Group profile: The Group's main business is operating department stores and shopping centers in China. This includes the acquisition of the “Century Jinhua” brand department store in Urumqi, as well as the development of its own department store business through the acquisition of a number of designated assets from “Xi'an Gaoxin”. The Group also signed an agreement with Jinhua Investment Co., Ltd. to acquire Zhonglou Department Store A store business agreement to launch department store business in northwestern China.
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