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Xinhua Winshare Publishing & Media Co.,Ltd. (China)

Main Activities: Newspaper, Periodical, Book, and Directory Publishers
Full name: Xinhua Winshare Publishing & Media Co.,Ltd. Profile Updated: March 17, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Chinese Download a sample report

Xinhua Winshare Publishing & Media Co., Ltd. (referred to as "Xinhua Winshare") is a company located in Chengdu, China. It was established in 2005 by Sichuan Xinhua Distribution Group and was listed on the Hong Kong Stock Exchange in May 2007. In August 2010, Xinhua Winshare integrated 15 publishing units under Sichuan Publishing Group in a market-oriented manner to establish a complete publishing and distribution industry chain. In August 2016, Xinhua Winshare successfully returned to the A-share market, becoming a leading "A+H" publishing and media company in China. Xinhua Winshare focuses on the publishing and media industry, with a mission to inherit excellent culture and lead industry development. It operates in various fields such as book publishing, newspaper and media, reading services, e-commerce, education services, printing production, logistics distribution, and capital operation. Xinhua Winshare implements a full industry chain operation and actively serves as a cultural service force and a platform for spreading advanced culture. Xinhua Winshare implements a "three-dimensional" strategy to promote high-quality development of the industry. It adheres to the concept of quality publishing and annually publishes over 6,000 types of books through its 10 publishing units. It also launches a large number of high-quality reports through its 13 newspaper and magazine brands, contributing to cultural development and prosperity. Xinhua Winshare has established a new cultural consumption service system by integrating nearly 190 physical bookstores and nearly 170 online cloud stores, transforming physical bookstores from book business to cultural consumption service providers. It provides convenient, comfortable, intelligent, and personalized reading services to readers and institutional users. Xinhua Winshare is committed to serving education and has fulfilled the solemn promise of "providing books before classes, one book per person" for 44 consecutive years. With its extensive sales network in Sichuan, it has established a leading position in the field of educational services such as the supply of teaching materials and education informatization. Xinhua Winshare promotes innovation and explores the business development model of "education services + the internet," contributing to the development of China's education industry. Xinhua Winshare seizes the opportunities of internet development and promotes the development of emerging formats such as e-commerce and digital publishing. It has created well-known national e-commerce brands in the publishing industry, such as Wenxuan.com and Wenxuan September, and expanded into emerging services such as blockchain, steadily transforming towards the internet economy. Xinhua Winshare continuously enhances its publishing industry supply chain service capabilities. It has built logistics service platforms centered in Chengdu, Tianjin, and Wuxi, covering the entire country. It has established production and printing platforms for the supply and production of printed materials and built an industry supply chain collaborative platform that provides commodity organization and logistics distribution services to publishers and bookstores, contributing to the transformation and development of the industry. While focusing on the publishing and distribution industry, Xinhua Winshare actively explores cultural arts, sports, and capital operation fields, advancing towards a diversified cultural industry group. It responds to the cultural "going global" strategy, promotes the construction of international communication capabilities, exports hundreds of book copyrights annually, and establishes multiple overseas institutions to help Chinese culture go global. While developing the industry, Xinhua Winshare always remembers its responsibility to give back to society and serve the cultural cause. It holds the Tianfu Book Fair, conducts nationwide reading activities and cultural benefit activities, actively participates in social public welfare undertakings, and organizes activities such as "One Wood Environmental Protection" and "Sun Star" public welfare actions, making unremitting efforts to meet the cultural needs of the people. Xinhua Winshare dares to innovate and forge ahead, leading the reform and development in the publishing and distribution industry in China. It is a leading company in the Chinese publishing and distribution industry and a leading cultural industry enterprise in Sichuan. It has been awarded honors such as the "China Publishing Government Award - Advanced Publishing Unit," "National News Publishing System Advanced Collective," "National Cultural System Reform Advanced Unit," "National Key Cultural Export Enterprise," "Digital Publishing Transformation Demonstration Unit," and "Top 500 Chinese Service Industry Enterprises." Since its establishment, Xinhua Winshare's sales revenue and profits have steadily increased. In 2022, it achieved operating revenue of 10.93 billion yuan and a net profit attributable to the parent company of 1.397 billion yuan, with total assets reaching 20.651 billion yuan. During the "14th Five-Year Plan" period, Xinhua Winshare will adhere to the Party's overall leadership, fulfill its main responsibility in cultural development, fully integrate into the national and Sichuan development strategies, fulfill the mission of state-owned cultural enterprises, focus on the publishing and media industry, innovate industrial development models, implement the "three-chain" strategy, and build a first-class content creative publishing, education services, cultural consumption services, and supply chain services. It aims to become the "most innovative and growth-oriented publishing and media company in China" and a comprehensive cultural service group with international influence, making new and greater contributions to building a strong cultural country and province.

Headquarters
1 1F 4 Bldg 239 Jinshi R. Jinjiang Dist. Chengdu Sichuan
Chengdu; Sichuan; Postal Code: 610063

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Website: http://www.winshare.com.cn

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 11, 2005
Key Executives
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Chairman
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Executive Director
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General Manager
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Deputy General Manager
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Deputy General Manager
Ownership Details
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55.4%
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23.36%
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4.32%
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3.13%
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3%
Subsidiaries
Beijing Huaxia Shengxuan Books Co., Ltd.
100%
Beijing Shuchuan Xinhua Bookstore Book Distribution Co., Ltd.
100%
Chengdu Cangqiong Online Technology Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Xinhua Winshare Publishing & Media Co.,Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
46.94%
Total operating revenue
44.31%
Operating profit (EBIT)
-4.26%
Net Profit (Loss) for the Period
24.15%
Total assets
8.33%
Total equity
0.36%
Operating Profit Margin (ROS)
-5.24%
Net Profit Margin
-2.26%
Return on Equity (ROE)
1.4%
Debt to Equity Ratio
2.82%
Quick Ratio
-0.19%
Cash Ratio
-0.19%

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