Suning Universal Co., Ltd.
苏宁环球
000718
Shenzhen Stock Exchange
Company Profile
Our company sees good performance in the real estate, orderly transformation of recreation & sports, health and finance, establishment of industrial investment projects and initial formation of the strategic layout. We are strong-minded, confident and goal-oriented in the transformation, showing our high ability in strategic decision-making, medium-long term development planning and building core business. Our company gets involved in recreation & sports, health and finance forcefully through a series of assets integration including investment, equity participation and strong strategic cooperation, which fully reflects our ability in integrating and utilizing market resources by playing our own advantages. We have superior land reserve resources to provide sufficient financial support for industrial transformation. Till now, the total construction area of the company's land reserve has exceeded 1.55 million square meters, of which 80% land reserve is concentrated in Nanjing and Shanghai market. The cost of this part of land is low and the profitability is strong. Our company strives to build “Suya Beauty Center”, Specialized in medical beauty operation and industrial chain integration, it is a vital part in the health industrial layout. Suya Beauty Center has completed acquisition and integration of many cosmetic surgery hospitals and won the honor of “China’s Top Ten Influential Medical Beauty Groups” in 2017.Till now, Suya Beauty Center settled in Beijing, Shanghai, Tangshan, Nanjing,Wuxi, Shijiazhuang and other core cities.
Full description
Suning Universal Co., Ltd. is the former Jilin Paper Manufacturing Co., Ltd. Its stock was listed on the Shenzhen Stock Exchange on April 8, 1997, stock code 000718. In 2005, Jilin State-Owned Assets Management Co., Ltd., the controlling shareholder of the former company, transferred its shares of the company to Suning Universal Group Co., Ltd., and the company name changed to Suning Universal Co., Ltd. As of December 31,2022, the total share capital was RMB 3,034,636,384. The main business of our company is real estate. Projects for sale are mainly Nanjing Tianrun, Venice Water Town (also known as “North Bund Water Town”), Zijin Chaoyang Mansion, Shanghai Tian Yu International Square, Jilin Green Valley Manor, Yixing Tiangui Royal Town and Wuhu City Light, etc. On the basis of stabilizing the main business of real estate, we continue to push the industrial transformation in recreation & sports, health and finance. Industrial investment projects have been put into operation and the strategic layout is initially formed. In recreation & sports, we have invested in multiple movies and TV dramas, such as To The Fore, Legend of Night, Shadow Puppets, Beijing People in Beijing, The Nut Job 2: Nutty by Nature and The Country’s Grain Fields, which have been released in succession. The exquisite performance and excellent production have won the unanimous approval of the audience. Some of them have won the Huabiao Film Awards and enthusiastic recommendation of SARFT. Suning Art Museum invested by our company is now in a trial operation. In health, our company has cooperated with ID Group, a famous Korean medical beauty group, and has established joint ventures in China. Relying on the platform of joint ventures, we absorb and digest their technology to provide assistance to our medical beauty industry. Our company has established a RMB 5 billion medical beauty industrial fund jointly with Suning Universal Group Co., Ltd. Now it has purchased M’ Union, Guangzhou Yanya and other medical beauty hospitals and continues to purchase high-quality medical and beauty resources at home and abroad. We have built up the medical beauty brand -- Suya Beauty Center,and won the reputation of “China’s Top Ten Medical Beauty Groups” in September 2017. Till now, Suya Beauty Center has through M&A and building medical beauty hospitals has landed in many core cities in China.Till now, Suya Beauty Center has landed in many core cities in China, such as Beijing, Shanghai, Shijiazhuang, Tangshan and Nanjing.