The company was owned by Zhang Guiping (Chinese: 张桂平), via Suning Universal Group, Co. Ltd. for 21.750% stake, (Chinese: 苏宁环球集团有限公司, Zhang himself had 90% stake in the Group Co.), as well as held 17.270% stake directly.

Zhang Kangli (Chinese: 张康黎), son of Zhang Guiping, owned 14.930% stake in the listed company, as well as 10% in the Group Company, making the listed company was majority owned by Zhang family.

Zhang Guiping is the elder brother of Zhang Jindong, co-founder of Suning Commerce Group.

[3] In order to list in Shenzhen Stock Exchange, Suning Universal Group purchased a listed company and paper maker based in Jilin Province, and then inject the business from Suning Universal Group to the listed subsidiary.

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