Guangdong Guangxing Holdings

Guangdong Guangxing Holdings Group Co., Ltd. (广新集团) is a wholly state-owned enterprise under the Guangdong provincial government. Its predecessor, Guangdong Foreign Trade Group Co., Ltd., was established in 2000. In 2011, it was renamed Guangdong Guangxin Holdings Group Co., Ltd. In 2019, Guangxin Holdings Group and Sifang Group underwent restructuring and merger to form the new Guangxin Holdings Group. In 2019, the group reported operating revenue of 67.2 billion yuan and ranked 317th among China's top 500 enterprises, 120th among China's top 500 service enterprises, 93rd among China's top 100 multinational corporations, and 13th among Guangzhou's top 100 enterprises. Eleven of its subsidiaries were listed among Guangdong's top 500 enterprises, and it was rated AAA for entity credit. According to Chinese Wikipedia, it is a provincial state-owned capital investment company focusing on emerging industries and the first provincial state-owned enterprise in Guangdong to enter the Fortune Global 500. The group operates across multiple industries and is involved in artificial intelligence development, as evidenced by a September 20 visit from leaders of the United Front Work Department of the Guangdong Provincial Party Committee and the Guangdong Provincial State-owned Assets Supervision and Administration Commission to survey the group's AI construction.

Guangdong Guangxing Holdings Group Co., Ltd. traces its origins to Guangdong Foreign Trade Group Co., Ltd., which was established in 2000. In 2011, the company was renamed Guangdong Guangxin Holdings Group Co., Ltd. In 2019, Guangxin Holdings Group and Sifang Group were restructured and merged to form the new Guangxin Holdings Group. In 2019, the group achieved operating revenue of 67.2 billion yuan. It ranked 317th among China's top 500 enterprises, 120th among China's top 500 service enterprises, 93rd among China's top 100 multinational corporations, and 13th among Guangzhou's top 100 enterprises. Eleven of its subsidiaries were listed among Guangdong's top 500 enterprises. The group received an AAA entity credit rating. According to Chinese Wikipedia, it is a provincial state-owned capital investment company focusing on emerging industries and the first provincial state-owned enterprise in Guangdong to enter the Fortune Global 500. The group has also been involved in artificial intelligence development, with a September 20 visit from leaders of the United Front Work Department of the Guangdong Provincial Party Committee and the Guangdong Provincial SASAC to survey its AI construction.

• 2019

  Guangxin Holdings Group and Sifang Group were restructured and merged to form the new Guangxin Holdings Group.

• 2019

  Reported operating revenue of 67.2 billion yuan; ranked 317th among China's top 500 enterprises.

• 2011

  Renamed Guangdong Guangxin Holdings Group Co., Ltd.

• 2000

  Predecessor Guangdong Foreign Trade Group Co., Ltd. was established.

Provincial state-owned capital investment company focused on emerging industries.

1. 1广东省广新控股集团有限公司gdghg.com
2. 2广东省委统战部、广东省国资委领导一行调研广新集团人工智能建设情况gdghg.com
3. 3Guangdong Guangxing Holdingswikidata.org
4. 4广新集团zh.wikipedia.org