It is mainly engaged in books, periodicals, audio and video, electronic publications, culture and education, trade services, warehousing and transportation, import and export trade, etc. it has 77 branches of Xinhua bookstores in cities and counties, and holds shares in Jiangsu Phoenix Xinhua Culture Development Co., Ltd., Jiangsu Phoenix Network Technology Media Co., Ltd., Jiangsu Phoenix Xinhua Supply Chain Management Co., Ltd., and Jiangsu Modern Vocational Education Book Distribution Co., Ltd Ltd., Beijing Phoenix Shunyuan Logistics Co., Ltd. and other 6 subsidiaries. In 2017, Fenghuang Xinhua achieved an operating revenue of 12.388 billion yuan, a profit of 825 million yuan, and a total asset of 10.127 billion yuan. Its main economic indicators ranked in the forefront among its peers in the country. The number and scale of outlets of Phoenix Xinhua ranks first in the country, with 1442 large book city and small and medium-sized stores; the total area of outlets in the province is 890000 square meters; there are 27 outlets with an area of 5000-10000 square meters, and 12 outlets with an area of more than 10000 square meters; the modern book logistics with an operation area of 200000 square meters, with an annual delivery code of more than 10 billion yuan, has initially formed the new port logistics as the center It is an inter provincial logistics distribution network with Subei, Suzhong and Beijing Fenghuang Shunyuan as sub centers and city and County company logistics as fulcrum. Standing at the new starting point of development, Phoenix Xinhua will take deepening reform, improving performance and unifying double effects as the core, build a standardized organization management system of distribution group, improve management level and operation efficiency; focus on improving development quality, strengthen market control ability, maintain steady growth of profits and sales, and strive to build an innovative cultural leader.