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Suning Holdings Group Co., Ltd. ( Chinese: 苏宁控股集团有限公司) is a Chinese privately held company. The company shared the same founder Zhang Jindong with the listed company Suning.com, but Suning Holdings was the unlisted portion of Zhang's unincorporated Suning Group.
Two branches of the Jiangsu Province-based government agency that oversees major state-owned businesses agreed to set up a 20 billion yuan (US$3.1 billion) fund with Suning.com's parent company Suning Holdings Group.
On June 6, 2016, Zhang Jindong, via his own private holding company Suning Holdings Group, signed a contract to purchase the majority stake in Italian football club Inter Milan, by purchasing existing shares and through recapitalization.
Founded in 1990, Suning Holdings Group is one of the leading commercial enterprises in China, with two public companies in China and Japan. In 2017, the company was ranked second in the top 500 privately-owned enterprises in China, with annual revenue of 81.3 billion USD (557.9 billion RMB).
- Nanjing, Jiangsu
- Chairman
Feb 4, 2021 · Suning Holdings, the retail conglomerate that owns a majority stake in the Serie A team, is seeking new investment by the end of the year in response to a financial crisis at the club,...
- Silvia Sciorilli Borrelli
Jan 9, 2024 · Zhang, who is honorary chairman of Suning Holdings Group, resigned as Suning’s chairman in 2021. In the July of that year, he transferred his controlling stake to industrial capital with a state-owned background in Jiangsu province to solve Suning's funding crisis.
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Company profile page for Suning Holdings Group Co Ltd including stock price, company news, executives, board members, and contact information.