20 12 Xinhua department store has developed into a large commercial group with 2.754 billion assets, with three subsidiaries (Yinchuan Xinhua department store chain supermarket co., ltd., Yinchuan Xinhua department store dongqiao electric appliance co., ltd. and Qinghai Xinhua department store commercial co., ltd.), seven department stores (Xinhua store, Dongfanghong store, old building store, shopping center store, Zhongwei store, Xixia store and modern city) and 200 chain stores.
Adhering to the business philosophy of creating profits for shareholders, serving customers, creating opportunities for employees and creating wealth for society, the company has achieved good development. Ranked 2 1 in the national department store listed companies and 74th in the national top 100 chain stores. 20 1 1 year, Xinhua Department Store ranked 297th among the "Top 500 Chinese Enterprises" and 9th among the top 100 enterprises in Ningxia.