China Poly Group
China Poly Group, by Wikipedia https://en.wikipedia.org/wiki?curid=10061692 / CC BY SA 3.0
#China_Poly_Group
#Conglomerate_companies_of_China
#Government-owned_companies_of_China
#Companies_based_in_Beijing
#Conglomerate_companies_established_in_1993
#Chinese_companies_established_in_1993
#Defence_companies_of_the_People's_Republic_of_China
China Poly Group Corporation (Chinese: 中国保利集团公司; pinyin: Zhōngguó Bǎolì Jítuán Gōngsī) is a state owned Chinese business group among 102 central
state owned enterprises under the supervision of State-owned Assets Supervision and Administration Commission of the State Council (SASAC).
It is both primarily engaged in representing the Chinese defense manufacturing industry in international sales and the world's third largest art auction house (behind Sotheby's and Christie's).
A profile of the company in The New York Times noted the seemingly strange contrast of being able to buy a painting on the third floor and a missile system on 27th of the company's headquarters at New Beijing Poly Plaza.
With the approval of the State Council, China Poly Group Corp.
was set up on the basis of Poly Technologies, Inc.
in February 1992.
Poly Technologies was formed in 1984 as an arms-manufacturing wing of the People's Liberation Army.
After more than 20 years of development, international trading and real estate have been well established as the two core businesses of the Group, the managing director Quan Gui Chen while the culture industry is in cultivation and steady development.
Having its affiliated enterprises and projects in Beijing, Shanghai, Guangzhou, Hong Kong, Shenzhen, Wuhan, Tianjin, Harbin, Shenyang etc.
, the Group Corporation has made significant achievements in capital scale, economic benefits, business management and system construction, characterized by professionalism, scale operation and optimal allocation of resources.
International trading is Poly Group's traditionally focused industry and one of its present core businesse...
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