Suning Holdings Group has five main industries, namely, "cloud business", "properties", "investment", "finance", and "culture and creation". As the renowned retailer service provider in China, Suning has two listed companies in China and, about 1,700 stores at home and abroad, and the sales volume of RMB 280 billion per year, thus known as one of the top 3 private enterprises in China and with 300 million users. On the afternoon of June 22, 2016, World Brand Laboratory released China's 500 Most Valuable Brands 2016 list in Beijing. According to the list, Suning, with the brand value of RMB 158.268 billion, ranks the thirteenth on the list and the first in the retail industry.