Tiens Biotech Group

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TIENS
Type Private
Industry Pharmaceutical
Founded 1995
Founders Li JinYuan, (CEO)
Headquarters Tianjin, People's Republic of China
Area served People's Republic of China
Key people Dr. Wenjun Jiao,(CFO)
Eric Doering, General Counsel
Yupeng Yan, VP HR, Admin
Ping Bai, Exec. Asst. to President
Cindy Lu, Secretary
Socorro M. Quintero, Director
Howard R. Balloch, Director
Gilbert D. Raker, Director
Products Pharmaceutical
nutrition supplement
Revenue Increase$77.2 million USD (2010)
Net income Increase$27.7 million USD (2010)
Employees 1,549 (31 December 2010)
Subsidiaries Tianjin Tianshi Biological Development Co., Ltd.
Tiens Yihai Co., Ltd.
Website http://www.tiens.com/

Tiens Group Co. Ltd (Tiens Group) is a multinational conglomerate based in Tianjin, China. It was founded in 1995 by Mr. Li Jinyuan in Tianjin China, began its march into the international market in 1997. Tiens Group focuses on industrial capital, trading capital and financial capital. Its businesses cover fields like biotechnology, health management, hotel and tourism industry, educational training, e-commerce, finance investment and real estate. Tiens Group has set up branches in 207 countries and regions. Tiens has however been accused of selling fake medicine, running a pyramid scheme, and making dubious medical claims.[1]

Tiens Headquarters[edit]

With the development strategy of great health industry, Tiens International Health Industrial Park and Tiens International University, sponsored by Tiens Group, are planned to cover an area of 4.2 square kilometers with total investment of RMB 17 billion Yuan. Tiens International Health Industrial Park is a comprehensive industrial park including product research & development, product pilot, product manufacture, biological health study, hospitality industry, exhibition economy and so on. There is a "great health innovative technology system" basing on its R&D centers and QC centers with international standard; a "great health production logistics system" relying on its modernized manufacturing shops and automatic warehouses; a "great health service system" depending on Tai Ji Sun Hospital International Health Management Center, hotels, conference centers; a "great health education system" being backed by Tiens International University, parts of which have been implemented in an orderly manner, so as to form a chain of health industry linked up with the flow of human resources, products, finance and IT; and it is believed that Tiens International Health Industrial Park will, on this basis, grow into a "great health industry cluster" in its true sense, and lay a more solid foundation and provide even more opportunities for the development of Tiens Group.

Charity[edit]

Tiens Group has been adhered to its charitable philosophy of "originating from society and therefore contributing to society" and has been actively taking on corporate social responsibility. Tiens Group has donated thus far more than RMB 1.5 billion to public welfare and social charities. A high quality workforce of professional talents, together with a localized and well regulated management, has contributed to the internationally strategic goals of Tiens Group. In addition, Tiens Group has an unbeatable international team in terms of research, innovation and professionalism, including more than 10,000 employees; 35% of which hold master's degree or higher. Based on the theory of "Business-oriented Thinking, Refined Management, and Refined Service", Tiens Group is currently practicing the advanced theories of "New Swap and Alternative Theory", "Consumption Makes Wealth, Operation and Consumption Makes More Wealth" as a foundation, guaranteed with the perfect operation management system and well-designed regulations, to take big strides towards World Top 500 with great confidence for the development of Chinese national industry. It is learned that Tiens Group has Tiens high calcium milk powder as a high-end nutritional supplements in the market at home and abroad focused on marketing, is now sold in Europe and the United States more than 110 countries, and its price higher than Many other brand, 400g of high calcium milk powder for example: Tiens 128 RMB, Guangming 20 RMB, Sanlu 25 RMB, Nestle 28 RMB. The final test shows that the Tiens high calcium milk contains "melamine"! In 2012 Tiens closed its operation in USA & Canada. Li Jinyuan, president of Tiens Group, had said that the company planned to open 400 outlets in China within three years and set up 1,000 directly-managed supermarkets by 2009. By 2010, BannerStore would have 4,000 supermarkets around the world by direct management and franchise. So far, although BannerStore says on its official website that it has more than 500 stores in 105 countries, including the United States, Britain, Germany, Russia, and Indonesia, it has few stores in China. Statistics on the website shows that the company only owns three BannerStore supermarkets and 32 BannerExpress convenience stores in China.

See also[edit]

References[edit]

  • [1] 2008 Annual Report.
  • [2] SEC filing detailing Tiens Yihai Co. Ltd. stake transfer to Tianshi International Investment Group Co., Ltd.

External links[edit]