Sinobioway Group Co., Ltd. ( zh, Wèimíng Jítuán) is a Chinese company that is focused on pharmaceutical, agriculture, environment management and other bio-technology industries. It is a university-owned enterprises that was launched by

Peking University Peking University (PKU) is a Public university, public Types of universities and colleges in China#By designated academic emphasis, university in Haidian, Beijing, China. It is affiliated with and funded by the Ministry of Education of the Peop ...

in Beijing. , the company was majority (60%) owned by a Peking University professor and other employee of Peking University.

History

Sinobioway Group was incorporated on 19 October 1992 as a university-owned enterprises. The others were

Founder Group Founder Group () is a major Chinese technology conglomerate that deals with information technology, pharmaceuticals, real estate, finance, and commodities trading. It is divided into five major industry groups, each covering a separate industr ...

, ''Jade Bird Software'' and ''Peking University Science Park''. The

pinyin Hanyu Pinyin, or simply pinyin, officially the Chinese Phonetic Alphabet, is the most common romanization system for Standard Chinese. ''Hanyu'' () literally means 'Han Chinese, Han language'—that is, the Chinese language—while ''pinyin' ...

of the Chinese short name Wèimíng Jítuán literally means Anonymous Group (or Unnamed Group). However, ''Sinobioway'' was not related to other Weiming Group, such as Weiming Investment Group.

Equity investments

Sinobioway Group is the largest shareholder of Sinobioway Medicine () for 26.38% (as at 30 June 2016). Sinobioway Medicine was involved in the delisting of

Sinovac Biotech Sinovac Biotech Ltd. () is a Chinese biopharmaceutical company based in Haidian District, Beijing that focuses on the research, development, manufacture, and commercialization of vaccines that protect against human infectious diseases. The com ...

. Sinobioway Medicine, full name "Shandong Sinobioway Medicine Co., Ltd." (formerly known as Wanchang Science & Technology), acquired "Sinobioway Medicine Co., Ltd." as part of a

backdoor listing A reverse takeover (RTO), reverse merger, or reverse IPO is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. Sometimes, conversely, the public compan ...

in 2015. Sinobioway Group also owned 60% stake of an intermediate holding company () which was the largest shareholder of PKU Hi-tech (, now known as CAU Technology) for 37.94% shares. In 2005 the stake in the intermediate company were under auction by court ruling, in order to refurbish the debt of Sinobioway Group. It was acquired by a subsidiary of

China Agricultural University China Agricultural University (CAU) is a public university in Haidian, Beijing, China. The university is affiliated with the Ministry of Education of China. It is part of Project 211, Project 985, and the Double First-Class Construction. The un ...

Subsidiaries

* Sinobioway Agriculture (92%) * Hunan PKU Sinobioway Bio-tech (53.57%) * Anhui Sinobioway Bio-economy Group (74%)

Shareholders

Sinobioway Group is 60% owned by an intermediate holding company Hainan Tiandao Investment () that was owned 83.38% by Pan Aihua (), a Peking University professor and chairman of the group; Yang Xiaomin (), the

president President most commonly refers to: *President (corporate title) * President (education), a leader of a college or university *President (government title) President may also refer to: Arts and entertainment Film and television *'' Præsident ...

for 8.80% stake, Luo Deshun (), the vice-president (and former staff of PKU in student affairs) for 3.94% stake and Zhao Furong (), the vice-president (and former auditor of PKU) for 3.88% stake. Another vice-president of the group, Wang Jun (), did not own any stake in the company. However, according to the National Enterprise Credit Information Publicity System, the stake of Sinobioway Group were pledged in full or in part several times by the intermediate holding and Zhao Furong, in October 2012 (by Zhao personally), December 2014, June 2015, November 2015 and December 2016, to Chengdu Haizhen Investment (twice, ), Guoyuan Trust (), Shenzhen Central Yunnan Commercial Factoring () and 1314 Fund ().National Enterprise Credit Information Publicity System
(in Chinese) The second largest shareholder of Sinobioway Group was the

for 40% stake. In the past Zhao Furong owned 30% personally as the joint-second largest shareholder of Sinobioway Group (behind the Peking University which owned 40%) in 2005.

References

External links

*
Sinobioway Agriculture

Hunan PKU Sinobioway Bio-tech

Anhui Sinobioway Bio-economy Group
{{authority control Conglomerate companies of China Peking University Government-owned companies of China Chinese companies established in 1992 Privately held companies of China Biotechnology companies of China Companies based in Beijing Chinese brands 1992 in Beijing