Established on July 4 th, 2000, Beiguo Renbai Group is mainly engaged in retails businesses. In addition, we also hold a supermarket chain, and own chain stores dealing electronic appliances, jewelry and watches. Our business has also extended to commercial software, storage and transportation, and restaurant etc. Our total sales value reached RMB 5,000,000,000 in 2006. Our operating area is 600, 000 square meters.
The Beiguo Renbai Group was among the top ten retailers in China in 2003. The Beiguo Commercial Building was among the top ten single retails stores in China in 2005. The Chow Tai Fook Jewelry, of which we are the biggest member in the mainland, has now opened 15 branches in Tianjin, Zhengzhou, Hebei, with a total sales value of RMB 200,000,000 in 2006. We also became the biggest member of the Hong Kong Emperor Jewelry in North China in 2006.