- CEO
- Yao Feng Shi
- Full Time Employees
- 9,012
- Sector
- Finance
- Industry
- Real estate development
- Address
- Red Star Macalline Headquarter Shanghai SH China 201106
- IPO Date
- Jun 26, 2015
- Business
- Red Star Macalline Group Corporation Ltd. operates and manages home improvement and furnishing malls across China, leasing floor space to tenants specializing in furniture, building materials, and home decor; providing construction, design, and decoration services; retailing home furnishing merchandise; and offering logistics, internet retail, strategy consultation, and management services through its five segments of owned/leased portfolio shopping malls, managed shopping malls, construction and design, related home decoration and merchandise sales, and others. Founded in 1992 and headquartered in Shanghai, the company conducts operations nationwide across more than 200 cities in 30 provinces, encompassing 74 self-operated malls, 228 managed malls, 7 strategic partnership malls, and 22 franchised projects as of September 2025, primarily targeting middle-class consumers in first- and second-tier cities with a one-stop omnichannel platform for home furnishings. It maintains affiliations with its holding company, Red Star Macalline Holding Group, and has deepened ties with Xiamen C&D Inc., including a RMB 9.5 billion revolving loan facility agreement entered in April 2025 and ongoing collaborations in mall development, tenant sourcing, and financial support up to RMB 100 million for partners in 2025. Recent initiatives feature the launch of M+ High-End Home Decoration Design Centers under a "Hundred Mall Strategy," an Aging-Friendly Home Furnishing Experience Center in Beijing in 2024, smart appliance halls nationwide, and portfolio adjustments with new openings in Chengdu alongside closures and transfers to optimize operations amid market shifts.