Group Profile
Anhui Xinhua Publishing and Distribution (Group) holding co., LTD(hereinafter referred to as "group") is a large scale cultural state-owned enterprise,founded in Nov 2007 with the approval of the Anhui Provincial party committee and government . Its holding company -Anhui Xinhua Media Co.,LTD was officially listed on 18th Jan 2010,becoming the first A-share IPO in the publishing industry with the stock name "Wanxin Media" and the stock code "601801".
The main business line includes publication&distribution, logistics services, import and export business, real estate development, advertising, film and television media, hotel management, financing lease, e-commerce and other fields. The Group has developed into a large-scale industry cluster of cultural consumption, educational service, modern logistics, integrated trade,cultural investment and similar finance. There are altogether 135 wholly-owned subsidiaries, substantial holdings and sharing holding companies under the group governance .More than 630 sales outlets are operated in Anhui、Jiangsu and Shanghai with staff exceeding over 6000.In 2015, its revenue totaled over RMB 22 billion, with the total profit of RMB 0.86 billion and the total assets 2.26 billion,representing increases of 287%,214%,and 313% respectively over the end of 11th five-year plan period .As a result,the targets of the 12th five-year plan and double “20 billion” have been successfully fulfilled.According to 2016 Press and Publishing Industry Analysis Report issued by the state administration of press ,publication, radio ,film,and television of the people’s republic of China,the group's overall economic scale has maintained No 1 in the industry for three consecutive years ; In August 2016, the group was listed in the "China top 500 Enterprises", becoming the only selected unit among national publishing enterprises.
The group has been awarded many honorable titles successively such as "National May Day Labor Certificate", "National Advanced Enterprise of Cultural System Reform", "National Advanced Unit for Cultural System Reform since the 16th National Congress ", "Chinese Government Award (for printing)" ," Civilized Unit of National Press and Publication, " and other honors.At the same time,the group has been listed as “National 30 Cultural Enterprises” for eight times and “China 500 Service Enterprises” for 12 consecutive years.
Wanxin has been awarded the honors of "Chinese Government Award (for printing)" ,”Advanced Collective of National Press and Publication System ”,”Advanced Unit for National Reading Activities ” , "China Well-known Trademark” and has been conferred as “ Key Support Demonstration Enterprise for Cultural Reform and Development in Anhui Province”by the leading group for building a culturally powerful Anhui Province.It has also been ranked among the “2015 China Top 100 most Investment Value of Listed Companies”,”China 100 Innovative Benchmark Enterprises for listed Companies” and ”Well-known Trademark of China listed Companies”.Wanxin is included in CSI300 Index ,SSE380 Constituent Index and Margin trading and stock trading in Shanghai Stock Exchange.Its practice on BSC(Balanced Score Card)was nominated as global “2015 BSC Hall-fame Outstanding Organization Award”and the practice has been compiled into the teaching case of Harvard Business School.
At present, the group is closely centered around the theme of "Reform, Innovation, Development", adhering to the core value of "Better oneself ,better the world".The group is fulfilling its strategies of traditional business transition and improving as well as realising driving the business through capital market and entity economy.Financial capital will be integrated to drive force the business.With cultural education as its core and by pushing the transition from a traditional cultural enterprise to a corporation that relies on internet platform,Wanxin is striving to become the collector and provider of learning material for people.
