Ccooper Group Co. Ltd. (000564)

Overview

Ccoop Group Co., Ltd, originally known as Xi'an Minsheng Group Co., Ltd., is a diversified retail and financial services group operating in China and internationally. The company rebranded to its current name in February 2017 and establishes its headquarters in Haikou, China. Founded in 1959, the Ccoop Group has expanded its operations significantly to include retail, supply and marketing, financial services, and logistics. It is not only a prominent player in the retail industry with its operation of 14 department stores and shopping malls across key cities like Xi'an, Haikou, Tianjin, Baoji, Hanzhong, Yan'an, and Eastern Gansu but also a vital provider of various financial and logistic solutions catering to a wide range of client needs.

Products and Services

• Department Stores and Shopping Malls: Ccoop Group operates 14 major retail locations offering a wide variety of products and services. These are strategically located in Xi'an, Haikou, Tianjin, Baoji, Hanzhong, Yan'an, and Eastern Gansu, serving a significant portion of the company's retail business segment.
• Financial Services: The company provides a comprehensive suite of financial services targeting both individual and corporate clients. This includes asset management and investment analyses, designed to deliver risk avoidance and asset allocation solutions for high-net-worth customers. Additionally, the company extends Internet banking, petty loans, pawn-broking, trade financing, logistics and supply chain financing for manufacturers, agents, stores, and micro financing for both individuals and businesses.
• Factoring Services: Offering tailored factoring service solutions, Ccoop Group caters to the financial needs of businesses by providing a flexible financing option designed to enhance cash flow and manage receivables efficiently.
• Cloud Warehouse: This service is a testament to the group's commitment to innovation in the logistics sector, providing an integrated supply-chain service that encompasses storage and dispatching. It's particularly focused on serving domestic fast-moving consumer goods (FMCG) manufacturers, brand owners, and dealers.
• Cool shop: Ccoop operates its supermarket and convenience store brand under the name Cool shop, which provides daily consumer goods to customers. This brand also has an online presence, allowing customers to shop from the convenience of their homes.
• Logistics and Supply Chain Services: The company's logistics park operations, member stores, cooperative shops, franchise stores, and the overarching supply and marketing chain all underscore Ccoop's strength in providing comprehensive logistics and supply chain services. These are tailored to meet the demands of its vast customer base, emphasizing efficiency and reliability.