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Suning Appliance named Forbes Asia's 50 listed companies - Suning Appliance, Forbes ranking - HC

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HC
:
Recently, Forbes released a list 50 listed companies in Asia, including
Suning
Appliances included, including Taiwan, Hong Kong, to China, a total of 24 enterprises the list, occupying half the list. From the list view, Suning Appliance become the only selected retailers, and reelected to the list for two consecutive years.

This year is the fifth released Forbes Top 50 list of listed companies, including BHP Billiton, the Hong Kong Li & Fung, a number of well-known companies such as Hon Hai Precision, reelected to the list for many years. Meanwhile, due to global
Financial
Crisis and other factors, this year the list has some changes Ranking enterprises, many enterprises from the list for the fade out, while Chinese enterprises are outstanding, there are three Chinese companies for the first time topped the Forbes list, companies in China account for Ranking one-third of the list number.

It is the Suning Appliance second time after 2008, following the selection of the list, including Hong Kong and Taiwan enterprises, including 24 Ranking, Suning Appliance is the only selected retailers in the list. The selected enterprises to Taiwan's Acer Group, and represented technology companies occupy eight seats, becoming the highest proportion of trade Ranking, followed by consumer durables, real estate and other industries. The China Europe International Business School has jointly launched in 2009 China Wind information listed hundred private enterprises in the list Suning ranked second, the retail industry first. State Council Development Research Center
Home Appliances
Lu Renbo expert, said the acquisition of various awards, is recognized by the community Suning, Suning also show that China has become the spokesman for the retail industry, representing the highest level of domestic retail.

It is reported that the birth of the list, Forbes this year on revenue or market value not less than 30 billion dollars in 910 Asian companies were selected. First of all, according to company revenues in five years, operating earnings and capital returns records rule out a number of candidate companies; then, on the company's recent performance, price trends, and prospects for the coming year were assessed. New 2008 Suning above the prefectural level cities 26, 210 newly opened stores, sales growth of 24.27%, 48.09% profit growth, China has become one
Sell
Largest home appliance chain. Suning listing five years, has maintained a rapid development as a high growth, high compound rate of return on a small plate of high star business listing has been called the capital market industry, "Suning phenomenon."

Forbes feels that this year's Asia-Pacific region's best 50 list of large companies than in previous years to better reflect the company has real staying power and economic prosperity during the year by huge profits, the company had to show more toughness. While Suning precisely reflects the strong performance of the competitiveness and growth potential in 2009, Suning chain development that does not slow down, to expand recruitment for the world and so to further increase the lead in the industry, maintaining rapid and steady development. Suning's various initiatives to establish market confidence in the Chinese retail sector has demonstrated its rightful place.

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