Jiangsu Phoenix Publishing & Media Co., Ltd., founded in 1985, is a diversified new media enterprise based on digital technology, a highly influential large-scale publishing industry group, and its subsidiary Jiangsu Literature and Art and Yilin Publishing House are renowned for their high-quality books
Phoenix Publishing & Media Co., Ltd. (hereinafter referred to as "Phoenix Media") is one of the most influential and largest publishing and distribution companies in China, with advantages in content production and channels, and is one of the leading enterprises in the national publishing and distribution industry and one of the benchmark enterprises of listed companies in China, and is also the only publishing and media company in China that has been selected as the sample stocks of the CSI 300 and SSE 180 indexes at the same time. In accordance with the requirements of listed cultural enterprises, Phoenix Media will make every effort to promote the transformation and upgrading of its main business with measures to deepen reform, and strive to build a diversified new media enterprise with content as the core, property as the backing, and digital technology as the foundation.
Phoenix Media has 124 wholly-owned companies, 88 holding companies and 15 shareholding companies. Among the more than 20 publishing institutions, 6 publishing houses have entered the ranks of China's top 100 publishing houses and have been rated as national first-class publishing houses. The company has 1,066 sales outlets, with a total area of more than 800,000 square meters, ranking first in the country in terms of scale and number of outlets, and has the largest and most modern book logistics distribution center in the country. Hainan Phoenix Xinhua Publishing and Distribution Co., Ltd., a subsidiary of the company, is the first publishing and distribution enterprise in China with cross-provincial mergers and acquisitions.
In 2015, Phoenix Media achieved sustained and rapid growth in performance, with sales revenue of 10.046 billion yuan, total profit of 1.174 billion yuan, and net profit of 1.154 billion yuan, with a growth rate higher than the average level of its peers. The total sales volume of the issuance sector has been the provincial champion for 25 consecutive years, and the main economic indicators rank among the top of the national counterparts.
Phoenix Publishing & Media Group Co., Ltd., the controlling shareholder of the company, is the largest and most powerful publishing industry group in China. The industrial field is mainly publishing, distribution, printing, film and television, cultural hotels, cultural real estate, financial investment, art management and other sectors, and controls four listed companies: Phoenix Media, Phoenix Shares, Shanghai Faproluo and Jiangsu Xinguanglian.
