 |
||||||||||
 |
 |
 |
 |
|||||||
|
Richina Inc. is a unique China-centric investment and holding company with a strong real estate focus, having deployed substantial international capital into China as an active participant in China's extraordinary growth over the past 16 years. Richina and its principals are experienced, battle tested and disciplined investors for the long term, particularly conscious of the underlying asset values of our investments while simultaneously focused on current cash income and profitable exit opportunities. Our current key focus is on the real estate sector. We also focus on highly targeted financial services and State-owned-enterprise (SOE) reform opportunities, particularly when there are associated real estate opportunities. We make our investment decisions based in equal measure on the potential for long-term capital growth as well as strong and consistent current cash-on-cash returns. Our uniqueness derives from our history. Richina traces its history through its predecessor companies in the case of leather manufacturing in New Zealand back to 1888 and in China back to 1903. Today, Richina owns the only leather business in the world that manufactures leather for use in all of the shoe, garment, upholstery, accessory and automotive sectors, and all its manufacturing operations are co-located in Richina's own 75-acre industrial park within metropolitan Shanghai. While maintaining its traditional manufacturing businesses, Richina has shifted its focus over the recent years principally on developing its real estate assets and its financial services businesses based in China, working hand-in-hand with strategic partners and financial investors from around the globe. In all its activities, Richina is committed to adhering to the highest standards of governance, integrity and international best practices. Richina Inc.'s businesses are grouped within four distinct operating sectors, namely: At its core, Richina is the longest lived, independent foreign direct investment manager based in China. Richina closed on its first private equity fund in 1993 and funded its first investment in early 1994, and since that time has completed a large number of deals, both through the original investment funds and through Richina's subsidiaries, resulting in cumulative transaction values exceeding US$500 million in both China and New Zealand. Our active investments in Shanghai currently include: one of the largest and most modern leather tanneries in the world; a variety of leather-related automotive, garment, shoe, luggage and athletic products, and an industrial adhesive and chemical manufacturing businesses; a diverse range of service and transportation enterprises; and over 40 parcels of prime developable real estate properties and 200 plus buildings in Shanghai. In Beijing, we built, own and operate the Beijing Blue Zoo, a walk-through aquarium that is one of the most popular tourist attractions in the center of the capital. In New Zealand, our subsidiary Mainzeal is a leading national construction and property development company. Together, our portfolio companies employ more than 7,000 people globally. Our long history in China and our unwavering and consistent commitment to our portfolio companies, partners and employees have earned us a trust-worthy reputation and strong credentials. This in turn has enabled us to develop strong, predictable and constructive relationships with the Chinese national, provincial, and local governments and authorities. As one of the earliest foreign private equity investors in China, our strategy has evolved with the changing face of China. While having successfully nurtured a number of "greenfield" operating businesses to sustainable profitability, our strength lies not in operating different businesses but in creating unique and complex transactions as well as managing financial and real estate assets. As a result of our long involvement in China, we are now primarily focused on two areas for new investments -- real estate and financial services. These two areas were not open to foreign investors in the early days but now present the most significant opportunities for a firm like ours, which is uniquely positioned to take advantage of such opportunities. Our uniqueness derives from who we are. Richina's principals are experienced international investors and executives. We have diverse operating, financial, legal and investment backgrounds -- all unified by our commitment to China and our pledge to work tirelessly to earn the highest levels of trust from our investors, strategic and financial partners, and governmental authorities. We also have unique investment vehicles that will facilitate such investments. |
||||||||||
 |
||||||||||
