About Phoenix Publishing & Media Group
Phoenix Publishing & Media Group (PPMG), headquartered in Nanjing, capital city of Jiangsu province, has been China's largest all-round publishing company for the past eight years.
Engaged in the fields of publishing, printing, distribution and logistics, film and television, hotels, real estate, financial investment, and artwork management, the group achieved total operational revenue of 17.7 billion yuan (US$2.8 billion) in 2017.
The group has four listed companies under its umbrella – the two main-board companies of Phoenix Media and Phoenix Ltd and two new third-board companies including Jiangsu Xinguanglian Technology Co.
PPMG is also the second biggest shareholder in Nanjing Securities and one of the most important shareholders of the Bank of Jiangsu. It has been among China's Top 30 Cultural Enterprises for 10 consecutive years and was also selected as "a leader in the national cultural system reform" in 2012.
The group owns nine publishing houses and one city daily newspaper; six of those assets are prominent publishing establishments on a national scale.
With its comprehensive publishing abilities and development capacities rated the best in China, PPMG ranks among the leading companies in the mass publication industry and is the second largest publisher of textbooks for primary and secondary schools in the country. PPMG tops the table among companies for the total number of national publishing awards.
The group is at the forefront of developing digital publishing on an industrial scale and operates a profitable model of operations. PPMG's digital platforms such as zxxk.com, Phoenix Cloud Campus, Phoenix Cloud Computing Center, and Phoenix Legend Films Ltd have enjoyed rapid development and formed strong brand identities. The company is now taking advantage of its educational resources to set up a smart education platform featuring "one cloud platform with multiple terminals".
As China's first publisher to build book-oriented cultural and commercial complexes, PPMG has opened four Phoenix Cultural Malls and has several others under construction. The financial companies that PPMG holds shares in or controls include banks and companies active in securities, insurance, funds, financial leasing, guarantees, and accounting.
So far, PPMG has set up cooperative relationships with well-known publishing organizations from more than 30 countries and regions in the world, and opened overseas branches in the United Kingdom, the United States, Canada, Chile, Australia, Namibia and Singapore. In 2014, PPMG completed the acquisition of the children's book business of US publisher Publications International, Ltd, the largest transnational merger ever by a Chinese publisher.
It is PPMG's objective to develop itself into a leading innovative cultural company, a strategic investor in the national cultural industry, and a giant in the global publishing industry.