China Poly Group Corporation Ltd. is a large-scale central state-owned enterprise under the supervision and management of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). Upon the approval of the State Council and the Central Military Commission of the P.R.C., the Group was founded in February 1992. Over the past three decades, Poly Group has established a development pattern with main business in multiple fields, including international trade, real estate development, light industry R&D and engineering services, arts and crafts raw materials & products management services, culture and arts business, civilian explosive materials and blasting service and finance services. Its business covers over 100 countries worldwide and over 100 cities in China.
In 2018, Poly Group's operating revenue exceeded RMB 300 billion yuan and total profit RMB 40 billion yuan. By the end of 2018, the group's total assets exceeded one trillion yuan, ranking 312th among the Fortune 500.
At present, Poly Group has 11 secondary subsidiaries and 5 listed holding companies, i.e. Poly Developments and Holdings Group Co.，Ltd. (SH 600048), Poly Property Group Co., Ltd. (HK 00119), Poly Culture Group Co., Ltd. (HK 03636), Guizhou Jiulian Industrial Explosive Materials Development Co., Ltd. (SZ 002037) and China Haisum Engineering Co. Ltd. (SZ 002116)