Chung nam group
Encyclopedia
Chung Nam Group is a Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

 based watch and clock movement manufacturer. The Chung Nam Group comprises Isa Prestige Time, Roamer, and Isa. With plants based in China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...

, Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

, and Switzerland
Switzerland
Switzerland name of one of the Swiss cantons. ; ; ; or ), in its full name the Swiss Confederation , is a federal republic consisting of 26 cantons, with Bern as the seat of the federal authorities. The country is situated in Western Europe,Or Central Europe depending on the definition....

. Isa movements are used in mid line watches.

In recent years, Chung Nam Corporation has expended into a global corporation of technology, manufacturing and retailing. Chungnam Group has a long history and has grown into one of China's leading Companies. Its business now includes CN Watch, CN Innovations, CN Convergence, CN Fashion, CN Lifestyle, and CN Creations.

History

Chung Nam Group of Companies is based in Hong Kong, tracing its origin back to over 70 years ago. The late Mr. and Mrs. CHONG Ching Um founded the group in 1935, engaging in export, manufacturing, and trading in the Southeast Asian markets.

During the 1980s, China’s open door policy enabled the group to concentrate more on manufacturing and embark on the development of precision engineering
Precision engineering
Precision engineering is a subdiscipline of electrical engineering, electronics engineering, mechanical engineering, and optical engineering concerned with designing machines, fixtures, and other structures that have exceptionally low tolerances, are repeatable, and are stable over time...

.

During the 1990s, to maintain a leading position in manufacturing, the group began investing in technology and hardware for critical processes.

Towards 2000, in-house research and development resulted in a breakthrough with different patents being filed. The group gradually became diversified through acquisitions and establishing new joint ventures.

The group is headquartered in Hong Kong and employs over 10,000 people all over the world.

The group has a focused structure operating with two platforms: (1) technology and manufacturing, and (2) distribution and retailing.

Milestones

1935-40 Watch manufacturing and distribution

1950s Retail and wholesaling for watch / OCTO watches

1960s Retailing and distribution of bedding, houseware, and shoes

1980s Precision engineering / Fashion retailing and wholesaling

1991-92 Physical vapour deposition and metal injection molding / Thin-film coating

1997 Radio frequency

2000 In-house research and development

2002 Optical coating

2003 Wireless networking environment / Mobile handheld devices, wrist instruments / Patent for hard coating stainless steel

2005 RFID development / Establish Chungnam Corporation as the holding company for the six major businesses

2006 Three private equity fund investments in CN Innovations Holdings Ltd

2007 Production of TV, film, and animation content for worldwide broadcast markets

2008 Establish an independent business unit for corporate social responsibility
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