What happened to the pine cone wealth owned by Cedar?

Following the storm of Cedar Trust, the products of Guo Song Fortune, an internet financial platform owned by Cedar Holdings, a major shareholder of listed companies, were overdue on a large scale, and Cedar Holdings illegally split the product share and sold it to unqualified investors (300,000 copies/share). Recently, a large number of investors will risk their lives to defend their rights in Guangzhou, an epidemic area in COVID-19.

On August 2nd, Beijing time, American Fortune magazine released the list of the world's top 500 companies in 20021year. Cedar Holdings, a private enterprise in Guangzhou, ranked 359th with revenue of US$ 33.8 billion (about RMB 233.4 billion) and ranked among the top 500 companies in the world for four consecutive years.

Since 2065438+2008, Cedar Holdings has focused on industries and accelerated its transformation. In the field of commodities, Cedar Holdings, as a private enterprise with the most complete international network of commodities in China, takes the accelerating global supply chain in recent years as a powerful means to boost the double cycle. Cedar Holdings, on the basis of consolidating its advantages in the domestic market and relying on overseas subsidiaries such as Stemcor, a British steel trading giant, and Integra, a well-known petrochemical supply chain company in Singapore, established a global and multi-category commodity supply chain, which fully played the role of ensuring the smooth import of raw materials and trade of domestic enterprises during the epidemic, effectively broadened the dual-cycle channel of China's manufacturing industry and played an active role in the green and low-carbon transformation process of steel, chemical and other industries.

With the support of Cedar Holdings, Qixiang Tengda, a listed company, maintained the world-leading production and sales of core products such as methyl ethyl ketone and maleic anhydride, strengthened technical cooperation with the world's top chemical enterprises, promoted the world-leading green technology to land in China, and a number of major projects were completed and put into operation or promoted in an orderly manner. Since Qi Xiang Tengda joined Cedar for 4 years, its revenue has increased by 320% and its net profit has increased by 94%, and it has entered a new round of rapid growth in the pro-cyclical industry.

Cedar Trust, a subsidiary of Cedar Trust, is trying its best to deal with historical issues while accelerating business transformation. Since April, 20 19, the historical overdue projects have been successfully settled and paid, totaling more than10 billion yuan, benefiting more than 3,000 investors.