A certificate honoring PPMG's outstanding performance in high-quality development in 2023.

Phoenix Publishing and Media Group (PPMG), based in Nanjing, capital of Jiangsu province, was rated among the best provincial enterprises in high-quality development in 2023 at a recent provincial conference.

This is the third year in a row that PPMG has won the honor.

Last year, PPMG focused on the improvement of its competitiveness and its core functions as a State-owned business. It progressed rapidly towards its goal of becoming a world-class publishing and media group.

With continuously improving operation and management, PPMG witnessed a stable increase in operating revenue and substantial growth in profits in 2023. The group has also been listed among the top 30 Chinese cultural enterprises for the past 15 years and among the top 10 global publishing businesses for the past three years.

Moving forward, PPMG will foster new quality productive forces and expand development spaces to make greater contributions to the modernization of a strong, prosperous, beautiful Jiangsu featuring high-quality development.