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Suning Aims for Annual 3C Sales of RMB 35b in 3Yrs
Home appliance and electronics retailer Suning (002024.SZ) aims to record 3C goods (computer, communication and consumer electronics) sales revenues of RMB 35 billion yearly after three years, Sina reports citing the company's newly appointed president, Jin Ming. Suning's revenue for 3C goods this year is expected to be nearly RMB 15 billion and the segment will become Suning's core business in future, the report said.
July 28, Suning named Jin Ming as company President. Jin replaces former presidential incumbent Sun Weimin, who will remain with the company as a vice director.
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