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Suning Universal

Suning Universal Co., Ltd. (Chinese: 苏宁环球股份有限公司) is a Chinese real estate company. The company was owned by Zhang Guiping (Chinese: 张桂平), via Suning Universal Group, Co. Ltd. for 21.750% stake (Chinese: 苏宁环球集团有限公司, Zhang himself had 90% stake in the Group Co.), as well as held 17.270% stake directly. Zhang Kangli (Chinese: 张康黎), son of Zhang Guiping, owned 14.930% stake in the listed company, as well as 10% in the Group Company, making the listed company was majority owned by Zhang family. Zhang Guiping is the elder brother of Zhang Jindong, co-founder of Suning Commerce Group.

Key Information

As of 4 July 2017, it is one of the 200 components of SZSE 200 Index (the mid cap index of 101st to 300th companies).[3]

In order to list in Shenzhen Stock Exchange, Suning Universal Group purchased a listed company and paper maker based in Jilin Province, and then inject the business from Suning Universal Group to the listed subsidiary.

References

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