Shanghai Yongqi Beauty and Hairdressing Investment Management Co., Ltd. (Beijing) Branch was formally established in April 2009. The company's main business scope is to invest in and open directly-operated chain stores under the unified name of "Yongqi Beauty and Hairdressing Direct Chain Co., Ltd.", providing customers with "one-stop" services such as beauty SPA, hair design, and health and wellness. As early as 2007, the Shanghai Yongqi head office conducted in-depth market research on the Beijing market. Later, Hu Wenming, the current marketing department manager of the Beijing branch, led a team to enter Beijing in May 2008 to develop the market. Through detailed market analysis and positioning, with the familiarity with and strong support for the local Beijing market from Dong Guangjie, the current manager of the Beijing market development department, and the team's hard work, the first store in the Beijing market, the Jinyuan Store, finally opened on July 3, 2008, and has continued to achieve encouraging results since its opening. With the successful first step, the Wenhui Store and Liuliqiao Store were opened successively. With the establishment of Yongqi (Beijing) Branch, the company accelerated its market pace and successively opened the Fuli City Store, Maliandao Store, Hufang Road Store, Zhichun Road Store, Fangzhuang Store, Chongwenmen Store, Wudaokou Store, Wusheng Road Store, Chaoyang Road Store, Jiaoda Store, Zengguang Road Store, Huawei Store, Wanliu Store, Zhixin Store, Dongzhimen Store, Yayuncun Store, Julong Store, Pufang Store, as well as two stores in the Tianjin market... In just two years, the total operating area of the stores under Yongqi (Beijing) Branch is currently about 10,000 square meters, with annual sales exceeding 160 million yuan, making peers in the Beijing market look at it with new eyes and rush to imitate it. In the next two years, the company plans to invest in and open another 50-100 directly-operated chain stores in Beijing, with annual sales exceeding 500 million yuan, becoming the leading brand in the domestic beauty and hairdressing industry. Directions to the headquarters: Bus 360/539/365, get off at the South Gate of the Air Force Command College
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