Profile: Maoye International Holdings Limited (0848.HK)

Maoye International Holdings Limited is engaged in the operation and management of department stores in the People’s Republic of China. The Company, along with its subsidiaries, is a department store chain in the regions of southern and southwestern China, operating 19 stores (including 10 Maoye-branded stores and nine Chengshang-branded stores) across ten cities. The store chain covers four areas, including southern, eastern, northern and southwestern parts of China. It operates in three segments: operation of department stores segment, which comprises concessionaire sales and direct sales of merchandise; sale of automobiles segment, and others segment, which comprises principally leasing of investment properties, operations of hotels and provision of ancillary services, operations of advertising, trading and construction of television networks. In June 2008, the Company acquired Cheng Shang Group Nanchong Commercial Co., Ltd.