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The story
In 1985, OCT starting from a stretch of mud flat beside Shenzhen Bay.
In 1994, the former CEO Ren Kelei (Chinese: 任克雷) started reconstructing OCT group's business structure by cutting from more than 30 industries to only 3 main focusing areas.
In November 1997, OCT Group incorporated a subsidiary OCT Holding and listed on Shenzhen Stock Exchange.
In 2000, OCT Group has invested to construct multiple large-scale comprehensive projects, such as Beijing OCT, Shenzhen OCT East, Shanghai OCT, Shanghai Pujiang OCT, Chengdu OCT, Jiangsu Taizhou OCT, Shenzhen Happy Harbor, Yunnan OCT, Tianjin OCT, Wuhan OCT, Xi'an OCT, Qingdao OCT, and so on.
In 2004, OCT had been granted a title of the first batch of "National Culture Industry Demonstration Base" by the State Ministry of Culture and had been granted the title of one of the first two "National Culture Industry Demonstration Park Area" by the State Ministry of Culture in August 2007.
In 2010, OCT Group has been granted the title of "Top 30 Culture Enterprise" by the Publicity Department of the Chinese Communist Party.
In 2015, consulting and design firm AECOM ranked OCT parks China as #4 of Top 10 Worldwide Theme Park Groups with 30 million visitors in the year.
From Wikipedia’s article on Overseas Chinese Town Enterprises, shared under CC BY-SA 4.0.4