In 1990, Suning Commerce was established in Nanjing of China. It is the China’s commercial leader. Among China’s top 3 privately-run enterprises. As the largest commercial retail enterprise in China, Suning Commerce ranks first among top 500 Chinese private enterprises with the brand value of 95.686 billion yuan.
In July of 2004, Suning Commerce （Suning Appliance (002024)） was listed in Shenzhen Stock Exchange, thus having become the first listed Chinese home appliance chain enterprise featured by IPO (Initial Public Offerings), with its market value ranking in the first tier of home appliance chain enterprises worldwide. It has 180,000 staff with annual sales revenue 230 billion yuan.