New Beijing Poly Plaza in 2017
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Native name
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中国保利集团公司 |
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Romanized name
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Zhōngguó Bǎolì Jítuán |
Founded | 1999 |
Headquarters | Beijing, China |
Key people
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Zhengao Zhang (President and Director), Xu Wang (Vice President), Ming Xue (Vice President), Wang Lin (Vice President) |
Website | www |
China Poly Group Corporation (Chinese: ; pinyin: ) is a state owned Chinese business group among 102 central state owned enterprises under the supervision of State-owned Assets Supervision and Administration Commission of the State Council (SASAC).
It is both primarily engaged in representing the Chinese defense manufacturing industry in international sales and the world's third largest art auction house (behind Sotheby's and Christie's). A New York Times profile of the company noted the seemingly strange contrast of being able to buy a painting on the third floor and a missile system on 27th of the company's headquarters at New Beijing Poly Plaza.
With the approval of the State Council, China Poly Group Corp. was set up on the basis of Poly Technologies, Inc. in February 1992.
After more than 20 years of development, international trading and real estate have been well established as the two core businesses of the Group, while the culture industry is in cultivation and steady development. Having its affiliated enterprises and projects in Beijing, Shanghai, Guangzhou, Shenzhen, Wuhan, Changsha, Tianjin, Harbin, Shenyang, Chongqing, Hainan, and Hong Kong etc., the Group Corporation has made significant achievements in capital scale, economic benefits, business management and system construction, characterized by professionalism, scale operation and optimal allocation of resources.