Eighty years, beginning with a single route
Yellow Incorporation is a diversified multinational holding group headquartered in Einsenland, the capital of Tsing Shing. Since its establishment, the Group has always adhered to its established corporate purpose and is committed to providing high-quality, reliable and innovative services and products in the fields of transportation, manufacturing, technology, medical care, education and culture.
Business areas
Core member companies
Group starting year
Business coverage countries and regions
Connect people's hearts, serve society, and promote sustainable development with technology and culture。
This sentence has not changed since the founding of the group. It is not only the basis for judgment when we enter every new industry, but also the test standard when we decide to exit a certain business.
Yellow Incorporation (Yellow Incorporation, hereinafter referred to as "YI") is a diversified multinational holding group headquartered in Einsenland, the capital of Tsing Shing. The Group is committed to providing high-quality, reliable and innovative services and products in the fields of transportation, manufacturing, technology, medical care, education and culture.
The starting point of the group was the first scheduled route Yellow Airlines in 1947. In the nearly eighty years since then, the group has gradually entered the fields of national railways, urban rail transit, industrial manufacturing, technology, medical and health, culture and art, and higher education, forming a holding structure that spans eight industries and consists of nine core member companies today.
Three-layer structure
The group adopts a three-tier structure to organize its business:Transportation business provides stable cash flow, providing a financial foundation for the entire group’s long-term investment;Technology and manufacturing provide capacity supply, not only serves the external market, but also undertakes the independent supply of technical base and key equipment within the group;Healthcare, culture and education assume long-term social responsibilities, its assessment criteria are mainly based on service accessibility and public value, rather than income growth.
This structure directly determines the group's capital allocation discipline: operating cash flow generated by the transportation business is allocated to asset renewal, R&D investment and three long-term commitments in a predetermined proportion. This proportion is reviewed by the board of directors every three years and will not be adjusted due to performance fluctuations in a single year.
Compliance, responsibility and long-term value
Yellow Incorporation adheres to compliance operations, social responsibility and long-term value creation. The Group will continue to create sustainable value for shareholders, employees and society through collaborative innovation and sound investment strategies.
Eight industries, four types of roles
They perform different functions within the group - this determines how each is assessed and how resources are allocated.
Transportation and travel
Aviation, national railways and urban rail transit constitute the group’s revenue base and social service interface.
Technology and Manufacturing
Consumer electronics, software platforms and industrial equipment not only serve the external market, but also serve as technology and production capacity suppliers within the group.
Medical and Health
Diagnosis and treatment network, medical research and development and primary health services are based on accessibility rather than income growth as the primary assessment criteria.
Six rules that do not change due to performance fluctuations
They are not declarations, but constraints written into the decision-making process, assessment criteria, and charters.
Safety before efficiency
In the four categories of aviation, railway, urban rail and medical services, safety indicators have veto power. Any solution that sacrifices safety margin for efficiency or cost will not enter the decision-making process.
long term capital allocation
The operating cash flow generated by the transportation business is allocated to three long-term commitments of asset renewal, R&D investment and medical, cultural and education in a proportion reviewed by the board of directors every three years, and will not be adjusted due to fluctuations in performance in a single year.
Public service obligations take precedence
National railways and urban railways bear statutory public service obligations. The basic service frequency and affordable fares of remote lines are not based on the profit or loss of a single line.
Technology autonomy and sharing
The technical base of each member company is built on the group's unified computing and data infrastructure to avoid duplication of construction while ensuring that key systems are not subject to a single external supplier.
Academic and artistic independence
The group provides funds, venues and industrial projects for universities and orchestras, but does not intervene in academic and artistic decision-making. The independence of running schools and running leagues is written into their respective charters.
Disclose prior and subsequent positions
In external communications involving transportation safety, public service interruptions and medical incidents, verified facts should be fully disclosed before expressing the group's position, and position statements should not be used as a substitute for factual explanations.
Important nodes in recent years
Group brand and digital interface unified upgrade
The group has completed the reorganization of the brand system and the reconstruction of the official website, and the nine member companies have formed a unified interface in terms of visuals, information disclosure and service portals.
A new round of fleet and road network updates launched
Yellow Airlines has launched a new generation wide-body aircraft introduction plan, and Yellow National Railway has simultaneously promoted network electrification transformation. The two plans together constitute the core project of the group's emission reduction roadmap.
Net-zero emissions roadmap released
The group announced the goals of net zero for Scope 1 and 2 in 2035 and net zero for the entire value chain in 2050, and included emission intensity indicators in the assessment of the heads of each member company.
The group data center was built
The operational data of five types of businesses including aviation, railway, subway, industry and medical are integrated into the unified governance framework, and cross-sector analysis is supported under hierarchical authorization.
Yellow Incorporation Headquarters Building
The group headquarters is located in the same Tsing Shing as Yellow National Railway, Tsing Shing Metro, Tsing Shing Industry, Yellow Medical, Kariton Classical, Yellow Philharmoniker and Tsing Shing Kariton University. Tai Peng Cheun International Airport is the main hub of Yellow Airlines. Eight of the nine member companies operate in the same city, which makes the cost of cross-sector collaboration much lower than that of similar multinational groups.
- address
- Einsenland Tsing Shing No. 1 Changning Avenue, Central Administrative District Yellow Incorporation Headquarters Building
- Telephone
- +86 (0)10 8888 0000
- info@flaps1f.com