Restructuring Business Structure | Konka Group Launches Transformation and Upgrade Strategy

On May 21, 2018, the Konka Group held its 38th Anniversary Celebration and Transformation and Upgrade Strategy in Shenzhen. During the 40th anniversary of the reform and opening up, Konka responded to the government's call for reform of the mixed ownership of state-owned enterprises and actively developed a strategic approach to the mixed ownership economy. Focusing on the opportunities of financial service entities, effectively improving the company's business expansion and anti-risk capabilities. In the context of the mixed reform of state-owned enterprises, Konka Group announced the comprehensive deepening of reform, transformation and upgrading strategy.


Konka 38th Anniversary

Konka has restructured its business structure and divided it into four major business groups: Technology Park Business Group, Industrial Product Business Group, Platform Service Business Group, and Investment Financial Business Group. This will enable the transformation and upgrading of the industrial structure. Next, Konka Group stated that it will complete its revenue target of 60 billion yuan by the end of the 13th and complete its revenue target of 100 billion yuan by 2022.

Zhou Bin, president of Konka Group, announced at the press conference that he hopes to establish Konka as 'a world-class company driven by technological innovation and global competitiveness' and that by 2022 it will achieve its ambitious goal of achieving 100 billion revenue.

At the conference, Konka signed a cooperation agreement with Zhangzhou, Suining, Nanjing, Yibin and Haimen government to further develop the technology industrial park business. The total investment of the five regional projects will reach 43 billion yuan.

In addition, Konka also announced its formal entry into the environmental protection, chip industry.

2016 GoodChinaBrand | ICP: 12011751 | China Exports