 | |
| Company type | Public |
|---|---|
| Industry | Property management andRetailing |
| Founded | 1987 |
| Headquarters | Huangpu District,, China |
Area served | Shanghai |
Key people |
|
| Revenue |  CN¥58.15 billion (2023[1]) |
| CN¥2.02 billion (2023[1]) | |
| Owner | Fosun International (26.45%) |
Number of employees | 14.870 |
| Footnotes / references in a consolidated basis; equity and profit excluded minority interests; in Chinese Accounting Standards[2] | |
| Shanghai Yuyuan Tourist Mart Co., Ltd. | |||
|---|---|---|---|
| Simplified Chinese | 上海豫园旅游商城股份有限公司 | ||
| Traditional Chinese | 上海豫園旅遊商城股份有限公司 | ||
| |||
| Yuyuan Tourist Mart | |||
| Simplified Chinese | 豫园旅游商城 | ||
| Traditional Chinese | 豫園旅遊商城 | ||
| |||
| Yuyuan Mart | |||
| Simplified Chinese | 豫园商城 | ||
| Traditional Chinese | 豫園商城 | ||
| |||
Shanghai Yuyuan Tourist Mart Co., Ltd. is the largestretailing conglomerate in China.[3][independent source needed]
The company has presence in a variety of business sectors such asdepartment stores and entertainmentshops inYuyuan Garden,Shanghai, thesales ofgold,jade and otherjewelry,food andbeverages, Chinesepharmaceutical products,souvenirs,antiques,arts andcrafts, the provision ofproperty development,property management,import andexporttrading.[4]
As of 19 November 2016, Yuyuan Tourist Mart is a constituent ofSSE 180 Index.
Yuyuan Tourist Mart was formerlyYuyuan Shopping Mall, which was not acompany but anadministrativeorganization to manage theshops in Yuyuan Garden. In 1980s, some of the shops in there were integrated to form anenterprise. In 1987, Yuyuan Shopping Mall was approved to become the first commercialholding company in Shanghai.[citation needed] In 1988, itsshares were listed on theShanghai Stock Exchange and it was the first listed commercial holding company in China.[citation needed] In 1992, to unify the operations and management of the shopping mall,Shanghai Yuyuan Tourist Mart Co., Ltd. was established and listed on the Shanghai Stock Exchange to replace the old listed company.[citation needed]
In February 2024, the company announced a buyback of 200 million yuan. Shares are used to implement ESOP or to stimulate equity capital.[5]
In 2002, a consortium ofFosun High Technology (90%) and its major shareholder Guangxin Technology (Chinese:广信科技 for 10%), acquired 20% of shares of Yuyuan Tourist Mart and became the largest shareholder.[6][7][8] Fosun High Technology's parent company becameFosun International some time later, as well as Fosun High Technology acquired the 10% stake from Guangxin Technology.
