SeaRainbow Holding Corp. (hereinafter referred to as “the Company” or “SeaRainbow”) was formerly named as “Hainan fiber factory” which was a state-owned enterprise approved by Hainan Administration of Industry and Commerce in April 1986. In September 1991, it was restructured into “Hainan chemical fiber industry corp. Ltd.”. On November 30th, 1992, it became A-share listco with code 000503. The Company has registered capital of 749,018,504 Yuan.
The Company has a clear development strategy: asset management as the core philosophy, while share holding/investment as the methods to achieve rapid expansion and development. The ultimate goal for the Company is to become a cross-industry, cross-regional, integrated, diversified large-scale investment and asset management group.
Through continuous efforts, SeaRainbow has made itself to be recognized as the No.1 internet stock in the market. It’s one of the prominent stocks with new-economy and high-tech concepts. SeaRainbow Holding, with its outstanding performance, appeared in the "constituent stocks of the Dow Jones China 88" in 2000; from 2001 to 2003 in a row appeared in the top 100 of Chinese listed companies by “New Wealth”, appeared in the "top 50 of China public trading high-tech companies” in 2002, ranked the 10th on China public trading companies governance ranking list by the Research Center of Corporate Governance of Nankai Univ. in 2003.