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Shanghai Jinjiang International Holdings Co., Ltd. is a China-based company principally engaged in the operation of department stores, supermarkets and hypermarkets. The Company operates its business through three segments. The Department Store Segment is engaged in the operation of medium to high-end department stores under the brand names JINJIANG, NEW WORLD and PARKNShop.
The Supermarket and Hypermarket Segment is engaged in the operation of supermarkets and hypermarkets under the brand names METRO, CITYSUPER and OLAY Fresh Market. The Franchise Business Segment is engaged in granting franchise for store brands such as PARKnSHOP, METRO Cash & Carry, 7-ELEVEN, CIRCLE K Sunkus and Watsons Personal Care Stores (China), among others. As at December 31, 2011, Shanghai Jinjiang International Holdings Co., Ltd operated 885 stores across China.
Shanghai Jinjiang International Holdings Co., Ltd. is a Chinese conglomerate with interests in hotels, real estate, and retail. It is headquartered in Shanghai and was founded in 1992. In 2015, it had revenues of US$30.6 billion and employed over 100,000 people.
Each year, Shanghai Jinjiang International Holdings releases an annual report detailing its financial performance and business activities for the previous year. This year’s report shows that the company had another strong year, with revenues increasing by 7% compared to 2014. The company attributed this growth to continued expansion of its hotel portfolio and positive performance from its retail businesses.
Looking ahead, Shanghai Jinjiang International Holdings plans to continue expanding its presence in China and other Asian markets. It also intends to further diversify its business portfolio to include more high-end hotels and luxury retail brands. With another strong year under its belt, it seems likely that the company will achieve these goals and continue to be a major player in China’s economy for years to come.
Jin Jiang International Holdings Co., Ltd
Jin Jiang International Holdings Co., Ltd. is a China-based company principally engaged in the operation of hotels. The Company operates its business through four segments, including Hotel Operations, Travel Services, Real Estate Development and Property Management. The Company operates a number of hotel brands under various management agreements, including Grand Mercure, Mercure, Novotel, Pullman, ibis Styles and ibis budget.
As at December 31, 2016, the Company had a portfolio of approximately 438 hotels with approximately 113 thousand rooms worldwide.
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Who Owns Jinjiang Hotel?
Jinjiang Hotel is a state-owned hotel in China. It is operated by the Jinjiang Group, a state-owned enterprise. The hotel was founded in 1954 and is located in Beijing.
How Many Hotels Does Jin Jiang Have?
As of 2019, Jinjiang Hotels Group Co., Ltd. owns and operates over 3,600 hotels across 55 countries and regions. The company is headquartered in Shanghai, China.
How Many Brands Does Jin Jiang Have?
Jinjiang International Holdings Co., Ltd. is a hotel group based in China. The company was founded in 1997 and has since grown to become one of the largest hotel groups in China, with over 3,000 hotels across 500 cities. The company also operates a number of international brands, including Marriott, Hilton, and Accorhotels.
In total, Jinjiang International Holdings Co., Ltd. has over 30 different brands under its umbrella.
Conclusion
Shanghai Jinjiang International Holdings Co., Ltd. is a China-based company principally engaged in the operation of hotels, shopping malls and office buildings. The Company operates its business through four segments. Hotel segment is engaged in the operation of hotel rooms, restaurants, conference rooms and other ancillary facilities.
Shopping Mall segment is engaged in the operation of retail shops, restaurants and entertainment facilities within the shopping mall premises. Office Building segment is engaged in the provision of rental office space and car parking spaces. Department Store segment is operated by its consolidated subsidiary Shanghai Jialian Department Store Co., Ltd., which engages in the sale of daily necessities, household appliances, garments and other consumer goods.
