Amer International Group

Amer International Group Ltd (Chinese: 深圳正威 (集团) 有限公司; pinyin: Shēnzhèn zhèngwēi (jítuán) yǒuxiàn gōngsī) is a high-tech industrial enterprise, mainly dealing in non-ferrous metals and non-metallic materials. The company was founded by Chinese business magnate Wang Wenyin. Currently the company has four domestic headquarters located in Shenzhen (head office), Shanghai, Tianjin, and 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
正威集团
Company typePrivate
IndustryConglomerate
FoundedJune 1995; 29 years ago (1995-06) in Shenzhen, China
FounderWang Wenyin
Headquarters,
Area served
Worldwide
Revenue505,118,260,000 renminbi (2018) Edit this on Wikidata
OwnerWang Wenyin
Number of employees
17,886
Websitewww.amer.com.cn

Amer International Group has 18 industrial parks, 3 commodity exchange centers and one "technology and innovation center" located across 13 different provinces.

The company was founded in 1995 in Shenzhen. From 2013 to 2018 Amer rose 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 2019 2020 2021
Fortune Global 500 list 397th 295th 247th 190th 183rd 111th 119th 91st 68th
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.[1] 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.[1]

The company was also in talks to buy English football club Southampton for £246 million in March 2017.[2]

References

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  1. ^ a b "General Moly Announces Strategic Partnership with AMER International Group to Become a Major Shareholder". www.businesswire.com. Retrieved 2017-07-05.
  2. ^ "China's Amer, CITIC line up rival bid for Southampton - source". Reuters UK. 2017-03-02. Archived from the original on 2017-03-18. Retrieved 2017-07-05.