Introduction of Guangzhou Friendship Group Co., Ltd.

Guangzhou Friendship Group Co., Ltd. (SZ:000987) is a large state-owned comprehensive commercial listed company. The company is headquartered in Guangzhou, an international metropolis known as the "Millennium Capital". Guangzhou Friendship was founded in 1959 and successfully listed in 2000, becoming the only listed company in Guangzhou department store retail industry. At present, the company owns 60,000 square meters of self-owned property, 4 stores, 2 holding subsidiaries and 3 shareholding companies.