Wushang Group was selected into the list of "Double Hundred Enterprises" in the reform of state-owned enterprises by the State-owned Assets Supervision and Administration Commission of the State Council
Recently, the website of the State-owned Assets Supervision and Administration Commission of the State Council announced the latest list of "double hundred enterprises" for state-owned enterprise reform, and Wushang Group Co., Ltd. was selected, becoming one of the two state-owned enterprise reform "double hundred action" enterprises in Wuhan, and the only commercial and trade enterprise in Hubei Province to win this award.
The "Double Hundred Action" for SOE reform is one of the special actions for SOE reform organized by the Leading Group for State-owned Enterprise Reform of the State Council, which selects more than 100 subsidiaries of central enterprises and more than 100 local backbone state-owned enterprises, aiming to build a group of state-owned enterprise reform spearheads with scientific and perfect governance structure, flexible and efficient operating mechanism, strong party leadership, innovation ability and market competitiveness.
According to reports, Wushang Group is a large-scale commercial enterprise established for 64 years. In 1986, the transformation of the joint-stock system by armed merchants caused a sensation in the country's industrial and commercial circles and became the target of imitation by commercial enterprises throughout the country. In 1992, "Wushang A" (later renamed "Wushang Group") was listed on the Shenzhen Stock Exchange.
In 2019, under the guidance of the policy of "building a healthy martial artist", Wushang Group achieved a total profit of 1.61 billion yuan, the best level in history. In 2021, Wushang reshaped its commercial projects into six major commercial systems, including "Wushang Dream Era", "Wushang Mall" and "Wushang City Outlet", and carried out the "new look" upgrade of the whole business format; Successfully developed a new format of "Wushangli" with the theme of "supermarket + lifestyle block"; Develop and build six self-owned brands of the "Wushang You" series; Formulate the development strategy of "smart martial businessmen", promote the deep integration of online and offline, and create a national sales record of 154 million yuan in a single day of GMV on Douyin, effectively enhancing the commercial value of martial artists. From November 2022 to April 2023, Wushang successively opened Wushang Dream Era, the "world's largest pure commercial complex", and Nanchang Wushang Mall, the first luxury shopping center in Jiangxi, creating the "Wushang Speed" of opening two shopping malls in a row in the six months after the epidemic.
Wushang Group will take the successful selection of the "Double Hundred Enterprises" list as an opportunity to continue to uphold the original intention of "being a Chinese national business leader enterprise", carry forward the martial arts spirit of "the more difficult the forward, the more difficult and dangerous and strive for the first", play a leading role in demonstration, continue to promote the deepening of reform, and contribute more "martial business experience" to the reform of state-owned enterprises (correspondent: Gong Ni).
Responsible editor: Hu Bo