Why OCT is a central enterprise?

As OCT Group Co., Ltd. is a central enterprise directly managed by SASAC the State Council.

OCT Group Co., Ltd. was born in Shenzhen, the frontier of reform and opening up. It is the first batch of national cultural industry demonstration parks, the top 30 national cultural enterprises and the top 20 national tourism groups. For eight years in a row, the Group won the A-level evaluation of the annual performance appraisal of the State Council State-owned Assets Supervision and Administration Commission. In 20 18, the operating income exceeded 100 billion yuan, the total profit exceeded 20 billion yuan, and the total assets reached nearly 450 billion yuan, ranking among the top 20 state-owned enterprises in terms of benefits, and ranking before10 in terms of revenue and profit growth.

Over the years, OCT Group has devoted itself to improving the quality of life of China people through its unique creative culture. Among them, Konka, Happy Valley Chain Theme Park, splendid china Chinese Folk Culture Village, Window of the World, East OCT, Happy Coast, Portofino Town, Pure Waterfront, OCT -loft OCT Contemporary Art Center, OCT Hotel and Ruitu Hotel in Venice are all leading brands in the industry.

In the early days, the Group explored the entrepreneurial model of "tourism+real estate" in practice, expanded its social influence with tourism, and fed back tourism with real estate income, achieving positive interaction and achieving certain results.

In the new era, OCT closely follows the national new urbanization strategy, and under the guidance of the five development concepts of "innovation, coordination, green, openness and enjoyment", it puts forward the innovative development models of "culture+tourism+urbanization" and "tourism+internet plus finance", supporting Konka to actively promote the strategy of "science and technology+industry+urbanization", and through the "culture" and "industrialization" of the industry. It has formed investment in cultural industry, tourism industry, new urbanization, electronic industry and related businesses, explored the "culture+"model, comprehensively innovated from the dimensions of strategy, system, technology, products and business model, formed a road of characteristic development, and realized leap-forward development.

Driven by the new strategy, OCT will continue to expand the scale of industrial operation, actively promote the reform of mixed ownership, move towards a world-class enterprise with global competitiveness, and lead China's cultural tourism industry, new urbanization and electronic industry to develop continuously.