Li Qiang Wang

Beijing Capital Retailing Group Co., Ltd. engages in the operation of department stores. Its business includes sale of general merchandise, construction materials, chemicals, food and beverages, knitwear, jewelries, audio-visual products, and remote controlled toys. The company was founded in May 1993 and is headquartered in Beijing, China.

Beijing New Yansha Holding (Group) Co., Ltd is a fully state owned company set up by Beijing Municipal Government. The Group has 13 subsidiaries including You Yi Shopping City Co., Ltd Beijing Lufthansa Center, Kempinski Hotel Beijing Lufthansa Center, Beijing Mansion Guiyou Co., Ltd, and Beijing Seal Art Company. The New Yansha Group is a large-scale inter-regional enterprise spanning multiple systems of ownership with a diversified business scope. With the authorization for the operation of the state owned assets, the Group is mainly engaged in property rights management and capital investment operation. It conducts business in the following ways: Acquisition, stockholding, Sino-foreign joint ventures and investment, leasing, as well as export and transfer of management technologies.