development path
History
Poly Group was included in the World’s 500 Most Influential Brands for the first time, ranking 325th.
China Silk Corporation was merged into Poly International.
Poly Group leapt to the 174th on the Fortune Global 500 list, and identified its “5678” major tasks to forge an internationally competitive, domestically leading “5+1” business system.
Nokia Shanghai Bell Co., Ltd. came under the management of Poly Group.
China Silk Corporation and China Huaxin Post and Telecom Technologies Co., Ltd. were merged into Poly Group.
Sinolight Corporation and China National Arts & Crafts Group Co., Ltd. were merged into Poly Group.
Poly Group was selected as a pilot state-capital investment company.
Poly Group was listed as a Fortune Global 500 company for the first time, ranking 457th with an operating revenue of 26.05 billion U.S. dollars, total assets of 89.41 billion U.S. dollars, and total profit of 3.55 billion U.S. dollars.
The consolidated total assets of Poly Group exceeded 139.16 billion RMB, registering a year-on-year growth of 62.20%, securing Poly’s position among China’s top-performing central SOEs.
Poly Real Estate Group Co., Ltd. was listed on the China A-shares market of the Shanghai Stock Exchange; Poly Property Group was established in Shanghai after successful restructuring and integration.
Poly Culture Group Ltd. was founded and won the auction of three pieces of precious relics, i.e., the Heads of Ox, Monkey, and Tiger, which were looted by the imperialist invaders from the Old Summer Palace (Yuanmingyuan) over a century ago. The long-lost national treasures are stored at the Poly Art Museum.
Poly Group was transferred to the former National Transition Office and then came under the umbrella of the Central Working Committee for Central State-owned Enterprises. Poly Art Museum, the country’s first museum to be run by a major central SOE, was founded.
Poly Group was established, and it acquired the Continental Mariner Investment Company of Hong Kong, gaining its first publicly listed company. China Poly Group Corporation was established, and successfully accomplished the share acquisition of Continental Mariner Investment Company Limited Corp, making it Poly Group’s first publicly listed company.
Under the approval of the State Council and the Central Military Commission, the former General Armament Department (GAD) of the General Staff Headquarters and CITIC Group co-founded Poly Technologies, Inc., tasked with the mission of importing foreign military equipment and exporting domestic military equipment.