ABOUT

Collaboration

RECON stresses a collaboration-oriented corporate culture and is committed to exploring and improving a more interactive, more efficient, and more streamlined business management model. RECON believes that effective team collaboration can maximize the value of individuals, technological tools and other resources. Whether you are a senior industry expert or a professional novice, RECON emphasizes teamwork, multi-disciplinary communication and multi-cultural integration. People at RECON firmly believe that “common goals lead to common action” and perfectly combine experts’ expertise with the team spirit of co-creation. 


1963
RECON Founded in U.S.
GROUP PROFILE

RECON GROUP is a multinational conglomerate group company aiming for providing service for better life of all human kind. RECON was founded in 1963 in America and reformed in 1999, now headquartered in China. Some of the predecessor firms had distinguished histories dating back more than 100 years which enrich the firm profound culture. It has been growing rapidly into a large multi-industry network as well as technology and financial services oriented platform by taking the advantages of China economic growth during the past two decades. Now the group includes 5 listed companies in different industries, owns and manages more than 22 brand firms and hundreds of subsidiaries, with more than 35,000 employees in 75 countries.

The group company operates in six business sectors:

1) IT (IT Infrastructure and Smart City Service);

2) Health (Agriculture and Healthcare);

3) Logistics (Logistics, Clean Energy and Smart Transportation);

4) Culture (Sports, Entertainment and Tourism);

5) Engineering (Engineering and Design);

6) Finance and Capital

RECON is dedicated to reconstruct the mechanism of resource allocation around the world, integrating information and communication technology with traditional industries, city management, and modern life.


1969

 European Markets Opened up

Creation

RECON encourages every team member to be an independent thinker and has gradually formed the organizational endowment of “integration and creation”. In addition, with a multi-disciplinary and multi-cultural team, RECON China has developed the methods and philosophy to make continuous progress via innovation and evolution. RECON is leading industry trends and direction by expanding its consulting services and tapping its professional potential. For example, leading the “green and sustainable development” trend, RECON has introduced more diversified and extensive content and elements, such as low-carbon analysis, green operations, and maintenance planning. We believe that a continued passion, an open mind and “empathy implants” are essential factors for professional success.


IT Infrastructure and Smart City Services

RECON is the earliest group entering the emerging smart city industry in China. With over 20 years research and practice experience in this field, RECON has established an ecosystem platform through partnerships and acquisition  with a collection of  cutting technology firms across many industries - public utility infrastructure, network equipment, telecom and wireless, big data analytics, electronics equipment, software applications and service provider.

Among them TEAMAX (Listed in Shenzhen Stock Exchange: 000662) is the most competent service provider for the integrated solutions of smart city planning, construction and operation. As the leading information technology firm, TEAMAX has accomplished projects for Building Digital City and Smart City in more than three hundreds cities in China, with a market share of over 40%. Recon’s strategic partner China Smart City Science Research Institution is recognized as one of the authority and has participated in setting technical and management standard for digital city management system and smart city system along with Technical Standard Committee of MOHURD. In 2013 and 2014, it was ranked by Forbes magazine for the top 100 Most Potential Enterprise in China.

RECON has committed to make the cities manageable, livable and sustainable by enhancing the sector's strength in new technology, quality and brand in the cognitive era.

RECON provides service of the whole smart city industry chain including consulting and service in projects framework and investment, planning and design, implementation and construction, and also operation, management and maintenance. More specifically, RECON is capable of planning, installation and operation of public infrastructure, internet equipment, telecom and wireless, big data platform, electronics equipment, software engineering and so on.

Due to rapid urbanization of China in the past 20 years national wide, RECON took advantage of Chinese government urbanization program and completed 4,000 projects in 300 cities. As one of the earliest group entering the emerging smart city industry in China, the group company became the pioneers and leading company in the field of smart city and also IoT (Internet of Things) technology. RECON has a market share of smart city projects over 40% and is still growing, and was one of the constitutors of China’s national technical and management standard for digital city management system and smart city system.

With over 20 years of research and practice in the field, RECON has established an ecosystem through partnerships and with a collection of technology firms and series of acquisitions across many industries.

RECON is committed to make cities livable, sustainable and manageable by enhancing new technology, sustainable environment and life quality.

1983

 Lotus Gourmet(Lotus Health Group) Founded


Commitment

RECON considers integrity, honesty and morality as the basic standards of talent evaluation and hopes to win the trust and respect of business partners with its professional commitment. RECON requires all employees to be responsible and dedicated in the provision of consulting services. Besides meeting customers’ technical standards and requirements in the implementation of complicated projects, RECON’s employees are also ready to satisfy any reasonable demand that our customers make from different perspectives. RECON hopes to fulfill its commitments to customers, employees, and the community through the continuous integration of resources. RECON believes that the decisive factor of success in the world not lies in who is the most powerful or most intelligent, but who is the most willing to accept changes in a responsible manner.


Health & Agriculture

The Health and Agriculture segment manages three types of businesses:  modern agriculture, total foods and health care. This division overviews twelve brand firms in China and abroad including the Lotus Health Group (Listed in Shanghai Stock Exchange: 600186).

Lotus Health Group is the largest glutamic company in China and the second large glutamic company in the world. Upon changing its CI and name from "Lotus Condiment" to “Lotus Health", the company is recreating itself as the leading total food company and health service provider by establishing the new structure to bio-technology oriented health producer responding to fast-changing customer needs and environments. As the famous condiment brand with strong distribution network and customer affinity, Lotus has over 10000 distributors in China and over 40000 distributors in 70 countries globally. By 2015, the brand value worth was 5.596 billion RMB. It has 12000 employees and 15 subsidiaries at domestic and abroad, aiming to be the most respected foods and health service provider in the world.

The Health and Agriculture sector manages whole industrial chain of healthy living including three types of businesses: modern agriculture, healthy food and healthcare. Recon is connected with more than 40,000 distributors worldwide and its products sold in 70 countries, with over 12000 employees and 15 subsidiaries domestically and abroad. One of the major brands Lotus Health was valued over 8 billion RMB in 2015, with a listed company Lotus Health Group Cooperation Limited (Shanghai Stock Exchange: 600186), which is the largest glutamic company in China and the second large in the world.After acquired by Recon, Lotus Health is recreating itself as the leading healthy food provider, along with customized C2B health-related service through IoT Technology. It is aiming to be the most respected foods and health service provider in the world.

1993

YAAN Founded


Logistics, Clean Energy and Smart Transportation

New Energy and Smart Transportation segment includes 3 business domains: clean-energy and smart vehicles, intelligent logistics & storage, Urban transportation management & operation.Recon is one of the pioneer investors engaging in new energy and smart transportation business in China. RECON began investing projects before Chinese government released supportive policies encouraging companies from non-traditional auto industry to collaborate with existing traditional manufacturers. Recon has accomplished strategic arrangement with investment of the collection of leading companies in the industry chain including automation and electronic control, new power battery, engine, electric vehicles, auto assembly and autonomous car manufacturing. Among them, BUSBAR makes a 60% market share of electronic control and 30% of charging connecter, holds more than 140 patents, and works with customers in more than 10 countries including BMW, Schneider, Volkswagen, Tesla, BAIC, BYD, Nanjing Jinlong, Ferrari, etc.Recon aims to develop a smart logistic system by integrating global storage network with outstanding information managing system. Recon has been building standardized transportation system and quality record system to develop urban and rural logistics for many years. Meanwhile, the group makes investments and acquisitions on intelligent warehouse management system with automated storage/retrieval and smart terminal controller.Recon also works with government agencies to invest public transportation infrastructure including light-rail system and subway in several cities, supported by strategic partner alliance. Recon offers a comprehensive yet localized solution for civil planning and infrastructure construction,dynamically deploys resources, redistributes public facilities.

RECON also builds modern logistic systems, connecting resources around the world efficiently. The logistics sector includes 3 business domains: clean- energy and smart vehicles, smart logistics and warehouse, Urban transportation management & operation. The goal is to create a smart logistic system by integrating global warehouse and storage network with information managing system. RECON has been building standardized transportation system and quality-recording system to develop urban and rural logistics for many years. Meanwhile, the group makes investments and acquisitions on intelligent warehouse management system with automated storage/retrieval and smart terminal controller.

RECON works with government agencies to invest public transportation infrastructure including light-rail system and subway in several cities, supported by strategic partners. RECON offers a comprehensive yet localized solution for civil planning and infrastructure construction dynamically deploys resources, redistributes public facilities, and becomes one of the pioneer investors engaging in new energy and smart transportation business in China. RECON has accomplished strategic arrangement with investment of the collection of leading companies in the industry chain including automation and electronic control, clean energy battery, engine, electric vehicles, auto assembly and autonomous car manufacturing.

1996

Lotus Publically Listed


Engineering and Design

Recon Engineering & Design is the leading Design and Consultancy service includes four entities in urban planning and design, building and architecture design, landscape and nature resource planning and civic engineering and construction. Working in partnership with clients from public and private agencies globally, Recon Engineering and Design segment deliver exceptional and sustainable outcomes through a strong pool of knowledge and resource with 1500 experts in different disciplines.

XWHO is among top three urban planning and design agencies and is one of the only two international and non-state owned institutions issued the qualified certification of urban planning and design. XWHO has completed lots of socially influential projects such as the design of the 2008 Beijing Olympics Greens and 2010 Shanghai Expo. Overall, XWHO led over 500 urban planning projects for new districts across the country making enormous contribution to the fast China urbanization process. XWHO was ranked as the top 10 admired firms by Forbes magazine in 2011, 2012.

Considering the talented employees — including architects, engineers, designers, planners, scientists and management professionals - as the most cherished assets, RECON Engineering and Design sector continues to serve clients in order to make a better living environment and improve the quality of life for people around the world.

RECON Engineering & Design entities provide prominent service in urban planning and design, building and architecture design, landscape and nature resource planning and civic engineering and construction. Working for clients from public and private sectors globally, RECON Engineering and Design delivers exceptional and sustainable outcomes through strong professionals with exceptional experience and knowledge, and resource with 1500 experts in different disciplines.

RECON has completed various design projects worldwide and has completed lots of socially influential projects such as the design of the 2008 Beijing Olympics Greens. RECON in total has delivered over 500 urban planning projects, making enormous contribution to the fast urbanization process.

RECON considers its talented employees — including architects, engineers, designers, planners, scientists and management professionals - as the most cherished assets, and continues to serve clients to create a better living environment and to improve the quality of life for people around the world.

1997

XWHO Founded


Sports, Entertainment and Tourism

Recon has set up local partnership companies with municipal administration to provide intellectual information management platform for tourism services. In major cities, by collecting and analyzing data and information from 'big data' platform, these companies match tourism resources with travelers’ demand and offer all-in one service, which helped build an attractive tourism branding and create a sustainable consumption growth. Intelligent Tourism Project in SanYa, one of the most famous tourism cities, has been considered as the applicable example to be promoted nationwide.

Recon maintains a long-term strategic partnership with Jiangxi Changyun (SH. 600561), China CYTS Tours (SH.600138), Guilin Tourism (SZ000978), Jinggangshan Tourism and Jiuzhaigou Tourims.

Recon enters the Sports and leisure culture industry recently, with investment of influential projects in progress.

RECON also works on healthy lifestyle and culture industry through business in sports, entertainment and tourism. RECON’s acquisition of Aston Villa Football club connects healthy living and leisure industry. Recon is promoting healthy body and healthy minds through the spirit of sports. On the other hand, RECON is also building a football theme park with the global popularity and fan clubs of AstonVilla, developing sports tourism and related healthy food industry, to integrate the different business sectors of itself.

On the other hand, RECON also has set up local partnership companies with local authorities to provide smart tourism programs including intellectual tourist information management platform. By collecting and analyzing data and information, these companies allocate tourism resources according to demand of tourists and offer all-in one service. The smart programs helped build attractive tourism branding and created sustainable consumption growth.

1999

XWHO Entered CHINA


Finance and Capital

RECON Capital includes project types of Private Equity, Public Offering of Funds, alternative asset management, Investment and Wealth management, E-payment, Commercial loans and leases, Securities and Insurance. 

RECON's investment philosophy is to invest in the field that support or upgrade industry chains such as technologies, and invest in global business that can benefit from the growth of China market. 

RECON invests in the other five RECON business sections, supporting growth-oriented businesses around the world. Its unique approach helps its portfolio companies recognize their potential in collaboration with RECON. Supported by RECON Capital, they grow core businesses, launch new initiatives, make transformative acquisitions, and upgrade technologies to become a more important part in the whole industry chain or ecosystem. 

By 2015, the Private Equity sector manages more than 16.5 Billion USD assets and six M&A funds over 7.5 Billion USD. RECON capital is shaping a better world by providing capital, expertise and resources for a new smart economy globally.


2002

Teamax Founded


2004

XWHO CHINA Merged into RECON Engineer


2009

RECON Finance Founded


2014

Lotus Health Group Acquired, Merged into RECON Health


2015

Teamax Publically Listed


RECON Culture Founded


YAAN Merged into RECON Informatics


2016

Aston Villa Football Club Acquired ,


RECON Culture Publically Listed


CHAIRMAN’S MESSAGE

The history of RECON Group could date back to 1963, when Prof. Charles Harris (who later became my doctoral mentor) and seven other prestigious academic leaders from various disciplines at Harvard University founded Resource Consulting Global Service. Resource Consulting Global Service aims to create a better environment for the world and provide smart programs for the remodeling and reconstruction of resources. In other words, it is committed to building a healthier living environment for human beings with smart ideas and technologies. This is how RECON Group got its brand name. For half a century, RECON has always adhered to this firm belief and original intention in its development.


The past 30 years has witnessed a rapid economic developmentin China. In the new era, with China’s rise representing a general trend, the process of integrating RECON’s values into the exploration of China’s traditional cultural ethics has given RECON new missions and goals. Riding the tide and adhering to “capital-driven industrial development and technology-based economic progress”, RECON has developed into a comprehensive industrial capital group covering six complete industrial platforms, namely IT infranstructure and smart city service, agriculture and healthcare , logistics, clean energy and smart transportation, sports, entertainment and tourism, engineering and design, finance and capital.


We hope to promote the great rejuvenation of Chinese nation with our global vision and values; we hope to develop an intelligent system of thought to influence and boost the popularization and dissemination of Chinese culture; we hope to promote practice in China’s rise, exploit more industrial and economic fields, and establish matchable enterprises with international influence. RECON’s vision is to become the theoretical finisher and technological practitioner of the second economy (smart economy) industry. We are committed to building a smart economic and industrial ecology, constructing the new economic ecosystem from smart production to a smart life with “smart+” technology and ideas, and becoming a new-economy enterprise leading the industrial development of the second economy (smart economy).


A man with a dream has great determination. A man with wisdom has a big heart. We are going to follow our hearts even in the face of great difficulties. We are going to sail against the currents even with just a small boat. Our home is where the heart lies.


RECON HONORS
In 2007, RECON undertook the project for Hangzhou West Lake’s application for world cultural heritage
In 2008, RECON undertook the Beijing Olympic Forest Park central area project
In 2010, RECON undertook the Shanghai World Expo project
In 2012, RECON was ranked among the first 10 of Forbes China Top 100 Potential Enterprises
From 2012 to 2014, RECON was on the list of Forbes China Top 100 Potential Enterprises for three consecutive years
RECON was granted the Significant Contribution Award by Zhejiang Business Research Institute
In 2013, RECON won the Best Employer Award
RECON was granted the Demonstration Project Award by the Ministry of Housing and Urban-Rural Development
RECON set up a postdoctoral research sub-station
In June 2014, “Lotus” was selected as one of “China’s 500 Most Valuable Brands” for the 11th time and was estimated at a brand value of RMB4.462 billion
In November 2011, RECON was recognized as a Chinese Industry Pacesetter Enterprise by the China Federation of Industrial Economics and the China Industry News for the seventh consecutive year
In June 2011, “Lotus” was selected as one of “China’s 500 Most Valuable Brands” for eight consecutive years and was estimated at a brand value of RMB 2.168 billion
In May 2010, RECON was identified as one of the first batch of 41 model enterprises for national trademark strategy implementation by the State Administration for Industry and Commerce


CORPORATE CITIZENSHIP

RECON, living up to the responsibility of “building a smarter and better life,” is actively involved in public welfare. RECON makes corporate citizenship part of its strategy and strives to fulfill its commitments to customers, employees, partners, the environment and the community. It is committed to becoming an outstanding corporate citizen.

Technical and Financial Support
Besidesinvolvement in charity activities, RECON develops public welfare plans on a yearly basis and allocates special funds for public good. In addition, RECON and its subsidiaries invest in and provide support for public welfare and education-related establishments with industry-leading products and technology. RECON has taken concrete action in the following areas to fulfill its social responsibility and reward the community.
Disaster Relief
When the 8.0 magnitude earthquake hit Wenchuan in 2008, RECON immediately initiated an emergency aid program, sending money and supplies to the disaster-stricken area and bringing warmth and care to earthquake victims. In order to help earthquake-stricken areas with prompt reconstruction, RECON’s design team conducted in-depth research into disaster-proof buildings, landscapes and urban planning issues.
Volunteer Activities
RECON encourages employees to participate in social welfare and volunteer activities. Over more than a decade, RECON’s employees have actively taken part in voluntary blood donation. Moreover, they have repeatedly donated books and money for students in poverty-stricken areas.