How many SM malls are there in China?

It has successively built 44 shopping malls in Xiamen, Jinjiang, Chengdu, Suzhou, Chongqing, Zibo and other places, with a total construction area of ??more than 5.4 million square meters.

SM Group consists of 7 listed companies and is one of the largest listed companies in the Philippines. It was founded in 1958 by Mr. Shi Zhicheng, an overseas Chinese from the Philippines. The group's core business covers shopping mall operations, hotels, retail (including supermarkets, department stores, brand stores), banking, financial services and tourism.

Company Profile

The well-known Philippine SM PRIME Group in Southeast Asia (originating from SHOEMART, also known as Shoe Store Holdings), its business scope includes Moore Shopping Center development and management (SM MALL), retail (SM Department Store, SM Hypermarket, SM Toy Hypermarket, etc.), entertainment (SM Cinema, SM Food City, SM Bowling Alley, etc.), banking, real estate, manufacturing and other fields.

In particular, the group owns more than 20 large chain SM SUPERMALL, including SM MEGAMALL, the largest single mall in the Philippines with 330,000 square meters, with a total area of ??more than 3 million square meters. Its performance has been substantial annual growth. In 1999, it was rated as one of the "Best Managed Companies in Asia" by financial magazines such as EUROMONEY and ASIAMONEY, and its capital ranked among the top ten companies in the Philippines.