About Ningbo Zhongbai Company

The company was founded in 1992 and listed on the Shanghai Stock Exchange in 1994. Stock code: 600857. Its main business is the wholesale and retail of commercial department stores. The company has successively changed its name to “Ningbo Shouchuang Technology Co., Ltd.” and “Harbin Institute of Technology Capital Technology Co., Ltd.”, and changed its name to its current name in 2015. The company's registered capital was RMB 224 million. As of December 31, 2016, total assets were RMB 822 million, and net assets were RMB 636 million. Company registration address: 21st Floor, Huijin Building, No. 77 Heyi Road, Ningbo. The company is mainly engaged in commercial retail business. As the local commercial retail brand “Ningbo 200” in Ningbo, it has a long history and high popularity, and its product quality and service level are widely recognized by consumers. The company has been rated as a provincial and municipal civilized unit and advanced enterprise many times, and has also been awarded honors by relevant state departments such as “National Demonstration Store for Ten Thousand Stores in One Hundred Cities”, “Honest Demonstration Enterprise for Commercial and Trade Circulation Industry”, “Advanced Unit for Commercial Enterprise Consumption Consulting Service”, “China's Famous Commercial Brand Enterprise”, and “National Safe and Secure Consumption Place for Commercial Service Industry”.