August 31, 2014 7:42 AM ET

Industrial Conglomerates

Company Overview of Reignwood Group

Company Overview

Reignwood Group engages in functional beverages, international trade, property development and management, sports, lifestyle, art and culture, travel, and hospitality businesses. The company produces energy drinks; operates a golf resort; provides decoration design services, and travel and hospitality agency services covering air ticket sales, hotel bookings, meeting arrangements, tourist receipts, and other related services; provides financial support and venture management services for sports and culture industries; operates a retail complex; engages in developing retail entertainment and resorts; and offers a range of services, including branding, market analysis, creative advertising, vi...

Reignwood Center No.8

YongAnDongLi Jianguomenwai Ave

Beijing,  100022

China

Founded in 1984

Phone:

86 10 8528 9052

Fax:

86 10 8528 8039

Key Executives for Reignwood Group

Founder and Chairman
Compensation as of Fiscal Year 2014.

Reignwood Group Key Developments

Reignwood Group Orders 10 Grand Caravan Ex Aircraft from Cessna Aircraft

The Reignwood Group has ordered 10 Cessna Grand Caravan EX aircraft from Cessna Aircraft Co. Reignwood plans to operate its aircraft services segment, Reignwood Star Aviation, to operate tourism flights in southeast China. The planes will be delivered through the Cessna-Aviation Industry Corporation of China joint venture, which began operating in September 2013 in Shijiazhuang. The partnership allows Wichita-built  Caravans to be assembled and sold at the China facility.

Lockheed Martin and Reignwood Group Sign Contract to Develop Ocean Thermal Energy Conversion Power Plant

Lockheed Martin and Reignwood Group have signed a contract to start design of a 10-megawatt Ocean Thermal Energy Conversion (OTEC) power plant, which, when complete, will be the largest OTEC project to date. The Lockheed Martin-Reignwood 10-megawatt plant is considered to be a crucial step in the full commercialization of OTEC. Under this initial contract, Lockheed Martin will provide project management, design and systems engineering services. In addition to the contract signing, Lockheed Martin also joined Reignwood Group in celebrating the ribbon cutting of Reignwood's new Innovative Technology Center, located at their corporate Beijing headquarters. The Innovative Technology Center is designed after Lockheed Martin's Energy Solutions Center in Arlington, Va., which showcases new ideas for alternative energy generation and energy infrastructure.

West Mountain Capital Corp. Enters into Joint Venture Agreement with Reignwood Group

West Mountain Capital Corp. has entered into a joint venture agreement with Reignwood Group named Reignwood Environmental that will engage in the environmental business of site remediation, brownfield redevelopment, oily sludge treatment and other business opportunities identified by WMT and Reignwood. The joint venture agreement contemplates that WMT will contribute its existing China-based projects, clean technology and know-how to Reignwood Environmental and that Reignwood will provide Reignwood Environmental with the financing and marketing strength that will allow it to carry out WMT's China-based business plan. Reignwood Environmental is to be owned as to 55% by WMT and as to 45% by Reignwood. The joint venture is subject to the execution of a definitive joint venture agreement and the acceptance of the TSX Venture Exchange. The definitive joint venture agreement is expected to be finalized and executed by the parties on or before June 30, 2013.

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