Zhongbai Holdings Group Co., Ltd. (000759)
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Zhongbai Holdings Group Co., Ltd. Profile
| Discount Stores Industry | Consumer Defensive Sector | Mr. Meifang Wang CEO | XSHE Exchange | CNE000000180 ISIN |
| CN Country | 14,045 Employees | - Last Dividend | 12 May 2008 Last Split | 29 Apr 1997 IPO Date |
Overview
Zhongbai Holdings Group Co., Ltd. is a renowned entity in the retail sector, focused primarily on operating supermarket chains. The company’s roots can be traced back to 1989, marking its establishment as a cornerstone in the retail industry within the People's Republic of China, headquartered in Wuhan. Initially known as Wuhan Zhongbai Group Co., Ltd., its rebranding as Zhongbai Holdings Group Co.,Ltd. signifies its evolution and expansion in the retail industry, diversifying its operations beyond traditional supermarkets to include a variety of retail formats and supply chain solutions.
Products and Services
- Supermarket Chain
At the core of its operations, Zhongbai Holdings offers an expansive supermarket chain. These supermarkets are designed to meet a wide range of consumer needs, offering anything from daily groceries to household items, thus serving as a one-stop shopping destination for customers.
- Electrical Appliance Stores
Zhongbai Holdings has carved out a niche within the retail sector through its electrical appliance stores. These outlets focus on providing consumers with a wide array of electronic products, ranging from home appliances to the latest gadgets, catering to the modern demand for technology.
- Department and Convenience Stores
The company’s portfolio also boasts department stores and convenience stores, each tailored to offer a unique shopping experience. While the department stores are known for their broad selection of clothing, beauty products, and home goods, the convenience stores cater to immediate shopping needs, providing easy access to essential items with extended operating hours.
- Cold Chain Distribution Centers
A pivotal part of Zhongbai Holdings’ operation is its cold chain distribution centers. These facilities are vital in maintaining the quality and freshness of perishable goods throughout the supply chain. They play a crucial role in ensuring efficient distribution of food products to supermarkets and other retail outlets, thereby supporting the freshness and quality that customers expect.
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