Hanwha China Joins Hot Spring Resort Development Business

Hanwha China’s MOU with Yida Group

[October 30, 2011] Hanwha China signed a memorandum of understanding with China’s Yida Group to establish a joint venture for building and operating a leisure resort compound within the Longmen complex in Dalian, Liaoning Province. Hot spring bathing, water park facilities and a golf course are expected to be included in this resort.

Under the agreement, Hanwha China will be responsible for planning and operating the resort, leveraging Hanwha Group’s experience in Korea, while Yida Group will oversee the construction.

The Longmen complex is a 265-square-kilometer leisure complex that includes marine leisure facilities and forested parks, 40 square kilometers of which is being developed by Yida Group. Hanwha Group added that the government of Liaoning Province has pledged its support for the resort project as well as additional projects Hanwha China will conduct in the province.

The chairman of Hanwha China commented that this co-project will be a good opportunity for Hanwha to share its resort related expertise and also strengthen its brand awareness.

Hanwha Hotels & Resorts

Hanwha Hotels & Resorts began operations in 1979 as the developer of South Korea’s first resort condominium project. It joined Hanwha in 1986. With resort, hotel, and food service businesses, we are rapidly becoming South Korea’s premier leisure and food service provider.

For more information, please visit: www.hanwharesort.co.kr/en

Hanwha Group

Hanwha Group, founded in 1952, is one of the Top-Ten business enterprises in South Korea and a “FORTUNE Global 500” company. Hanwha Group has more than 85 domestic affiliates and over 380 global networks in three major sectors: manufacturing and construction, finance, and services and leisure. With more than 65 years track record of industrial leadership, Hanwha’s manufacturing and construction businesses encompass a broad range of fields from chemicals & materials, aerospace & mechatronics, total solar energy solutions, and global construction. The finance network, covering insurance, asset management and securities, is the second largest non-bank financial group in South Korea. The services and leisure sector offers premium lifestyle services with retail and resort businesses.

For more information, visit: www.hanwha.com

newsletter search

Newsletter Subscription

Sign up and be the first to see our latest
innovations and achievements.

If you are a Hanwha employee, please click here.

By submitting your email address,
you agree to the Terms & Conditions

Contact Us

Thank you for your interest in Hanwha.
Please contact us for your inquiries.

Email Us

Information Message

Please enter your email address.

Information Message

Please enter a correct email address.


Keep an eye on your inbox for the latest stories from Hanwha.

Information Message

Your subscription request has already been processed. Thank you.

Hanwha uses cookies to improve site functionality and provide you with a better browsing experience and service. By using this site or clicking on "OK", you consent to the use of cookies. Learn more.

Back to top