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Yao Zhenhua’s dream: Baoneng Group looks to expand into the auto industry with Qoros stake

SHENZHEN – Yao Zhenhua, as chairman of Baoneng Group, aims to set up a whole industry chain through Baoneng Group being one of the three shareholders of Qoros Automobile Co., Ltd., which can provide a strong support for Yao’s business. Under the background of China’s strict financial risk control, the

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Baoneng Group confirmed as new strategic investor of Qoros

SINGAPORE – China’s Baoneng Group, a modern conglomerate with businesses covering property development, science & technology parks, modern logistics, comprehensive finance and medical health, has been confirmed as the new strategic investor for Qoros Automobile Co., Ltd. Kenon Holdings Ltd., whose wholly-owned subsidiary Quantum 2007 LLC owns 50 percent of

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