Grand Ocean Retail Group Ltd. (hereinafter referred to as Grand Ocean or the Company) is one of the largest and most influential department retail distribution groups in mainland China. As a holding company, Grand Ocean Classic Commercial Group Co., Ltd. deploys all the retail stores in each major city in compliance with our operation strategy “a department store for a company”. Our operation team members mainly contain most of those talents who expertise in department operation, coming from Taiwan and China. We actively uphold the concepts of “Fashion We Lead, Taste We have”, “Genuineness We Deliver, Reputation We Believe” and “Customer the Highest, Service the Newest” to create a shopping environment with extraordinary fashion, taste and comfort for our customers all over. Operations of Grand Ocean Group contain shopping, leisure events, entertainment and catering services, making it a comprehensive department retail entity. The very first department store – Fuzhou Zhongcheng Grand Ocean Department Store Ltd. (later renamed Fuzhou Grand Ocean Commerce Limited) of our Group was founded in Sep 2002. As the economic was growing rapidly in mainland China, consumption ability of the people also increased. Afterwards, Grand Ocean subsequently established its own branches in different provinces and regions in China to enlarge the group scale, and has become one of the largest-scale department groups among the mainland. Grand Ocean Group has totally founded 14 department stores, covering 9 cities in China, including Shanghai, Fuzhou, Nanjing, Quanzhou, Wuhan, Hengyang, Yichang, Hefei and Shiyan (containing Fuzhou Jiaruixing Underground Shopping Center). Grand Ocean shall keep deeply cultivating in the three major regions where we have the advantage in competitiveness (Fujian, Jiangsu, Anhui, Hubei and Hunan included): Sino-center region based on Wuhan city, Sino-east region based on Nanjing city, as well as Sino-south region based on Fuzhou city. At the end of 2021, Grand Ocean entered the first-tier city of Shanghai. The Grand Classic 1000 trees project, which was grandly opened on the bank of Suzhou River is the perfect beginning of the great vision of “creating another Grand Ocean” of our staff.