Zhang Kangyang

Suning.com announced the first credit increment project after introducing state-backed investors

Retrieved on: 
Tuesday, July 20, 2021

This move marks the establishment of a new bank-enterprise cooperation model in the retail industry.

Key Points: 
  • This move marks the establishment of a new bank-enterprise cooperation model in the retail industry.
  • To ensure this new model can be implemented rapidly and on a larger scale, on the same day, the Bank of Jiangsu and Suning.com reached an agreement on credit increment.
  • This is Suning com's first credit increment project ten days after the announcement of introducing new strategic investors.
  • Relevant executives of Jiangsu Provincial Department of Commerce, Nanjing Municipal Bureau of Commerce, and relevant persons in charge of Bank of Jiangsu, Suning.

Suning.com announced the first credit increment project after introducing state-backed investors

Retrieved on: 
Tuesday, July 20, 2021

This move marks the establishment of a new bank-enterprise cooperation model in the retail industry.

Key Points: 
  • This move marks the establishment of a new bank-enterprise cooperation model in the retail industry.
  • To ensure this new model can be implemented rapidly and on a larger scale, on the same day, the Bank of Jiangsu and Suning.com reached an agreement on credit increment.
  • This is Suning com's first credit increment project ten days after the announcement of introducing new strategic investors.
  • Relevant executives of Jiangsu Provincial Department of Commerce, Nanjing Municipal Bureau of Commerce, and relevant persons in charge of Bank of Jiangsu, Suning.

Suning's rural retailer Retail Cloud (Ling Shou Yun) Completes Series A Financing

Retrieved on: 
Tuesday, April 13, 2021

b'NANJING, China, April 13, 2021 /PRNewswire/ --Suning.com (002024.SZ),China\'sleading smart retail service provider and a Fortune Global 500 company owned by Suning Group, today announced its Retail Cloud subsidiary completed series A financing.

Key Points: 
  • b'NANJING, China, April 13, 2021 /PRNewswire/ --Suning.com (002024.SZ),China\'sleading smart retail service provider and a Fortune Global 500 company owned by Suning Group, today announced its Retail Cloud subsidiary completed series A financing.
  • With the franchise model, Suning Retail Cloud leverages Suning.com\'s retail capabilities and deep industry know-how especially in logistics, warehouse, supply chain and technology innovations to help micro and small merchants in county-level markets easily start a business.
  • More importantly, the excellent team ability of Retail Cloud ensures that it can achieve cross-track replication and rapid expansion in the future.
  • In March 2021, the first retail cloud furniture store opened in Jiangsu Province.\nSuning.com sets its goal of 12,000 retail cloud stores opened by the end of 2021.

Suning Appliance Group Commences Advance Payment of RMB 10 Billion of Bonds

Retrieved on: 
Tuesday, December 15, 2020

From January to November of this year, Suning Retail Cloud opened more than 2,700 new stores, which helped bring a 90% year-on-year increase in overall sales revenue.

Key Points: 
  • From January to November of this year, Suning Retail Cloud opened more than 2,700 new stores, which helped bring a 90% year-on-year increase in overall sales revenue.
  • Amidst this context, Suning has fully embraced the digital transformations and experiences brought about by the past decade, while preparing for the next ten years.
  • Founded in 1990, Suning is one of the leading commercial enterprises in China with two public companies in China and Japan.
  • 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 Sign Deals with Global Partners at CIIE 2020 to Bring More High-quality Products into China

Retrieved on: 
Friday, November 6, 2020

With its smart retail solution, the Group is also set to establish partnerships with global brands and companies to bring more high-quality products into China.

Key Points: 
  • With its smart retail solution, the Group is also set to establish partnerships with global brands and companies to bring more high-quality products into China.
  • At the first CIIE, Suning reached cooperation with enterprises from more than 20 countries across Europe, Japan and North America.
  • "Suning continues to increase efforts to open our platform to global partners through forging partnerships with more global brands.
  • Founded in 1990, Suning is one of the leading commercial enterprises in China with two public companies in China and Japan.

ZK International Group Co., Ltd. Approved as a Key Supplier to China's Top 5 Commercial Real Estate Enterprise

Retrieved on: 
Thursday, October 22, 2020

The subsidiaries of Suning Real Estate are free to order products from the Company with no need to do their own assessment.

Key Points: 
  • The subsidiaries of Suning Real Estate are free to order products from the Company with no need to do their own assessment.
  • For 18 years, Suning Real Estate has established itself as one of the leading real estate developers in China, especially in the commercial real estate sector.
  • In 2019, Suning Real Estate ranked among the TOP 5 of China's Top 100 Commercial Real Estate Enterprises, the TOP 20 of China's Most Valuable Real Estate Brands and the TOP 50 of China's Top 100 Chinese Real Estate Enterprises.
  • Suning Real Estate creates an integrated innovative real estate business chain covering three development programs: commercial real estate, city town and residential real estate.

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.com Listed On Fortune Global 500 List for Fourth Consecutive Year

Retrieved on: 
Thursday, August 13, 2020

NANJING, China, Aug. 13, 2020 /PRNewswire/ --Suning.com (002024.SZ), China's leading O2O smart retailer owned by Suning Holdings Group, has been featured on the Fortune Global 500 list for the fourth consecutive year since 2017.

Key Points: 
  • NANJING, China, Aug. 13, 2020 /PRNewswire/ --Suning.com (002024.SZ), China's leading O2O smart retailer owned by Suning Holdings Group, has been featured on the Fortune Global 500 list for the fourth consecutive year since 2017.
  • Suning.com was listed with an annual operating revenue of USD $38.97 billion.
  • The Fortune Global 500 is an annual list compiled and published by Fortune magazine, which ranks the world's leading 500 companies by revenue.
  • Suning, which ranks third in the top 500 Chinese private enterprises, is dedicated to serving more than 600 million customers worldwide with over 280 thousand employees.

Suning International Donates Medical Masks to Italy to Support the Fight Against the Coronavirus

Retrieved on: 
Thursday, March 12, 2020

NANJING, China, March 12, 2020 /PRNewswire/ --Suning International announced that it will donate the first 300 thousand medical masks and other healthcare products, such as protective garment and disinfection products, to support Italy to fight against the coronavirus, based on its supply chain globally.

Key Points: 
  • NANJING, China, March 12, 2020 /PRNewswire/ --Suning International announced that it will donate the first 300 thousand medical masks and other healthcare products, such as protective garment and disinfection products, to support Italy to fight against the coronavirus, based on its supply chain globally.
  • To support the Italian companies to get through the epidemic, Suning International decides to purchase medical suppliers for Italy based on its global supply chain system.
  • "We hope the successful experience of China in fighting against the Coronavirus could help to stop the virus quick-spreading in Italy", said Steven Zhang, President of Suning International, "At the same time, we will continue and strengthen our contribution to support Italy in fighting against the emergency".
  • Afterwards, Suning International signed strategic agreements with ITA (Italian Trade Agency) to continuously expand the commercial and cultural communication and enhance the global brand cooperation.