Chung Nam Group of Companies explained

Chung Nam Group is a Hong Kong-based watch and clock movement manufacturer. The Chung Nam Group comprises Isa Prestige Time, Roamer, and Isa. It has plants based in China, Hong Kong, and Switzerland. Isa movements are used in mid-line watches.

In recent years, Chung Nam Corporation has expanded into a global corporation of technology, manufacturing, and retailing. Chung Nam Group has a long history and has grown into one of China's leading Companies. Its business now includes CN Watch, CN Innovations, CN Convergence, CN Fashion, CN Lifestyle, and CN Creations.

History

The Chung Nam Group of Companies is based in Hong Kong, tracing its origin back over 70 years. The late Mr. and Mrs. Chong Ching Um founded the group in 1935, engaging in export, manufacturing, and trading in the Southeast Asian markets.[1] [2]

During the 1980s, China’s open door policy enabled the group to concentrate more on manufacturing and embark on the development of precision engineering. During the 1990s, to maintain a leading position in manufacturing, the group began investing in technology and hardware for critical processes. Towards 2000, in-house research and development resulted in a breakthrough with different patents being filed. The group gradually became diversified through acquisitions and establishing new joint ventures.

The group is headquartered in Hong Kong and employs over 100,000 people all over the world. Its managing director is Bob Chong.[3] The group has a focused structure operating with two platforms: (1) technology and manufacturing, and (2) distribution and retailing.

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Notes and References

  1. Web site: Capital . Bain . Bain Capital Invests in CNI Group's major subsidiary, a leading surface treatment and material processing company in Asia . 2022-12-16 . Bain Capital.
  2. Book: Sheng chan li dong xun . 1996 . Hong Kong Productivity Council . 13 . en.
  3. Web site: 2014-11-10 . Total Wonder Signs Letter of Intent with Alpha Peak, Agreement Positions Company to Benefit from China's Latest State Council Tourism Guideline . 2022-12-16 . www.businesswire.com . en.