Headquartered in Nanjing, Jiangsu, Phoenix Publishing and Media Inc.(PPM) is not only a leading enterprise in the publishing and book distribution industry, but also a benchmark enterprise for listed companies in China. In 2016, PPM's revenue totaled over RMB 10.55 billion（$1.56 billion）, with a total profit of over RMB 1.23 billion($182.32 million).
On the 30th November, 2011, PPM was officially listed on the Shanghai Stock Exchange, with the stock name "Phoenix Media" and the stock code "601928". The IPO of 509 million shares raised RMB 4.479 billion, which is the largest A-share IPO in the media industry. PPM is included in CSI300 Index and SSE180 Constituent Index.
Under the banner of PPM, we have 224 wholly-owned subsidiaries, substantial holdings in another 103 companies, and 1,066 sales outlets. Nine of PPM's leading publishers each focus on subjects such as social sciences and humanities, STM, education, children’s books, fine arts, Chinese classics, Chinese literature, foreign literature, and audiovisual publications. Six publishing houses are ranked among China's Top 100 Publishing Houses. We are proud to have published many representative works by such distinguished scholars and writers as Zhang Daoyi, Feng Jicai, Qian Chengdan, Bi Feiyu, Su Tong, Cao Wenxuan, Bei Dao, Gu Cheng, Han Dong, Liu Cixin, Ge Fei, Chi Li, etc.
Since 2016, PPM has taken firm steps in going global, developed its rights trade and achieved strong export results. PPM strives to make a new media enterprise with diversified business concerns. As the controlling shareholder of the listed Phoenix Publishing and Media Inc., Phoenix Publishing and Media Group (PPMG) is China’s largest all-round publishing group. Engaged in the fields of publishing, printing, distribution and logistics, film and television, hotels, cultural real estate, financial investment, artwork management, and cultural trade, the group reached a total of operation revenue of RMB 22.3 billion ($3.4 billion) in 2015.
Phoenix Publishing and Media Group has four listed companies under its umbrella, with PPM as a most representative company in the cultural and media sector. The group was selected as “a leader in the national cultural system reform” in 2012. It has been among China’s Top 30 Cultural Enterprises for ten consecutive years, and ranked 6th among the World’s Top 50 Publishers in 2015 according to The Global Ranking of the Publishing Industry.
So far, PPMG has set up cooperation relationships with well-known publishing organizations from more than 30 countries and regions in the world, and opened overseas branches in UK, US, Canada, Chile, Australia and Singapore. It is PPMG’s objective to develop into a leading innovative cultural company, a strategic investor in the national cultural industry and a giant in the global publishing industry. It will continuously strive to realize its goal of becoming a world-renown cultural enterprise.