Hunan Friendship&Apollo Commercial Co.,Ltd. (China)

Being the largest department store retailers in Changsha and Hunan Province, the company has the longest operating time with a history of more than 30 years. The company owns "Friendship", "Apollo", "Jiarunduo", "Chuntianbaihuo" and many more well-known department store brands, among which Friendship Store has been selected and titled as one of 35 “Golden Tripod Store” by Ministry of Commerce. Its department stores cover 4 of 5 major business districts of Changsha occupying very favorable locations. The company owns half of its department stores’ property rights, which mean great reducing of operating costs. It has also established long-term relationship with more than 1,000 international and domestic brands and suppliers and formed long-term stable strategic development partnerships with them. The company has developed strong investment capabilities and stable supply channels as well. Its core management team has engaged in local retailing for more than 30 years with extensive management experience and skills in department stores.