What is the relationship between Suning Real Estate and Suning Appliance?

Suning Real Estate and Suning Appliance are both subsidiaries of Suning Group.

Structure of Suning Group:

Suning Appliance Group holds Suning Holding Group, and Suning Holding Group holds Suning Shang Yun, Suning Real Estate, Suning Department Store, Suning Finance, Suning.cn, Red Kids, Binbu.com, Manzuo.com, pptv, Suning Internet, Suning Logistics, Suning Overseas Purchase, Tesco and Laser Appliance. Suning cloud merchants include online and offline electrical and non-electrical sales. Including 58 large regions, 2 independent foreign subsidiaries, 6.5438+0.8 million employees, 6.5438+0.7 million domestic stores, more than 60 logistics and distribution centers, more than 400 foreign stores, and the estimated sales of 6.5438+0.3 billion in 2004. It is the largest non-foreign private enterprise in China, and the Internet enterprise ranks seventh. Suning universal and his subsidiaries are his eldest brother. Suning universal is worth 43 billion, totaling 654.38+025 billion. China is a veritable super invisible rich man, and he is extremely low-key and plays an important role in the retail industry.