The company was founded in 1992 and successfully listed on the Shanghai Stock Exchange in 1996. After more than 30 years of deep industry cultivation, Lishang Guochao's main business is commercial asset operation and management, and it has four core assets in the central regions of Hangzhou, Nanjing and Lanzhou. The company's main business is professional market management, commercial department store retail and new consumer new retail business. Honors received by the company: In October 2010, the Asia Europe Seafood Hotel won the title of “Lanzhou Top Ten Catering Enterprises”, “Lanzhou Safe Consumer Store”, and the “Jinpeng Award”, the highest award at the 4th China Gansu Food Festival; in December 2010, the Asia Europe Commercial Building won the “Honest Unit”, “Consumer Trustworthy Unit”, and “Double Credit Unit” by the Gansu Provincial Administration for Industry and Commerce, the Gansu Provincial Consumer Association; in July 2011, Lanzhou Minbai Group was awarded the “Lanzhou Top Ten Retail Business Enterprises” by the Lanzhou Municipal Bureau of Commerce; 2012/3 Yuelanzhou Minbai Group was honored as an “honest unit” by the Gansu Consumer Association.
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