Profile of Nam Kwong (Group) Company Limited
Give Back to the Society with the Best
This is both our pursuit and the value for which we exist in the past, at present and in the future
Nam Kwong (Group) Company Limited is the only enterprise directly under the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) based in Macao. Founded in August 1949 as Nam Kwong Trading Company, it is the first Chinese-funded institution in Macao. On September 1, 2017, China Nam Kwong (Group) Company Limited was incorporated in the Hengqin Free Trade Zone in Zhuhai. On August 28, 2019, the Group will celebrate the 70th anniversary of its founding.
Over its history of more than half a century, under the strong support of the Chinese government, generations of employees of Nam Kwong lived up to the expectations of us, remained true to our original aspiration, kept our mission firmly in mind, kept on working with great determination, and has gone through an extraordinary course of development through hard working and perseverance. We adhere to the purpose of “Given Back to the Society with the Best”, perform the responsibilities that were bestowed on us by the history, have accomplished all the missions in various historical periods, and have made contributions to the handover of Macao to China, to the development of the economic and trade relations between the Chinese mainland and Macao, to the promotion of China’s trade and economic cooperation with other countries, to the unity of compatriots in Macao, to the promotion of Macao’s economic prosperity and social stability, and the great practice of implementation of “One Country, Two Systems” in Macao. The Group has been highly recognized and praised by superior leaders, the government of Macao SAR Government and all walks of life. On December 7, 2015, the Group was awarded the Medal for Industrial & Commercial Merits by the Macao SAR government.
By relying on its exceptional regional advantages, the Group grasps market opportunities, promotes reform and restructuring, keeps extending its industrial chain, focuses on its main business, and has formed the following core business categories, namely crude oil & product oil, consumer goods trade, hotels, tourism, real estate management and development, and integrated logistics services. It mainly operates in the Macao Special Administrative Region, Hong Kong Special Administrative Region, Taiwan, Portuguese-speaking countries, as well as the Pearl River Delta, the Yangtze River Delta, and the Beijing-Tianjin-Hebei region.
As Macao's largest supplier of energy products and main supplier of fresh and frozen food, hotels and tourism as well as logistics services, the Group boasts the only facilities for oil & gas storage and transportation as well as for aviation fuel supply in Macao. It is the constructor and operator of Macao’s natural gas pipeline, the largest shareholder of Macao Power Company, the main specialized company for public transport services in Macao, and the only designated unit for applying for the “Mainland Travel Permit for Hong Kong and Macao Residents” and the “Mainland Travel Permit for Taiwan Residents” in Macao. The Group boasts the largest inner harbor terminal, dry and frozen storage, bus fleet and cross-border transport fleet in Macao. It has invested in seven starred hotels in Macao, Guilin, Hangzhou, Xi’an and Canada, has developed real estate projects in Macao, Haikou, Shanghai and Wuxi, and owns large storage facilities in Zhuhai Free Trade Zone and Zhuhai Macao Cross-Border Industrial Zone. The Group has a long-term cooperation relationship with Southeast Asian countries, Portuguese-speaking countries, as well as countries in the Middle East, the EU, North America and South America, and has established a platform for long-term trade contacts with such countries.
In recent years, against the backdrop of reform and opening-up, the Group has conscientiously implemented the overall plan for promoting all-round economic, political, cultural, social, and ecological progress and the Four-Pronged Comprehensive Strategy, carried out its development strategy, kept deepening reform, and intensified and enhanced its management. As a result, it is becoming stronger, better and bigger, its internal vitality, impetus to development, employees’ sense of unity and social influences has been further increased, new records of its business performance have been made, and its development quality has been further improved and enhanced. As the presidency of the Macao Conference and Exhibition Industry Association, it has held consecutively auto shows, business aviation exhibitions, yacht shows, and trade fairs between China and Portuguese-speaking countries, and has become a famous convention and exhibition organizer with great international influence.
While carrying out business operations and performing its economic responsibilities, the Group actively fulfils its political and social responsibilities and its responsibilities for the country, and fully demonstrates its corporate image of “pay attention to the overall situation, have high energy to fight, have a strong sense of responsibility, and keep good faith”. The Group carries out poverty alleviation through pairing programs, strives for green development and takes part in public charity and disaster rescue and relief. In August 2017, after Macao was heavily hit by a violent typhoon, the Group acted promptly and spared no effort to deal with the emergencies, winning high praises. In the construction process of the Hong Kong-Zhuhai-Macau Bridge, the Group took initiative to shoulder the responsibilities, tackled tough issues head-on, and successfully completed the construction task of the project of the Macao Port Administrative Zone. As the presidency of the Association of Chinese-funded Enterprises in Macao, the Group brings its advantages into full play, sets an example for other Chinese-funded enterprises in Macao, and unites and leads them to make contributions to the economic and social development of Macao.
As China enters a new era of socialism with Chinese characteristics, the Group has entered a new stage of reform and opening up, and is expected to enjoy an even a better and brighter future. In the new era, the Group will take on a new look and embark on a new journey, carry forward its profound cultures and glorious traditions under the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, take the opportunities of reform and opening-up in the new era, adhere to the general work guideline of making progress while maintaining stability, and remain firmly committed to the path of high-quality development. Following its strategic planning target of the “13th Five-year Plan” period, the Group adheres to reform and innovation-driven development, consolidates traditional and competitive industries, expands new types of businesses, takes an active part in the “Belt and Road” initiative, the development of the Guangdong-Hong Kong-Macao Greater Bay Area and regional cooperation and development, assists Macao in building itself into “one center and one platform”, makes new contributions to speeding up its high-quality and sustainable development, meeting its employees’ ever-growing need for a better life and promoting economic prosperity and social stability of Macao, and will live up to the great trust the motherland places in it as well as the expectations of the Macao SAR government and all walks of life!