Suning Appliance Group Co., Ltd. is a Chinese holding company that is the third largest shareholder of Suning Appliance (also known as Suning Domestic Appliance in 1996, Suning Appliance Chain Store (Group) in 2001,[6] Suning Commerce Group from 2013 to 2018, and Suning.com now), after Zhang Jindong (founder of Suning) and Alibaba Group.
The company was formerly known as Jiangsu Suning Appliance Co., Ltd. and Jiangsu Suning Appliance Group Co., Ltd..
History
As of 2002, Jiangsu Suning Appliance Group Co., Ltd. was owned by the ex-senior staff of Suning Appliance Co., Ltd., namely Liu Xiaomeng, Zhang Jindong, Sun Weimin (, CEO of Suning) and Chen Jinfeng for 42%, 28%, 18% and 12% stake respectively.[7] The company owned several real estate and leased to Suning Domestic Appliance.[7]