Wushang Group is the largest comprehensive commercial enterprise in Hubei Province. Its predecessor was the Sino-Soviet Friendship Shopping Mall founded in 1959 (later renamed Wuhan Mall). In 1986, Wushang Group took the lead in implementing a shareholding system reform in the country. In 1992, it was listed on the Shenzhen Stock Exchange, becoming the first commercial stock in China. Wushang Group's Wushang Mall consists of its three shopping malls, Wuhan International Plaza, Wushang Plaza, World Trade Plaza, and Wushang Li. It is the largest shopping mall group in central China. Sales in the business district steadily rank among the top three in the country and number one in sales in central China. It is an important window for foreign exchange and opening up in Wuhan to showcase international and import and export trade. The wushang city of Ole, Xiangyang Shopping Center, Shiyan People's Mall, and Huangshi Shopping Center dominated their respective regional markets. It is mainly engaged in the business of selling products in shopping malls and supermarkets. Main products: Shopping center and supermarket business. Corporate honors: During the reporting period, the 2019 list of China's top 100 chain chains and China's top 100 supermarkets was released one after another. The company and its wholly-owned subsidiary Wushang Supermarket ranked 16th in the top 100 supermarket chains and 18th in the top 100 supermarkets, respectively.
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