Beijing Jingkelong Supermarket Chain Company Limited or Jingkelong (JKL; , ) is a Chinese supermarket chain headquartered in
Chaoyang District,
Beijing
}
Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...
.
As of 2015 it operates 280 retail outlets; including hypermarkets, supermarkets, convenience stores, and shopping centers; in
Beijing
}
Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...
and in
Langfang
Langfang () is a prefecture-level city of Hebei Province, which was known as Tianjin Prefecture until 1973. It was renamed Langfang Prefecture after Tianjin became a municipality and finally upgraded into a prefecture-level city in 1988. Lang ...
,
Hebei
Hebei or , (; alternately Hopeh) is a northern province of China. Hebei is China's sixth most populous province, with over 75 million people. Shijiazhuang is the capital city. The province is 96% Han Chinese, 3% Manchu, 0.8% Hui, an ...
. The chain operates retail centers in 16 districts and counties in Beijing and Langfang.
In 2007 it was the 27th largest retailer in China.
[Diao, Ying.]
Jingkelong plans main board listing
" ''China Daily
''China Daily'' () is an English-language daily newspaper owned by the Central Propaganda Department of the Chinese Communist Party.
Overview
''China Daily'' has the widest print circulation of any English-language newspaper in China. T ...
''. January 26, 2007. Retrieved on September 15, 2015.
History
Beijing Guandongdian Shangsha (北京关东店商厦) was established in 1994, and the first chain store, Jingkelong Jingsong supermarket (京客隆劲松商城), opened in 1995. In 2002 Beijing Jingkelong Supermarket Chain Company Limited (北京京客隆超市连锁有限公司) was established, renaming itself to Beijing Jingkelong Supermarket Chain Group Company Limited (北京京客隆超市连锁集团有限公司) the same year. In 2004 the company renamed itself to Beijing Jingkelong Company Limited (北京京客隆商业集团股份有限公司) after reorganizing its assets.
In 2006 it made its second
IPO
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
attempt. Its first day of trading on the HKSE was September 25, 2006, and its shares went up 22% that day.
[Liu, Lillian.]
Jingkelong shares close up 22% on first day
. ''China Daily
''China Daily'' () is an English-language daily newspaper owned by the Central Propaganda Department of the Chinese Communist Party.
Overview
''China Daily'' has the widest print circulation of any English-language newspaper in China. T ...
''. September 26, 2006. Retrieved on September 15, 2015.
After its listing, it acquired eight stores from the Fulande retail chain.
[ In 2007 it paid 50 million yuan to purchase an 11% stake in Shoulian.][Diao, Ying.]
Jingkelong takes Shoulian stake
" ''China Daily
''China Daily'' () is an English-language daily newspaper owned by the Central Propaganda Department of the Chinese Communist Party.
Overview
''China Daily'' has the widest print circulation of any English-language newspaper in China. T ...
''. February 13, 2007. Retrieved on September 15, 2015.
See also
* Wumart
Wumart Stores, Inc. doing business as Wumart, (; Chinese for "good product") is a Chinese retail company with its headquarters in Haidian District, Beijing.
Wumart was founded in 1994 by Zhang Wenzhong, Wumart Group is one of the earliest and b ...
, one of Jingkelong's competitors[
]
References
External links
Jingkelong
Jingkelong
Companies based in Beijing
Supermarkets of China
Companies listed on the Hong Kong Stock Exchange
{{China-stub