About Wangfujing Group Company

The company is one of the largest retail groups in China, and is also a national commercial brand loved by Chinese consumers. The company was founded in 1955, and its predecessor was the “First Store in New China” -- the Beijing Department Store. Since its inception, it has become a banner for business in New China. In 1994, the company's shares were listed on the Shanghai Stock Exchange. The company's operating income mainly comes from product sales revenue and rental income from the company's stores. The company's main product business: department store business, Ole business, shopping center business, supermarket business, duty-free business, specialty stores, online business. Corporate honors: It won the first prize of the 2014 National Advanced Unit for Large Retail Enterprise Statistics; Wangfujing Department Store was named “National Key Commercial Group Enterprise”, “China Red Cross Fraternity Medal”, and “China's Top 100 Chain Chains”; Wangfujing Department Store was awarded the “China Department Store Industry's Most Commercially Valuable Enterprise Award”, the “Ten Year China Department Store Summit Outstanding Contribution Award”, and the 2018 Golden Bull Most Investment Value Award.