Hefei Department Store Group Co., Ltd. (000417)

Overview

Hefei Department Store Group Co., Ltd., with a history dating back to 1959, operates a comprehensive network of retail outlets across China. Based in Hefei, the company has expanded its reach by operating various forms of retail establishments, from traditional department stores to modern e-commerce platforms. It aims to serve a wide array of consumer needs by offering diverse products and services, facilitating both online and offline shopping experiences. Over the years, Hefei Department Store Group has broadened its business scope to include finance and trade services, thereby building a multifaceted retail and service conglomerate.

Products and Services

• Department Store Shopping Centers
  

  The company's cornerstone, these centers offer a broad range of consumer goods from apparel to household items, catering to the diverse needs of customers.

• Supermarkets under the Jiafu name
  

  Targeting the daily needs of consumers, these supermarkets provide a wide selection of food products, personal care items, and household essentials.

• Electrical Appliances Stores
  

  Specializing in home and personal electronics, these stores offer the latest gadgets and appliances, from smartphones to kitchen appliances.

• Chain Stores
  

  This segment includes various retail outlets under the company's banner, offering specialized products and services across different retail categories.

• Cross-border Direct Sales Centers under the Tesco name
  

  These centers focus on providing international goods to Chinese consumers, facilitating access to foreign brands and products.

• Agricultural Product Wholesale Markets
  

  Supporting local agriculture, these markets deal in the bulk sale of fresh farm produce, serving both retail and commercial buyers.

• Standardized Vegetable Markets
  

  Aimed at ensuring the supply of fresh vegetables, these markets adhere to quality and safety standards, benefiting both consumers and producers.

• Small Loan Business
  

  Expanding into financial services, the company offers small loans, catering to the short-term financial needs of individuals and businesses.

• E-commerce and Cross-border Direct Sales
  

  Embracing the digital era, the company operates online shopping platforms that offer both local and international products, enabling an integrated online and offline shopping experience.

• Airport Entry Port Operation
  

  Engaged in logistics and transportation, this service streamlines the import and export of goods, enhancing the company's cross-border trade capabilities.

• Online and Offline Integration
  

  By integrating digital platforms with physical stores, the company provides a seamless shopping experience, allowing customers to shop according to their preferences.

• Domestic and Foreign Trade Combined Industrial System Services
  

  Supporting a broad spectrum of trade activities, this service facilitates both domestic and international trade, fostering a conducive environment for business growth and development.