Jiangsu Xinhua Distribution Group
(en.ppm.cn)
Jiangsu Xinhua Distribution Group is a subsidiary of Phoenix Media. It is engaged in the business of books, periodicals, audiovisual and digital products, warehousing and logistics, and import and export trade.
The group holds shares in six subsidiary companies. In 2023, it reached an operating revenue of 10.6 billion yuan ($1.48 billion) and made a profit of 1380 million yuan. Major economic indicators of the group ranked top among domestic competitors.
The group has 1,405 book stores and outlets across the country, with the number and scale of its outlets ranking first among the domestic distribution industry. The outlets in Jiangsu occupy an overall floorage of 1 million square meters.
The space used for book logistics business takes up 200,000 square meters, with the annual total value of fixed prices of delivered books going as high as 10 billion yuan. A transprovincial logistics distribution network has taken shape, taking Nangjing Xingang Logistics as the center, receiving support from branch centers in northern and central Jiangsu province, and connecting to logistics sites in different cities and counties across China.
General Manager: Qin Junjun
Add: 34 Baiziting, Nanjing, China (210009)
Tel: +86-25-51883305
Fax: +86-25-51883302
Email: xhfx@ppm.com
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