Maoye International Holdings Ltd is a company principally engaged in the operation and management of department stores and property development. The Company operates its businesses through three segments. The Department Stores segment is mainly engaged in concessionaire sales, direct sales of merchandise and the leasing out of commercial properties for the operation of department stores by third parties. The Property Development segment is mainly involved in the development and sale of commercial and residential properties as well as the leasing out of commercial properties other than for the operation of department stores. Others segment is mainly involved in operations of hotels and the provision of ancillary services. The Company mainly conducts its businesses in the domestic market.
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