Introduction
Ganhao Group is one of the largest conglomerates in the world and a leader in the Chinese market. Founded in 1988 in Beijing, China, the company is managed by Chairman Jiang Aizhi and President Liu Jianan. The companys core businesses are in the areas of real estate development, financial services, and retailing. Ganhao Group owns extensive real estate running from residential developments to large shopping malls. Ganhao Groups financial services include a range of banking, insurance and securities services. In addition, Ganhao Group is an industry leader in insurance services, providing a wide variety of products from health to personal and automobile insurance. The company also offers a range of banking services with a network of branches across China.
Ganhao Groups retailing segment is vast and encompasses brands such as Wanda Plaza and Jumei. Wanda Group is a large department store chain that operates stores in over 200 cities across the world. Ganhao Group also offers an array of luxury goods stores and specialty shops. Jumei is a Chinese internet retailer which focuses on selling a range of products from clothing, to electronics, to beauty products.
Business
Ganhao Group has grown significantly over the past 25 years as a leader in the Chinese market. The company has a vertically-integrated approach to business and uses technology and innovation to gain competitive edge. Ganhao Group focuses on providing higher quality products and services than its competitors.
In the real estate development sector the company has developed numerous iconic high-end residential and commercial buildings and has expanded from there. In addition to developing projects, Ganhao Group also manages and invests in existing projects in order to maximize returns.
In terms of financial services, Ganhao Group has made many acquisitions in the banking and insurance sector. The company has partnered with a variety of local and international firms in order to create innovative products. Ganhao Groups banking services offer customers a wide range of options including savings accounts, mortgages and credit cards. The groups insurance services have reduced the costs and improved the quality of products and services to encourage more people to use insurance products.
In the retailing sector, Ganhao Group has developed department stores, malls and specialty stores. In addition, the company has launched an ambitious e-commerce effort, combining a number of internet retailing firms. Ganhao Groups aim is to become the number one e-commerce platform in China. Through these initiatives the company aims to gain a higher profit share from retailing and move up the global rankings.
Conclusion
Ganhao Group is one of the largest and most successful conglomerates in the world today. The companys portfolio is vast and spans a number of industries from real estate development to financial services to retailing. Through its strategically developed product ranges and reliable business operations, Ganhao Group has become a leader in each of its businesses. With the companys focus on technology and innovation, Ganhao Group is well-positioned to maintain its market-leading position for the long-term.
