Social Activities in Pan Disheng

1987 and 1988, Pan Disheng successively acquired shares in Hong Kong Maochang Glasses and American and Japanese Glasses, and bought 20% shares in Henghe Jewelry. In the early 1990s, Europe fell into the trough of economic recession. HARVEYNICHOLS, a famous British department store with a history of 180 years, is also in crisis due to serious losses. Pan Disheng, with his unique vision, bought this company with a huge sum of 53.7 million pounds in 199 1 year 10 when everyone was not optimistic. After internal reform, reorganization, redesign and decoration, HARVEYNLCHOLS Company turned losses into profits after five months. Pan Disheng's business vision and way of doing business are widely praised by the international business community. 1992 1 1 On 24th, Pan Disheng held a press conference at Wang Fu Hotel in Beijing, and announced that Dixintong Group would invest 800 million Hong Kong dollars in Beijing, Shanghai, Guangzhou, Shenzhen and Chengdu in the Mainland to expand the department store industry in the Mainland. By the end of March, 1994, the market value of Dixintong Group had reached about HK$ 5 billion, and the personal wealth of Pan Disheng had exceeded HK$ 2 billion. In more than ten years, Pan Disheng's assets have increased more than 300 times, which is a miracle.