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A brief introduction to Duofu Group

Duofu International Holding Group Co., Ltd. (hereinafter referred to as "Duofu Group") is one of the top 500 private enterprises in China. Founded in 2003, the company has set up double headquarters in Beijing and Hangzhou, and also set up branches in Chongqing, Xi'an, Changsha, Chengdu and Guangzhou. Its industry covers the first and second tier core cities in China, and overseas regions, such as Hong Kong, Singapore, Japan, Indonesia and so on.

 

Duofu Group adheres to the strategy of "building a business with excellence and winning by diversification", focusing on five business sectors, industry, real estate, trade, investment, and tourism. In 2019,  Duofu Group achieved a revenue of 175.3 billion yuan, ranking 25th among the top 500 private enterprises in China.

 

Duofu Industry sector include mineral resources development, petrochemical and new energy, sheet metal manufacturing, high-end packaging industry, intelligent equipment manufacturing, intelligent meter and water meter, environmental protection industry base, security equipment, marine industry, massive health industry and general aviation industry.

 

Duofu Real Estate sector has developed dozens of urban landmark projects and high-end residential buildings in the first and second tier cities in China, and has arranged various tourism, health, industry and city integration towns in the Yangtze River Delta, Guangdong, Hong Kong and Macao Bay area, southwest Chongqing and northwest Qinghai. It has formed a real estate industry chain covering investment and financing, design and construction, asset management and asset buy out. The total developed building area is over 20 million square meters, with an average annual compound growth rate of more than 50%; Duofu commercial and property management cooperates with mainstream brands such as Red Star Macalline. And acquire new business forms such as Outlets China, covering class A office buildings, star rated international hotels, administrative apartments, shopping mall and high-end residential buildings.

 

Duofu trading sector is mainly engaged in metal and energy bulk commodities, cross-border e-commerce. We shares in Qinghai highland barley and beef and mutton trading platform recently.

 

Duofu investment sector includes merger and reorganization of listed companies, equity and debt investment, and disposal of non-performing assets; it has invested in more than 200 large or medium-sized enterprises including Hang Tian Hailong (SZ000677) and Minsheng International (HK00938), a company listed in Hong Kong.

 

Duofu travel sector cooperates with first-class hotel management companies at home and abroad, such as Hilton, Marriott, CTS China, Junlan, etc., to launch high-end business hotels in central cities. In order to meet the needs of different consumption , we start overseas golf castles hotel, ice and snow , hot springs, snow mountains, flowers and trees, and health care themed resorts all over the world.

 

Since its establishment, Duofu Group has adhered to the business philosophy of "integrity and pragmatism, win-win cooperation". It takes "fortune culture" as the cornerstone of corporate culture, and attract talents worldwide. The total employees of Duofu Group is nearly 30000, more than two-thirds of them have bachelor's degree, more than 200 master's and doctoral degree, and more than 800 professional and technical personnel. A large number of senior managers, technical experts and returnees from the financial sector, judicial institutions, government, enterprises and institutions have joined us.

 

Duofu people take win-win symbiosis as the value origin, and actively perform society responsibility. We share the fruits with all stakeholders. Through Duofu's disposal of non-performing assets and unique design and construction, we can share the joy of home ownership with people, and revitalize a large number of land resources, effectively promoting the modernization and internationalization of the city. After the return of headquarters to Zhejiang province, we actively helped local governments eliminate high energy consumption and high pollution production capacity, and actively participated in marine ecological restoration and biodiversity protection.

 

Duofu Group is enthusiastic about social welfare and actively participates in the targeted poverty alleviation work of "ten thousand enterprises to help thousands of villages" advocated by the state. In the public charity activities such as the glory cause, the fund for good Samaritan, child protection, and the construction of apartments for the elderly, Duofu Group has donated nearly 100 million yuan. Its charitable deeds have been widely recognized by the public, and the corporate has successively won the "top 10 influential brands of Chinese enterprises in 2019" "Enterprise contributing to China's economic year in 2018", "top ten credit brands in credit China industry", "top 10 national brands in China", etc.

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