Maoye International Holdings Limited (the "Company") was incorporated in the Cayman Islands with limited liability on 8 August 2007. The Company and its subsidiaries (the "Group") are principally engaged in the operation and management of department stores and property development in the People's Republic of China (the "PRC"). The shares of the Company were listed on the Main Board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") on 5 May 2008 (the "Listing Date").
The Group is positioned at the medium to high-end department stores and shopping centers and offers a stylish and diversified merchandise and services mix for well-off urban residents. As a leading domestic operator of the retail industry, the Group operates stores in the affluent regions of China with high economic growth. Currently, the Group is strategically expanding into four regions: Guangdong Province which is economically developed, Sichuan Province which is one of the most densely populated regions, Jiangsu Province and Shandong Province which ranks among the top three regions in terms of GDP, and Northern China, such as the Bohai Rim region.
As at 30 June 2016, the Group operated and managed 49 stores in 18 cities across the nation with total gross floor area of 2.42 million square metres, of which self-owned properties accounted for approximately 81% in gross floor area (excluding the gross floor area of managed stores). The cities under its coverage include Shenzhen and Zhuhai in Guangdong Province; Chengdu, Nanchong and Mianyang in Sichuan Province; Chongqing; Wuxi, Taizhou, Yangzhou and Changzhou in Jiangsu Province; Zibo and Heze in Shandong Province; Qinhuangdao and Baoding in Hebei Province; Shenyang in Liaoning Province; Taiyuan in Shanxi Province; and Baotou and Hohhot in Inner Mongolia.
updated as per Interim Report 2016
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