Group reached 6.5 billion U.S. dollars in 2008. In 2012, Founder Group's total income, total assets and net assets were RMB 61.8 billion (US$9.9 billion), 78.2 billion (US$12.6 billion), and 32.4 billion (US$5.2 billion) respectively.[2]
See also
[edit]References
[edit]- ^ a b "Founder". Founder. Archived from the original on 2020-09-25. Retrieved 2015-03-06.
- ^ a b "Overview_About Us". Founder. Retrieved 2015-03-06.
- ^ "
北京 市 第 一中级人民法院决定书" (in Chinese). Retrieved 2023-03-05. - ^ [1] Archived April 2, 2015, at the Wayback Machine
- ^ "Chinese 'ghost mall' back from the dead - CNN.com". Archived from the original on 2017-02-02. Retrieved 2016-03-21.
- ^ 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
- ^ a b c "
王 选&方正 -方正 历程-方正 集 团介绍 -方正 集 团". Founder.com. Retrieved 2015-03-06. - ^ Founder Font Sample Book(140916
小 册子 .indd),方正 字 庫 大事 記 - ^ "关于
方正 东亚信 托 有限 责任公司 调整股 权结构的批复" (in Chinese). CBRC. 4 November 2016. Archived from the original on 9 January 2017. Retrieved 9 January 2017. - ^ "
北京 市 第 一中级人民法院决定书". Retrieved 2023-03-05. - ^ "
中国 银保监会关于北大 方正 集 团财务有限 公司 破 产的批复" (in Chinese). 2023-02-17. Retrieved 2023-03-05. - ^ "About Us - Founder Information Industry Group". Founderit.com. Archived from the original on 2015-06-22. Retrieved 2015-03-06.
- ^ "
北大 医 疗集团-方正 产业布 局 -方正 集 团". Founder.com. Archived from the original on 2012-06-19. Retrieved 2015-03-06. - ^ "
北大 资源集 团-方正 产业布 局 -方正 集 团". Founder.com. Retrieved 2015-03-06. - ^ "
方正 金融 -方正 产业布 局 -方正 集 团". Founder.com. Retrieved 2015-03-06. - ^ "
方正 物 产集团-方正 产业布 局 -方正 集 团". Founder.com. Retrieved 2015-03-06.
- Peking University
- Government-owned companies of China
- Computer hardware companies
- Companies based in Beijing
- Electronics companies of China
- Computer companies established in 1986
- Conglomerate companies established in 1986
- Chinese companies established in 1986
- Zhongguancun
- Conglomerate companies of China
- Employee-owned companies of China