Gao Zhenshun
Ko Johnson Chun-shun (born 1951) is a Hong Kong businessman known as the “King of Industrial Shells.” He serves as Vice Chairman of Sien Feng Services Group Limited, Chairman of the Board of Jingdian International Limited, former Vice Chairman of the Board of Unified New Energy Group Limited, and Executive Director of Ruidong Group Limited. He is the father of model and actress Sherine Ko.
Early life and career
Born in Fujian Province, Ko began his career as a tailor. He moved into foreign exchange and built over thirty years of experience in international trade and industry. In 1992, he began acquiring stakes in a series of listed companies, including Zhimeng International (predecessor of Geely Automobile), Youli Telecom (predecessor of China No.9 Health Industry), Kaiwei International (predecessor of Sien Feng Services), and Liangji Group (predecessor of View Power Development). He later sold these investments to both private and state-owned enterprises such as CITIC Group.
Ko then acquired companies with financial difficulties, including Hong Kong Pharmaceutical Group (predecessor of Unified New Energy),[1][2] Asia Telecom Media (predecessor of Ruidong Group), Jingdian International, Yongheng Strategy, Happy Media, Shengyuan Holdings, Guangqi Science, Lajin Online Entertainment, EDS Wellness Holdings, and Shunchang Group.
Family involvement
His son Ko Hin-ting serves on the board of Gelonghui Hong Kong. Although there were reports that Johnson Ko invested in the mainland version of Gelonghui, he strongly denied such claims.[3]
Major transaction
On April 13, 2015, a family consortium led by Ko’s Ruidong Finance, together with Hospital Authority Chairman So Chak-kuang, former Culture China Media chairman Dong Ping, film directors Xu Zheng and Ning Hao, and investor Gordon Gao, agreed to subscribe for 1,731,416,556 shares of 21 Holdings Limited for HK$680.6 million. The company was subsequently renamed Happy Media Group Limited.[4][5][6]
Reputation
Because of his successful strategy of turning around—or “shelling”—industrial stocks, Ko earned the nickname “King of Industrial Shells.” He maintains a low public profile despite his prominence in financial circles.
References
- ↑ https://zh.wikipedia.org/wiki/%E9%AB%98%E6%8C%AF%E9%A0%86#cite_ref-1
- ↑ https://zh.wikipedia.org/wiki/%E9%AB%98%E6%8C%AF%E9%A0%86#cite_ref-2
- ↑ https://zh.wikipedia.org/wiki/%E9%AB%98%E6%8C%AF%E9%A0%86#cite_ref-3
- ↑ https://zh.wikipedia.org/wiki/%E9%AB%98%E6%8C%AF%E9%A0%86#cite_ref-4
- ↑ https://zh.wikipedia.org/wiki/%E9%AB%98%E6%8C%AF%E9%A0%86#cite_ref-5
- ↑ https://zh.wikipedia.org/wiki/%E9%AB%98%E6%8C%AF%E9%A0%86#cite_ref-6