Inzone Group transforms to engage in the business of real estate

Department store chain Inzone Group started to accelerate the pace of its transition of business to the commercial real estate operations. In the group s shareholders meeting held on June 30^th, Inzone Group adopted three resolutions on the proposed shopping malls. The three new projects will locate in Baoding city in Hebei Province, Tai'an city in Shandong Province and the commercial powerhouse in West China--- Xi'an city in Shaanxi Province. The completion of these three projects will further expand the business area of Inzone Group by hundreds of thousands of square meters.