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Suibao Department Store Holdings (China) Co., Ltd. (the “Company”) was incorporated as a limited company in the Cayman Islands on November 5, 2008. The Company and its subsidiaries (collectively, the “Group”) are mainly engaged in department store business in the People's Republic of China (“China”). The Group is one of the department store chains with a long history in Shenzhen. It specializes in the mid-range market segment and operates its department stores under the “Suibao Department Store” and “Suibao Plaza” brands.