Kuang Holdings

Kuang Holdings Ltd. (Chinese: 廣家控股公司; pinyin: Guǎngjiā kònggǔ gōngsī) is a Tsengian conglomerate. Often considered to be the most powerful and richest private company in Tseng, its products are various. It has a primary listing on the Tseng City Stock Exchange and. In 2021, it is on the. Kuang Holdings is considered to be the first dashang.

History
Kuang Holdings was founded on April 18, 1935, by businessman C.F. Kuang and his wife Mary Kuang. Kuang Holdings originally was based on banking and food. During World War II and the Tsengian Revolution, it sold weapons. In 1952, the company expanded into hotels, when the White Dragon Hotel Group was founded. The White Dragon Hotel was the first post-independence five-star hotel in Tseng.

During the Wanxia Miracle of the 1970s, construction and urban expansion boomed in Tseng, and Xinwu Construction and Kuang Motors was founded as a result. In 1980, the company had operations in South Africa, Australia, China, UK, US, Indonesia, Malaysia, Singapore, Hong Kong, and Taiwan. With the assassination of C.F. and Mary Kuang in 1980, Chen Xide and his family owned 50% of Kuang Holdings.

In 1995, Kuang Holdings acquired a 30% stake in the state-owned Tseng Soy Corporation. In 1996, Tseng Broadcasting System (TBS) was bought by Kuang Holdings. In 2021, there was an agreement that Kuang Holdings would have a 40% stake in TBS.

Subsidiaries

 * Kuang Motors
 * White Dragon Hotel Group
 * Kuang Shipping
 * Xinwu Construction
 * Kuang Electronics
 * Gongshan Records
 * Kuang Foods
 * Tseng Soy Corporation
 * flyTseng