(Yicai Global) June 19 -- JD.Com aims to have seven listed firms with market valuations of at least USD14 billion apiece, according to a two-decade plan the Chinese e-commerce giant’s new chief executive officer shared with staff this past weekend.

JD also plans to create three new businesses with revenues of more than CNY1 trillion (USD140 billion) and net profits of CNY70 billion (USD9.8 billion) each, Xu Ran, who was named CEO on May 11, said in an open letter to employees on June 17. In addition, the firm targets having five businesses listed in the Fortune 500, she added.

Two units -- JD Property and JD Industrials -- have already filed this year for IPOs in Hong Kong to join their Beijing-based parent company and siblings such as JD Logistics, JD Health International, and on-demand delivery platform Dada Group.

The company will provide more than 1 million jobs over the period and pay CNY100 billion (USD14 billion) in taxes in China, Xu said.

JD’s shares [HKG: 9618] ended 1.9 percent lower at HKD154.40 (USD19.76) each today, while the benchmark Hang Seng Index came off 0.6 percent. The stock has tumbled 30 percent this year, bringing JD’s market value down to HKD484.8 billion (USD62 billion). The firm’s New York-listed equity [NASDAQ: JD] fell 0.3 percent to USD39.85 on June 16.

After analyzing the external environment and industry situation, to turn the 20-year plan into a reality, JD should focus on smaller markets, technical services, and international business, Xu pointed out.

JD is also to invest more than CNY3 trillion to pay the remuneration packages of 1 million frontline employees in the next two decades, she said, adding that its schemes for rural revitalization will facilitate over 100 million farmers to increase their income.

JD will join hands with 60 million micro, small, and mid-sized firms in digitalization, Xu noted. The firm will expand its supply chain services to cover the globe, build supply-chain infrastructures in economies that account for 80 percent of the world's total economic output, and achieve carbon neutrality by 2043, she said.

Editors: Zhang Yushuo, Martin Kadiev