Guanghui Group

Introduction to Xinjiang Guanghui Group
Guanghui Group, founded in 1989, is a Fortune Global 500 enterprise native to Xinjiang, grown under the leadership of the regional Party committee and the people's government. Adhering to the corporate mission of "serving the country through industry and revitalizing Xinjiang through business," the group supports the overall economic and social development of Xinjiang. It has now formed a development pattern with four major industry sectors: energy development, automobile services, modern logistics, and real estate. It owns five listed companies: Guanghui Energy, Guanghui Automobile, Guanghui Baoxin, Guanghui Logistics, and Hejin Investment, with business operations spanning the country and extending overseas, employing nearly 100,000 people. In 2022, the group's total assets reached 257.489 billion yuan, achieving operating revenue of 208.007 billion yuan and net profit of 6.525 billion yuan.
Guanghui Energy (stock code 600256.SH) was founded in 1994 and listed on the Shanghai Stock Exchange in May 2000. In 2012, it successfully transformed into a specialized energy development enterprise. Based in Xinjiang and facing the global market, the company has leveraged its abundant natural gas, coal, and oil resources to establish four major business sectors: natural gas liquefaction, coal mining, coal chemical industry, and oil and gas exploration and development, with LNG, alcohols and ethers, coal tar, coal, and oil as core products, supported by energy logistics.
Guanghui Automobile (stock code 600297.SH) started in 1999, initially forming a nationwide automobile chain sales and service network in 2004, officially establishing Guanghui Automobile Service Co., Ltd. in 2006, landing on the A-share market in 2015, and successfully acquiring BMW's largest dealer in China, Baoxin Automobile (stock code 1293.HK, now renamed Guanghui Baoxin), in 2016. The company has 11 regional companies and over 1,200 sales outlets across the country (including 781 4S stores), with a distribution network covering 28 provinces, autonomous regions, and municipalities directly under the central government, distributing 57 passenger vehicle brands. Its business chain covers the entire lifecycle of automobile services, including vehicle sales, car leasing and financial leasing, used cars, maintenance and repair, and commission agency.
Guanghui Logistics (stock code 600603.SH) began its layout in 2003 and landed on the A-share market in 2016, achieving a "zero" breakthrough for a Xinjiang local commercial trade logistics and supply chain management enterprise on the main board. Currently, Guanghui Logistics is seizing new opportunities from consumption upgrading, actively preparing to build a full-chain smart cold chain logistics base based on cold storage and ambient storage, with logistics information services as a link and urban distribution systems as an extension. It is also rapidly constructing a supply chain platform with commercial factoring and small loan business as entry points, promoting supply chain financial services, achieving transformation from traditional commerce to modern logistics, and striving to become a leading supply chain commerce platform operator along the "Belt and Road."
Guanghui Real Estate, established in 1993, has developed over 150 residential and commercial real estate projects in "six provinces and nine cities" including Xinjiang, Guangxi, Sichuan, Shaanxi, Jiangsu, and Ningxia, with a cumulative development area of 24.98 million square meters, property management area of 16.8 million square meters, heating supply area of 15.45 million square meters, and services to nearly one million users. The company integrates real estate development, sales, property services, urban heating, and commercial leasing, and is the largest real estate enterprise in the five northwestern provinces.
While vigorously promoting the steady development of various industries, Guanghui Group consistently upholds the leadership of the Party and places high importance on Party building. In 1993, the group took the lead in establishing a Party organization among non-public enterprises in Xinjiang. Currently, it has 35 Party committees, 212 grassroots Party organizations, and over 6,300 Party members. In 2017, the group's Party committee established a discipline inspection and supervision committee, adhering to serving enterprise development, highlighting supervision and safeguard functions, ensuring effective service, robust support, and efficient supervision, safeguarding the production and operation of the enterprise. The Party building work has received high recognition from Party committees at all levels, and the group's Party committee has successively won honors such as "National Double-Strength Top 100 Party Organizations" and "Advanced Grassroots Party Organization of the Autonomous Region."
In fulfilling social responsibilities, the group has always adhered to the coordinated development of economic and social benefits. Since its establishment, it has directly donated 500 million yuan to various sectors and impoverished areas. In the past five years, the group's total social contribution reached 61.4 billion yuan, with cumulative taxes exceeding 22 billion yuan.
In terms of cultural and sports development, the group focuses on creating two distinctive cultural brands: Guanghui Men's Basketball Team and Guanghui Art Museum. Guanghui Men's Basketball Team was established in 1999 and entered the Chinese Basketball Association (CBA) league in 2002, winning the CBA championship once and finishing as runner-up four times, representing China to win the Asian Basketball Club Champions Cup once and finishing as runner-up once, and representing Xinjiang to achieve the runner-up position in men's basketball at the 13th National Games. Guanghui Art Museum is located in Tianfu New Area, Chengdu, with a total construction area of over 70,000 square meters. Once completed, it will become an important public service platform for promoting Chinese traditional culture and modern and contemporary ink art.
For the present and the coming period, Guanghui Group will be guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era and the spirit of the 19th National Congress of the Party, firmly implementing the general goal of Xinjiang's work, and basing itself on the new starting point of entering the Fortune Global 500. With the mission of "serving the country through industry and revitalizing Xinjiang through business," and practicing the Guanghui coordinates of "seriousness, dedication, passion, conviction, and determination," the group will take comprehensive improvement of development quality as the core guiding ideology, embark on a new journey of the group's "third entrepreneurship," and contribute all wisdom and strength of Guanghui people to building a internationally competitive renowned enterprise, forging the centennial foundation of Guanghui, achieving the general goal of social stability and lasting peace in Xinjiang, and realizing the "Chinese Dream."