Yango Longking Group Explained

Yango Longking Group
Type:Private
Industry:environmental protection, education, real estate, finance, international trade
Hq Location City:Fuzhou and Shanghai
Hq Location Country:China
Area Served:Worldwide
Key People:Lin Tengjiao (CEO)
Num Employees:28,670[1]
Num Employees Year:2021
Revenue:US$36.3 billion
Revenue Year:2021
S:阳光龙净集团有限公司
P:Yángguāng lóng jìng jítuán yǒuxiàn gōngsī
L:Sunshine Longjing Group Company Limited

The Yango Longking Group (Chinese: s=阳光龙净) is a Chinese private company active in the financial and construction industry.[2] [3]

Yango Longking was founded in 1995 as Yango Financial Holding Investment Group Co., Ltd, adopting its current name in 2018.[4] Its headquarters are in the Fuzhou International Finance Center and North Bund, Shanghai.[5]

Yango Longking was ranked 332nd in the Fortune Global 500 for 2021.[1]

The company received a bailout from the state-owned China Huarong Asset Management in August 2022, in what was described by the South China Morning Post as "the result of Beijing seeking the stabilisation of the property market."[6]

Notes and References

  1. Web site: Yango Longking Group | 2022 Global 500. Fortune.
  2. Book: Солодовников, Александр. Социально-экономическая география зарубежной азии, австралии и океании 2-е изд., пер. и доп. Учебник и практикум для академического бакалавриата. May 15, 2022. Litres. 9785041637095 . Google Books.
  3. Web site: Selon « Fortune », les groupes chinois et américains sont désormais au coude à coude. July 24, 2019. Les Echos.
  4. Web site: Roadshow Presentation, Yango Group Ltd.. October 2020.
  5. Web site: 简介. www.yangoholdings.com.
  6. Web site: Loans, debt rejig for two Chinese developers, as Beijing continues bailout. August 8, 2022. South China Morning Post.