April 28, 2017 7:24 AM ET

Multiline Retail

Company Overview of Wangfujing Group Co., Ltd.

Company Overview

Wangfujing Group Co., Ltd. engages in the development of retailing business primarily in China. The company promotes the chain and scale development of department stores. It has approximately 30 department stores in 22 cities. Wangfujing Group Co., Ltd. was founded in 1955 and is based in Beijing, China.

No. 253, Wangfujing Avenue

Dongcheng District

Beijing,  100006

China

Founded in 1955

10,501 Employees

Phone:

86 10 8529 1188

Fax:

86 10 6513 3133

Key Executives for Wangfujing Group Co., Ltd.

President and Director
Age: 57
Chief Finance Officer and Director
Age: 56
Secretary to the Board of Directors
Age: 56
Deputy General Manager
Age: 60
Vice President
Age: 48
Compensation as of Fiscal Year 2016.

Wangfujing Group Co., Ltd. Key Developments

Beijngwangfujing Department Store (Group) Co., Ltd Proposes Cash Dividend for the Year 2016

Beijngwangfujing Department Store (Group) Co., Ltd. at its Annual General Meeting to be held on 07 April 2017, proposed a cash dividend of CNY 4.30000000 per 10 shares (tax included) for the year 2016.

Wangfujing Group Co., Ltd., Annual General Meeting, Apr 07, 2017

Wangfujing Group Co., Ltd., Annual General Meeting, Apr 07, 2017, at 13:30 China Standard Time. Agenda: To consider 2016 report of the board of directors, supervisory committee, financial resolution report; to consider 2016 profit distribution plan; to consider 2016 annual report and its summary; to consider reappointment of 2017 audit firm; to apply for registration and issuance of super and short-term commercial papers and medium-term notes; to consider authorization to the board or persons authorized by the board to handle matters in relation to the registration and issuance of super and short-term commercial papers and medium-term notes; to consider company's eligibility for public issuance of corporate bonds; to consider connected transaction regarding acquisition of 100% equity stake of a company; and to transact other matters.

Wangfujing Group Co., Ltd. Announces Earnings Results for the Year 2016

Wangfujing Group Co., Ltd. announced earnings results for the year 2016. For the year, the company reported basic earnings per share of CNY 0.891 and weighted average return on net assets of 7.096%.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 18, 2017
Belmont Hong Kong Ltd.
Merger/Acquisition
February 16, 2017
Xi'an International Medical Investment Company Limited
Merger/Acquisition
February 15, 2017
Shopping Mall in Xi'an
 

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