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Zhang Jindong: 2.5 Days This Year To Open A Store To Open In Beijing 10 - Zhang Jindong, Suning,

Shanghai and Shenzhen as the "first unit" of the owner of the CPPCC National Committee

member Zhang Jindong, Suning, chairman of the submitted "with the legislative establishment of commercial circulation pattern" flurry of proposals. March 10, on the proposal and referred to the development of Suning own problems, Zhang Jindong, accepted an interview with our reporter.

Two and a half to open a shop

Reporter: Suning had sales in 2004 to 22.1 billion yuan, which ranked third in the Beijing market. Suning how does the 2005 expansion and the various provinces in Beijing is how the layout?

Zhang Jindong


: Due to the relationship between listed companies, may disclose information is limited, but you can clearly tell you that we will accelerate the pace of expansion in 2005, basically to ensure that every 2.5 days to open a store. In Beijing, it will open 10 stores this year, mainly in the ring and the fourth ring, and business more developed rural areas, such as Changping.

Reporter: Suning itself, what are the irregularities?

Zhang Jindong

: Compared with the size of my mind, is still in its early stage of development; But objectively speaking, is a middle Suning's business, therefore, also some of the less perfect place. For example, do not form the interaction of the logistics and distribution platforms and information systems. From the upstream suppliers and downstream consumers, has not established a comprehensive settlement platform, and full office automation and digital monitoring. Of course, this is also our long-term planning, investment step by step to complete.

In the shop building, are all still stuck in the lease. But with the expansion accelerates, the rent increase and the prime locations of the shortage, the future direction of development is self-built store.

Not for misappropriating public

Reporter: How do Suning in Shanghai and Shenzhen at present the "first unit" of the stock price?

Zhang Jindong

: I am very confident of our stock. As the stock market under the approval system, we have counseling after a five-year period before listing, the challenges we have experienced this year, so our stock is a tried and tested.

Reporter: Suning listed the purpose of misappropriating it?

Zhang Jindong

: We listed not only for financing to expand the number of stores, bigger and their size and, more importantly, we want to market to Suning more open, transparent, establish modern enterprise system, to the enterprise internationalization development.

Reporter: What about corporate and your own relationship?

Zhang Jindong

: Business is not my own, now Suning investors and staff of Suning, I just play a role at the helm, my pressure is very large, enterprise scale do the larger faces more problems. A reporter once asked me, "the 2005 greatest wish is that?" Then my answer is, "If you have half a day a month break, the more good." Later I saw this on the program of their own, feel very real. My daily work schedule is 0:00 or so to rest up 5 points, even lay down 8 points, could not sleep.

Proposed legislation to regulate commercial order

Reporter: Are you at two of the proposals is "using legislation to establish commercial flow pattern", you can talk about the reasons put forward this proposal it? This flow of trade in live Suning some problems in the expansion is directly related to it?

Zhang Jindong: China's sudden emergence of chain enterprises in 2004, before the national chain of 30 business total sales 384.56 billion yuan, accounting for 7% of the total retail sales. But business has long been regarded as the supporting industries, industry, commercial industry is lagging behind the process of legalization. In addition, our chain development in regional areas are sometimes subject to interference. Again, China's business laws and regulations that currently is not good enough, lack of in accordance with the specifications. And local governments to attract foreign investment, given the large number of preferential policies, such a seemingly reasonable policy virtually to the risks posed by domestic enterprises.

Reporter: How to resolve the current problems facing the distribution industry, whether specific to talk about?


Zhang Jindong

: legislative mechanisms to speed up our business with a legal means to establish a good business and circulation, and avoid vicious competition, establish a modern commercial circulation pattern, expand the scale of our business, around the corner. Meanwhile, the state should provide the necessary financial, taxation, legal support, to help enterprise business development, and thus fostered the international competitiveness of some chain and improve the competitiveness of Chinese enterprises.

Speed up the integration of domestic retail and corporate resources to actively support the participation of private capital, economic restructuring, state-owned commercial business enterprise restructuring. As well as groups focused on cultivating large-scale circulation enterprises, especially large-scale private distribution companies.

by: gaga
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