- Business
- Nanjing Central Emporium (Group) Stocks Co., Ltd. (600280.SS) operates department stores and retail businesses in China. The company retails daily necessities, food, cigarettes and cigars, health food, needle textiles, clothing, shoes and hats, stationery, sporting goods, sports equipment, class I medical equipment, mechanical equipment, hardware, electronic products, household appliances, furniture, decoration materials, mineral products, building materials, and chemical products; it also engages in e-commerce, high-tech product development and sales, real estate development and sales including self-built commercial complexes and residential projects, site leasing, property management, parking services, hairdressing, indoor entertainment, advertising design, and import-export agency services. Operations span department store retail, real estate development and sales, and other segments including convenience stores and industrial investments, primarily across Jiangsu, Shandong, Henan, Hubei, and Anhui provinces. Founded in 1936 and headquartered at No. 10 Yurun Road, Nanjing, China, the company maintains approximately 1,789 to 2,194 employees and targets consumer markets through chain department stores, bulk supermarkets, and online platforms. Nanjing Central Emporium Stocks Co., Ltd. recently agrees to acquire a 20% stake in Anhui Zhongshang Convenience Store Co., Ltd. from Beijing Innovation Works Venture Capital.