Man Shi Group
Updated: 2020-05-13 Print
Founded in the early 1990s in Ordos city in North China’s Inner Mongolia autonomous region, Man Shi Group is a diversified private company that integrates the coordinated development of businesses such as coal, real estate, tourism and culture, department stores, modern logistics, financial services and organic agriculture.
Since its establishment, the group has paid a total of more than 10 billion yuan ($1.41 billion) in taxes to the state and localities and has spent nearly 400 million yuan on social welfare activities, such as helping the poor and donating aid to schools.
Currently, there are more than 50 member companies of the Man Shi Group.
They have participated in the establishment of Zhongtian Hechuang Company — a large-scale modern coal, deep-processing enterprise integrating coal, coal chemical products and power production.
The company now owns five large-scale modern production coal mines, produces and sells low-ash, low-sulfur, low-phosphorus and high-calorie environmentally friendly and high-quality thermal coal and has a nationwide sales network.
Meanwhile, the group invested 200 million yuan to establish Ordos Manshi Small Loan Co, which has made positive contributions to the prosperity of the regional economy and the promotion of local economic development.
Man Shi Group was included among the Inner Mongolia Top 100 Private Enterprises at the third Inner Mongolia Entrepreneurs Convention held on Sept 18, 2019 in Wuhai.
Over the next few years, the company plans to accelerate the pace of its transformation and upgrading and strive to use the next 10 years to achieve annual operating income of more than 50 billion yuan and total assets of more than 50 billion yuan.
It has also set a goal to enter the ranks of China's top 100 enterprises.