Beijing Wangfujing Department Store (Group) Co., Ltd. is a company primarily engaged in general merchandise retailing and property development. The Company operates and manages general department stores, which deal with commodities such as apparels, food, footwear and hats, cosmetics, bed clothes and general merchandise, among others. As of December 31, 2010, the Company had 22 regular chain department stores, which are situated respectively in Beijing, Guangzhou, Wuhan, Chengdu, Chongqing, Hohhot, Luoyang, Changsha, Xining, Urumqi,Taiyuan, Lanzhou, Kunming and Zhuzhou, China.