Jingkelong
| Company type | Public |
|---|---|
| Industry | Retail (Supermarkets) |
| Predecessor | Beijing Guandongdian Shangsha |
| Founded | 1994 |
| Headquarters | Beijing , China |
Area served | Beijing and Langfang, Hebei |
| Products | Hypermarkets, supermarkets, convenience stores, shopping malls |
Number of employees | (2015) |
| Website | www |
Beijing Jingkelong Supermarket Chain Company Limited, commonly known as Jingkelong (JKL; , ), is a prominent supermarket chain in China with its main office situated in Chaoyang District, Beijing.
By 2015, the company managed a network of 280 retail locations, which includes hypermarkets, supermarkets, convenience stores, and shopping malls across Beijing and Langfang, Hebei. These outlets cater to customers in 16 different districts and counties within these areas.
History
The origin of the company dates back to 1994 with the establishment of Beijing Guandongdian Shangsha (北京关东店商厦). The first store under the Jingkelong brand, named Jingkelong Jingsong supermarket (京客隆劲松商城), commenced operations in 1995. In 2002, the firm set up Beijing Jingkelong Supermarket Chain Company Limited (北京京客隆超市连锁有限公司), which was shortly thereafter renamed to Beijing Jingkelong Supermarket Chain Group Company Limited (北京京客隆超市连锁集团有限公司). Following a restructuring of assets, the company adopted its current designation, Beijing Jingkelong Company Limited (北京京客隆商业集团股份有限公司), in 2004.
Jingkelong proceeded with its second initial public offering in 2006, achieving a listing on the Hong Kong Stock Exchange on September 25. The stock price increased by 22% on its debut trading day. Post-listing, the company expanded its footprint by purchasing eight stores from the Fulande retail chain. In 2007, it invested 50 million yuan to acquire an 11% shareholding in Shoulian, elevating its position to become the 27th largest retailer nationwide.
See also
- Wumart, a principal competitor of Jingkelong