Hefei Department Store maintained steady growth of scales and performance

Listed in the Shenzhen Stock Exchange in August 1996, Hefei Department Store Group Co., Ltd. (000417) is so far the only one listed commercial company in Anhui Province. It is also the largest comprehensive business group in Anhui Province. After 50 years of development, the company has formed three business formats, including department store chain, supermarket chain and electronics chain.

In 2009, the company's main business income was 5.885 billion Yuan, up 16.82% on a year-on-year basis; net profit reached 201 million Yuan, up 66.93 percent. Statistical data shows that since 2002 the growth rate of revenue of the company s main business has been maintained in 25.86%, and net profit compound growth rate has been kept at 34.39%. Business scales and performance also has been maintained stable growth.