Amer International Group

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Amer International Group (正威集团)
Private
IndustryConglomerate
FoundedJune 1995; 24 years ago (1995-06) in Shenzhen, China
FounderWang Wenyin
Headquarters
Area served
Worldwide
Revenue505,118,260,000 renminbi[1] (2018) Edit this on Wikidata
OwnerWang Wenyin
Number of employees
17,886
Websitewww.amer.com.cn

Amer International Group Ltd (Chinese: 深圳正威 (集团) 有限公司) is a hi-tech industrial enterprise, mainly dealing in new and innovative non-ferrous metals and non-metallic materials. The company was founded by Chinese business magnate Wang Wenyin. At the moment the company has four domestic headquarters located in Shenzhen (head office), Shanghai, Tianjin, Chongqing and three international headquarters in Singapore, Geneva and Los Angeles. Amer International Group has six major business sectors and investment fields: health care, energy, finance, manufacturing, resources and culture.

Amer International Group 18 industrial parks, 3 commodity exchange centers and one technology and innovation center are located across 13 different provinces making it a large employer and weaving Amer into the fabric of communities across China. The company’s development strategy is closely linked with the national economic development plan. The Group strives to build an integrated value chain, deliver top quality products and be known as a reliable and reputable service provider. Through these methods, Amer plans to join the ranks of the World's Top enterprises.

The company was founded in 1995 in Shenzhen and developed with incredible speed. During the last 5 years Amer has risen from 397th (2013) to 111th (2018) place at the Fortune Global 500 list with a turnover of $72.766 billion and net profit of $1.545 billion (2018). In 2018 Amer was ranked as 2nd largest private manufacturing enterprise and 3rd private enterprise within China.

Global Ranking
Ranking list Year
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Fortune Global 500 list 397st 295st 247st 190st 183rd 111th
Top 500 Enterprises of China 461st 196th 118th 81st 59th 50th 45th 40th 41st 27th
Top 500 Enterprises of China's Manufacturing Industry 264th 94th 49th 30th 20th 18th 15th 12th 12th 6th
China Top 500 Private Enterprises 5th 5th 5th 3rd
China Top 500 Private Manufacturing Enterprises 4th 3rd 2nd

In 2015, American molybdenum mineral development, exploration, and mining company General Moly announced a strategic partnership with Amer International Group.[2] According to the terms of the partnership, Amer acquired 40 million of Moly's shares and procured a $700 million loan for the development of the Mt. Hope Project.[2]

The company was also in talks to buy English football club Southampton for £246 million in March 2017.[3]

References[edit]

  1. ^ https://finance.sina.com.cn/zt_d/2019_zq500qbd/.
  2. ^ a b "General Moly Announces Strategic Partnership with AMER International Group to Become a Major Shareholder". www.businesswire.com. Retrieved 2017-07-05.
  3. ^ Editorial, Reuters. "China's Amer, CITIC line up rival bid for Southampton - source". Reuters UK. Retrieved 2017-07-05.