About MAOYE INT'L Company

Maoye International Holdings Limited (the “Company”) is a limited liability company incorporated in the Cayman Islands on August 8, 2007. The Company and its subsidiaries (the “Group”) mainly operate and manage department stores and property development businesses in the People's Republic of China (“China”). The Company's shares were listed on the main board of the Hong Kong Stock Exchange Limited (“Stock Exchange”) on May 5, 2008 (the “Listing Date”). Since the opening of its first store, Shenzhen Dongmen, in 1997, the Group has gone through more than 20 years of dedicated development and careful layout. With its strong competitiveness and reform and innovation that keeps pace with the times, the Group has gradually consolidated its leading position in the South China region, and has further expanded into the hinterland markets of East China, Southwest China and the fastest growing region, and has become an industry leader in many regions. As of June 30, 2024, the Group operated and managed 49 stores in 21 cities across the country, with a total construction area of about 3.1 million square meters, of which owned properties accounted for 78.1%. Key cities covered include Shenzhen and Zhuhai in Guangdong; Chengdu, Nanchong and Mianyang in Sichuan; Chongqing; Wuxi, Yangzhou, Taizhou, Nanjing and Huai'an in Jiangsu; Zibo, Jinan, and Heze in Shandong; Qinhuangdao and Baoding in Hebei; Shenyang and Jinzhou in Liaoning; Taiyuan, Shanxi; and Hohhot and Baotou in Inner Mongolia. The Group actively grasps the development trend of high-end physical retail in China, integrates online and offline advantages, opens up upstream and downstream, empowers new retail, creates a new type of offline consumer experience with full time, multiple scenarios, and high efficiency, and strives to achieve a strategic transformation from traditional department store retail to new retail.