Guo Guangchang: Fosun Firmly Advances its Globalization Strategy [Yahoo! Finance]
FOSUN INTL LTD UNSP/ADR (FOSUY)
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Source: Yahoo! Finance
Guo Guangchang, Chairman of Fosun International, said at the 2024 Fosun Semi-Annual Working Meeting on 20 July 2024 . "Fosun's globalization is not a strategy which commences today, but has been going on for a very long period of time. We have become one of the few Chinese enterprises rooted in China with the capability to operate globally, that we are particularly proud of it." Fosun has developed along the path of globalization for nearly 17 years. Fosun International started its globalization journey in 2007 when it was listed in Hong Kong . In the following decade, Fosun seized opportunities, continuously allocated global high-quality assets, expanded its diversified businesses, strengthened its industrial chain, and gradually built a global industrial ecosystem in line with its development logic. Today, Fosun has a profound business presence in more than 35 countries and regions around the world. In 2023, Fosun's overseas revenue reached RMB89.2 billion , accounting for 45% of
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