Baoji Department Store (Group) Co., Ltd is principally engaged in the operation of department stores and chain supermarkets. The Company is also involved in hotel management, the provision of catering services, the distribution of traditional Chinese medicines, the toll collection for roads and bridges, as well as the development and sale of real estate. The Company operates its businesses mainly in China’s domestic markets with Baoji (Shaanxi Province) and Lanzhou (Gansu Province) as its major markets. As of December 31, 2008, the Company had 28 outlets, including 26 chain supermarkets.