Zhang Jindong

Suning.com Announced the Board of Directors Will Be Reorganized and Hire Zhang Jindong as the Honorary Chairman

Retrieved on: 
Monday, July 12, 2021

In the announcement, the Board of Directors received a resignation letter from Mr. Zhang Jindong, Mr. Sun Weimin, Mr. Meng Xiangsheng, and Mr. Yang Guang, applying to resign from the positions of the directors of the company and members of the Special Committee of the Board of Directors.

Key Points: 
  • In the announcement, the Board of Directors received a resignation letter from Mr. Zhang Jindong, Mr. Sun Weimin, Mr. Meng Xiangsheng, and Mr. Yang Guang, applying to resign from the positions of the directors of the company and members of the Special Committee of the Board of Directors.
  • As the founder of Suning.com, Mr. Zhang Jindong has always been the company's core leader since its establishment.
  • According to the announcement, Mr. Zhang Jindong's dedication during his tenure has laid a solidfoundation for the company's sustainable development.
  • The Board of Directors expressed heartfelt thanks to Mr. Zhang Jindong for his important contributions to the company's high-quality development, and hopes he will continue to contribute his thinking for the development of the company.

Suning Founder and Chairman Sets the Tone for the Next Decade on 30th Anniversary, Emphasizes New Opportunities for International Businesses

Retrieved on: 
Monday, January 4, 2021

Reflecting upon the last three decades, Zhang Jindong, Founder and Chairman of Suning Group, stated that Suning will further solidify its positioning as a social enterprise in the new era.

Key Points: 
  • Reflecting upon the last three decades, Zhang Jindong, Founder and Chairman of Suning Group, stated that Suning will further solidify its positioning as a social enterprise in the new era.
  • "Suning's commercial model should be built upon the focus on the main retail segment, empowering industry development and serving social entrepreneurship."
  • Zhang said that Suning has been devoting itself to public welfare and attaches great importance to corporate responsibility.
  • Suning has invested a total of CNY 2.3 billion (USD 356 million) in public welfare.

Suning Holdings Group Ranks Second on China's Top 500 Non-state Owned Enterprises List in 2020

Retrieved on: 
Monday, September 14, 2020

NANJING, China, Sept. 14, 2020 /PRNewswire/ -- Suning Holdings Group ("Suning"), one of the leading commercial enterprises in China, has ranked second on the All-China Federation of Industry and Commerce (ACFIC) annual list of the nation's Top 500 non-state owned enterprises.

Key Points: 
  • NANJING, China, Sept. 14, 2020 /PRNewswire/ -- Suning Holdings Group ("Suning"), one of the leading commercial enterprises in China, has ranked second on the All-China Federation of Industry and Commerce (ACFIC) annual list of the nation's Top 500 non-state owned enterprises.
  • Suning achieved a revenue of RMB 665.259 billion (USD 97 billion) and continued to top the list of Internet retailing category.
  • In August, Suning.com, one of its main subsidiaries, was featured in the Fortune Global 500 List for the fourth year running.
  • In 2020, Suning Holdings Group ranked second in the top 500 non-state owned enterprises in China with annual revenues of RMB 665.259 billion (approximately US $97 billion) and continued to top the list of Internet retailing category.

Suning Holdings Group Ranks Second on China's Top 500 Non-state Owned Enterprises List in 2020

Retrieved on: 
Monday, September 14, 2020

NANJING, China, Sept. 13, 2020 /PRNewswire/ -- Suning Holdings Group ("Suning"), one of the leading commercial enterprises in China, has ranked second on the All-China Federation of Industry and Commerce (ACFIC) annual list of the nation's Top 500 non-state owned enterprises.

Key Points: 
  • NANJING, China, Sept. 13, 2020 /PRNewswire/ -- Suning Holdings Group ("Suning"), one of the leading commercial enterprises in China, has ranked second on the All-China Federation of Industry and Commerce (ACFIC) annual list of the nation's Top 500 non-state owned enterprises.
  • Suning achieved a revenue of RMB 665.259 billion (USD 97 billion) and continued to top the list of Internet retailing category.
  • In August, Suning.com, one of its main subsidiaries, was featured in the Fortune Global 500 List for the fourth year running.
  • In 2020, Suning Holdings Group ranked second in the top 500 non-state owned enterprises in China with annual revenues of RMB 665.259 billion (approximately US $97 billion) and continued to top the list of Internet retailing category.

Suning to invest EUR 5 billion in 2020 retail strategy

Retrieved on: 
Wednesday, December 18, 2019

The company, one of the top three among the top 500 non-state-owned enterprises in China with annual revenues of RMB 602.5 billion (approx.

Key Points: 
  • The company, one of the top three among the top 500 non-state-owned enterprises in China with annual revenues of RMB 602.5 billion (approx.
  • EUR 77 billion), will continue to invest in its smart retail infrastructure to deliver an enhanced customer experience for a new generation of Chinese consumers.
  • Zhang Jindong, Chairman of Suning Holdings Group, referring to China's rising sophisticated middle class,said: "Chinese enterprises rely on a 40 trillion-scale consumer market.
  • Since its creation in 1990, Suning has formed a smart retail ecosystem with retail at its core and industries such as finance and real estate revolving around it.

Suning Sets New Singles' Day Record with Omni-Channel Orders Increasing by 76%

Retrieved on: 
Wednesday, November 13, 2019

After the establishment of full-scenario retail layout, Suning aims to provide a better service and fast delivery for consumers through Singles' Day shopping festival.

Key Points: 
  • After the establishment of full-scenario retail layout, Suning aims to provide a better service and fast delivery for consumers through Singles' Day shopping festival.
  • Highlights of Suning.com's Single's Day Shopping Festival:
    On Nov. 11th, over 13,000 brick-and-mortar stores took part in the shopping festival, Suning Plaza and Suning.com Plaza had 10 million visits to stores.
  • During thepromotion of Single's Day, Suning.com attracted more than 500 top global brands and 1 million new VIP customers.
  • The Chairman of Suning Holdings Group, Zhang Jindong said "it is a different Single's Day shopping festival for Suning.

Suning Sets New Singles' Day Record with Omni-Channel Orders Increasing by 76%

Retrieved on: 
Wednesday, November 13, 2019

After the establishment of full-scenario retail layout, Suning aims to provide a better service and fast delivery for consumers through Singles' Day shopping festival.

Key Points: 
  • After the establishment of full-scenario retail layout, Suning aims to provide a better service and fast delivery for consumers through Singles' Day shopping festival.
  • Highlights of Suning.com's Single's Day Shopping Festival:
    On Nov. 11th, over 13,000 brick-and-mortar stores took part in the shopping festival, Suning Plaza and Suning.com Plaza had 10 million visits to stores.
  • During thepromotion of Single's Day, Suning.com attracted more than 500 top global brands and 1 million new VIP customers.
  • The Chairman of Suning Holdings Group, Zhang Jindong said "it is a different Single's Day shopping festival for Suning.

Suning.com listed on 2019 Fortune Global 500 with operating income of 37 billion USD

Retrieved on: 
Monday, July 22, 2019

NANJING, China, July 22, 2019 /PRNewswire/ -- Suning.com, a subsidiary of Suning Holdings Group ("Suning") was listed on 2019 Fortune Global 500 with an operating income of USD 37 billion, which is the third time the company appeared on the list since 2017.

Key Points: 
  • NANJING, China, July 22, 2019 /PRNewswire/ -- Suning.com, a subsidiary of Suning Holdings Group ("Suning") was listed on 2019 Fortune Global 500 with an operating income of USD 37 billion, which is the third time the company appeared on the list since 2017.
  • The list shows that the total operating income of 500 companies listed this year was nearly 32.7 trillion US dollars with a year-on-year increase of 8.9%.
  • While Suning.com saw a success of 2018 with operating income of 37 billion USD, increased by 30.35%, far exceeding the industry average.
  • In 2017,Suning Holdingranked second among the top 500 private-owned enterprises inChinawith annual sales of65.7 billion USD(412.95 billion RMB).

Suning.com listed on 2019 Fortune Global 500 with operating income of 37 billion USD

Retrieved on: 
Monday, July 22, 2019

NANJING, China, July 22, 2019 /PRNewswire/ -- Suning.com, a subsidiary of Suning Holdings Group ("Suning") was listed on 2019 Fortune Global 500 with an operating income of USD 37 billion, which is the third time the company appeared on the list since 2017.

Key Points: 
  • NANJING, China, July 22, 2019 /PRNewswire/ -- Suning.com, a subsidiary of Suning Holdings Group ("Suning") was listed on 2019 Fortune Global 500 with an operating income of USD 37 billion, which is the third time the company appeared on the list since 2017.
  • Fortune Global 500 is the most famous and authoritative list to evaluate world's largest companies.
  • The list shows that the total operating income of 500 companies listed this year was nearly 32.7 trillion US dollars with a year-on-year increase of 8.9%.
  • While Suning.com saw a success of 2018 with operating income of 37 billion USD, increased by 30.35%, far exceeding the industry average.

Suning.com Ranked 1st Place Among China's Most Valuable Brand in Retail Industry

Retrieved on: 
Wednesday, June 26, 2019

NANJING, China, June 26, 2019 /PRNewswire/ --On June 26, World Brand Lab released its 16th "China's 500 Most Valuable Brands".

Key Points: 
  • NANJING, China, June 26, 2019 /PRNewswire/ --On June 26, World Brand Lab released its 16th "China's 500 Most Valuable Brands".
  • Suning.com, the retail subsidiary of Suning Holdings Group ("Suning") was listed on the 13th place for the second consecutive years, and ranked No.1 among retail industry, with a total brand value of 269.198 billion yuan (approximately 39.093 billion USD), increased by 17% compared to last year.
  • In the next years, relying on retail technology evolution, Suning will increase its service efficiency, promote the transformation of retail industry.
  • Suning is willing to join hands with global retail brands to build and improve industry ecosystem worldwide," Zhang Jindong, chairman of Suning Holding Group, said.