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Duzhe

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Chinese general interest magazine publishing and distribution

Lanzhou, ChinaFounded 2009
Valuation $500M–1B Last recorded · 2026
Revenue $100–500M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Duzhe

Duzhe is a prominent Chinese general interest magazine first published in Lanzhou in March 1981. It is published by Gansu People's Press and has become one of the most widely circulated magazines in China, often referred to as the "Chinese people's spiritual reader." The magazine's content includes original articles, condensed reprints from other publications, book excerpts, and collections of anecdotes and other short pieces.

The magazine and its related businesses are operated by Duzhe Publishing and Media Co., Ltd., which was established on December 28, 2009. This entity was formed by its parent organization, Duzhe Publishing Group, which itself was created in 2006 from the foundation of the Gansu People's Publishing House (established in 1951). On December 10, 2015, Duzhe Publishing and Media Co., Ltd. was successfully listed on the Shanghai Stock Exchange (stock code: 603999), marking a significant milestone as the first cultural enterprise from Gansu province to be listed.

The company's business model encompasses a wide range of activities beyond the flagship magazine. Its operations include the publication and distribution of books (including educational materials), other periodicals, and electronic and audio-visual products. The company has diversified into new media operations and the development of cultural creative products. It also serves as the largest agent for primary and secondary school textbook publishing in Gansu Province. The business generates revenue from the sale of its publications, advertising, distribution services, and its various other media and cultural ventures. The brand has expanded internationally, with editions for overseas markets and a significant readership in regions like Southeast Asia, North America, and Europe.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2009
Headquarters
Lanzhou, China
Employees
30
Open positions
None listed
Dealroom signal
0.0/100
Investment activity
1 company, latest Nov 2011
Capital deployed
$1.6M
Preferred round
SERIES A

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
IPOExit Dec 2015 $0 — Undisclosed —
SERIES AEquity / VC Mar 2011 $30M $121M SDIC Fund Management · APGTIME · Gepic Energy Development · Everbright Capital —
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Duzhe website traffic

Latest recorded traffic for Duzhe is 2.2K monthly website visits, down 96.4% over the last three months. Duzhe's team grew 0% over the past year.

Latest monthly visits2.2K 3-month web change-96.4% 1-year team growth0%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

  • ChemChina
  • JISCO
  • APGTIME
  • Gansu State-owned Assets Investment Group

Series A3 investors entered at this stage

  • SDIC Fund Management
  • Gepic Energy Development
  • Everbright Capital
Employees 30 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇨🇳 China50%
🇬🇧 United Kingdom16.7%
🇩🇰 Denmark16.7%
🇺🇸 United States16.7%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Duzhe on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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