Yuyuan Tourist Mart

Yuyuan Tourist Mart

Company type	Public
Traded as	SSE: 600655 SSE MidCap Component
Industry	Property management and Retailing
Founded	1987
Headquarters	Huangpu District, Shanghai , China
Area served	Shanghai
Key people	Xu Xiaoliang (Chairman) Méi Hongjian (Vice-chairman & President)
Revenue	CN¥58.15 billion (2023[1])
Net income	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. is the largest retailing conglomerate in China.^{[3][independent source needed]}

The company has presence in a variety of business sectors such as department stores and entertainment shops in Yuyuan Garden, Shanghai, the sales of gold, jade and other jewelry, food and beverages, Chinese pharmaceutical products, souvenirs, antiques, arts and crafts, the provision of property development, property management, import and export trading.^[4]

As of 19 November 2016, Yuyuan Tourist Mart is a constituent of SSE 180 Index.

Yuyuan Tourist Mart was formerly Yuyuan Shopping Mall, which was not a company but an administrative organization to manage the shops in Yuyuan Garden. In 1980s, some of the shops in there were integrated to form an enterprise. In 1987, Yuyuan Shopping Mall was approved to become the first commercial holding company in Shanghai.^{[citation needed]} In 1988, its shares were listed on the Shanghai 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 of Fosun 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 became Fosun International some time later, as well as Fosun High Technology acquired the 10% stake from Guangxin Technology.

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  Gate to market by day
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  The gate to the Yuyuan market at night
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  market at night
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  Yuyuan at night
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  market at night

• Yuyuan Garden

Wikimedia Commons has media related to Yuyuan Tourist Mart.

• Shanghai Yuyuan Tourist Mart Company Limited