Chairman's Statement

Contact Us


Concord Fortune Hong Kong Headquarter

Unit 4703-4704, 47/F,

Far East Finance Centre,

16 Harcourt Road,

Admiralty, Hong Kong

Tel: +852-2290-9700

Fax: +852-2866-0878

 

Concord Fortune Resources

Pte Ltd.

8 Temasek Boulevard

#36-01 Suntec City Tower 3

Singapore 038988

Tel: +65-6637 9494

Fax: +65-6637 9484

 

Concord Fortune Trading

(Shanghai) Ltd.

Unit 1104-1107, 11/F, 

Zhong Rong Jasper Tower

8 Yincheng Middle Road, Pudong Xinqu

Shanghai, China 200120

Tel: +86-21-6169-5949

Fax: +86-21-6169-5948

 

Concord Fortune Macau Office

Avenue of Ocean Garden

No.522-526, Ocean Plaza,

FI.3,BI.F, Room 20D,

Paipa,Macau

Tel: +853 2871 4175



Dear  Partners and Colleagues

of Concord Fortune Group,



At the outset, for and on behalf of The Board of Directors, I would like to convey sincere thanks to our various business partners and clients including government functionaries, financial institutions, banks, mines, steel mills, trading houses, etc., for supporting us over the years and last but not least to all members of Concord Fortune Group for working hard day by day with dedication and passion.


Next year will be the twenty anniversary of Concord Fortune, starting from scratch with only less than one million tons trading volume, we had made the record of over ten million tons annual trading volume and one billion US dollars turnover at tenth anniversary. Our shipping business also had grown rapidly to the global range from near sea.


In June, 2011,Concord Fortune had started the IPO launching in Hong Kong. Macquarie Bank and Bocom International Securities had been appointed as the joint sponsors. The whole courses of due dilligence and road show had been completed. Although the board withdrew it at final stage due to the lower valuation influenced by the European debt crisis,such experiences helped us successfully entering the international capital market,also laid the solid base to develop in capital market in future.


Looking back our history, following milestones have furnished us with the rich materials, and will further inspire us to keep striving and surpassing in future:


-2011 participated in GTP program of Singapore government with the privileged tax  benefit


-2011 Concord Fortune Charity Fund established


-2012 pioneered the new business model of applying the derivatives trading to traditional iron ore trading


-2013 awarded the outstanding market-maker and top ten trader by  SGX


-2014 JV with a leading steel plant of China to establish an asset management company and running successfully


-2020 awarded  the outstanding iron ore future services provider by MYSTEEL


-2020 awarded the best PE fund by XSPEF


Concord Fortune base metal trading along with the diversified strategy of the group has been started operations from year 2017.It's been taking-off rapidly with the advantages of the CF group's sophisticated trading platform and capital resources. Three trading pillars including foreign trade, import and export swap and domestics spot cargo trading have been set up which will provide the trading and financing dynamic services to the smelting plants including the option hedging, raw material resources overseas sourcing and structural financing etc.


At Concord Fortune, corporate social responsibility means managing our business responsibly for our shareholders, employees and communities. We strongly believe that long-term business success and good corporate behaviour are interlinked.


Fast, Effectiveness, Raliability and Creativity are what we strive for since day one we operate.Our aim is to become a comprehensive, one-stop natural resources provider, the logistic service provider, and the asset manager which offers maximum added value for our clients. We will keep growing and working together with all of our business associates to create a prosperous future for all.



Simon Liu

Chairman of the Board

Concord Fortune


Jan., 2020