Brief introduction of An Baili Group

An Baili Group is a large-scale state-owned commercial and trade circulation industrial group formed by the merger and reorganization of former Shanghai No.1 Department Store Group, Hualian Group, Friendship Group and Material Group. The registered capital of the Group is 654.38 billion yuan, and the total assets are 30 billion yuan, which basically covers all business formats of means of subsistence and means of production. Directly and indirectly holding five listed companies, including An Baili, Material Trade, friendship shares, First Pharmaceutical and Lianhua Supermarket, with business outlets centered in Shanghai and radiating to 25 provinces, autonomous regions and municipalities directly under the central government, with 7,000 employees and 250,000 employees. An Baili Group now ranks among the top 100 retailers in China 1, the top 500 Chinese enterprises 16, and the 33rd largest enterprise group in China. Fortune Global 500, 20 13 ranked 466th.