The Zhang family entered Beijing Hendry.
1999 Shanghai Xinyu, founded in Shanghai, is a joint-stock company engaged in the wholesale and retail distribution of watches in China.
In 2002-03, the group's Shanghai Xinyu, Beijing Hendry, Shanghai Watch Shop and other companies were reorganized to form Xinyu Group.
In 2003, we established a joint venture "Ruiyunda" with Swatch Group, the largest manufacturer and distributor of finished watches in the world.
In 2004, it reached an agreement with Shanghai Sanlian Group, Shanghai Oriental Commercial Building Co., Ltd. and Shenzhen Hengjili World Watch Center Co., Ltd. to form a strategic alliance.
In 2004, it acquired Nivida brand and began to expand its business to the distribution field of its own watch brand.
In 2005, the group completed the reorganization and prepared to go public in Hong Kong, with code 3389.
In 2006, Sambo Group, an experienced high-end watch seller with four retail stores in Hong Kong, was acquired to develop the retail business in Hong Kong.
In 2007, it signed a memorandum of cooperation with Swatch Group to establish a retail joint venture company, and signed an exclusive agency agreement with the retail network that develops watches, jewelry and related accessories of Swatch and LVMH's OMAS brand to fully represent all products of OMAS brand in Greater China. Xinyu Hendry Holdings Co., Ltd., including high-grade writing supplies and leather products, formally signed an acquisition agreement with LVMH in Milan, Italy on June 5438+1October 65438+May to acquire 90% of its shares in OMAS at a price of 2 million euros. With the great influence of the Group's business in Greater China, it can provide a new ideal platform for OMAS to promote its business growth in these fast-growing markets.
In 2008, we obtained the agency of constance brand. Group turnover growth 100%.
In 2009, Shanghai Xinyu Zhouyuzan Watch Service Co., Ltd., a subsidiary of Xinyu Hengdeli Group, joined hands with Didi.com to make Shanghai Watch Shop Watch Service Center, Shanghai Admiralty Plaza Watch Service Center, Beijing Hengdeli Watch Service Center and Guangzhou Yuexiu Watch Service Center as special maintenance stations in Didi.com. ..
20 10 group renewed the brand cooperation agreement with LVMH group.