Liqun Group Joint-stock Co., Ltd.

I. Group Overview
Liqun Group Joint-stock Co., Ltd., headquartered in Qingdao, is a cross-regional, multi-format, comprehensive enterprise group. Its business formats include commercial retail, wholesale trade, logistics and distribution, hotel and catering, real estate, pharmaceutical wholesale and chain operations, car rental, tourism, finance, and other fields. The group has over 100 subsidiaries and branches, has opened more than 50 large shopping malls with an area of over 10,000 square meters each, and operates 10 wholesale trading companies. It also runs multiple modern logistics centers and 11 hotels rated four-star or above. The group's total operating area exceeds 2 million square meters. In 2016, it achieved annual sales revenue of 23.2 billion yuan, firmly ranking among the top 30 national chain enterprises and remaining in the China Enterprise 500 for many consecutive years.
II. Development Overview of Each Business Format

The retail format of Liqun Group began with the opening of Liqun Shopping Mall in 1994, marking a new starting point. After over 20 years of continuous expansion, it has firmly established its leading position in the retail industry of the Jiaodong Peninsula. In 2016, the group successfully opened Jinding Plaza in Laoshan District, Qingdao. As a landmark building of the Jinjialing Financial New District, it is expected to further develop into the group's new flagship store. In 2017, the group will open a commercial shopping plaza in Lianyungang, marking the first time the retail format expands beyond Shandong Province, further enhancing the group's brand influence and creating new sales and profit performance for the group.
The main companies in the group's wholesale and trade format include Fuxingxiang Distribution Co., Ltd., Fuxingxiang Logistics Co., Ltd., Ruishang Trading Co., Ltd., Ruili Apparel Co., Ltd., Bosheng Trading Co., Ltd., and Yuheng Electric Appliance Co., Ltd. These companies are responsible for the integrated operation of various product categories such as supermarket fast-moving consumer goods, apparel, home appliances, toys, cosmetics, and jewelry, supporting internal store distribution, external secondary distribution agencies, and the operation of other retail terminals or specialty counters within the group.
The group's logistics centers include the Shibei Pharmaceutical Logistics Center, Licang Logistics Center, Jiaozhou Comprehensive Logistics Center, and Wendeng Logistics Center. Among them, the Jiaozhou Logistics Center has a planned area of approximately 250,000 square meters and serves as a large third-party logistics center radiating across the entire Shandong Peninsula. Logistics equipment and applied technologies include high-rack storage and picking, automated three-dimensional warehouses, electronic label picking, automatic conveyor control, and voice picking. Through the construction and application of multiple logistics centers, the group ensures the supply of goods for its terminal channels and drives the rapid development of its business scale.
Liqun Group currently operates 11 hotels of four-star or above, located in Qingdao urban area, Chengyang, Zhucheng, Jiaonan, Rizhao, Wendeng, and Penglai, among others. The hotel business adheres to scientific management, continuously improving management standards and maturing in branding and scale development.
Liqun Group is one of the early real estate development groups. Its real estate companies include Qingdao Deyuantai Real Estate Co., Ltd., Qingdao Yiju Real Estate Co., Ltd., and Qingdao Construction Real Estate Co., Ltd. These companies mainly develop commercial projects, logistics centers, hotels, residential properties, and other projects. The cumulative development area exceeds 2 million square meters, accumulating rich experience in engineering management and real estate development, achieving good economic and social benefits.

The group's pharmaceutical companies include Shandong Ruilang Pharmaceutical Co., Ltd. and Qingdao Liqun Pharmaceutical Chain Co., Ltd. Ruilang Pharmaceutical is a listed company on the New Third Board, and its distribution variety count and number of manufacturers supplied have ranked the top in the Qingdao region for many consecutive years. The pharmacy chain has opened over 50 Liqun pharmacies. The scale of Liqun Group's pharmaceutical wholesale and chain operations continues to expand, gradually developing into a large pharmaceutical enterprise integrating pharmaceutical wholesale, medical device sales, pharmaceutical technical consultation, retail chain, and e-commerce.
Other business companies of the group include cultural investment, e-commerce, water plants, car rental, travel agencies, micro-loans, pawnshops, property services, real estate sales, and many others. Leveraging the group's brand advantages, these companies further enhance business scale and have also achieved good economic and social benefits.
III. Talent Recruitment Channels and Career Development Plans
Enterprise development requires a large number of outstanding talents, and the group selects and recruits qualified personnel through various channels. Over the years, campus recruitment has been an important channel for the group to recruit and cultivate excellent talents. Each year, the group recruits 200-300 fresh graduates with bachelor's degrees or above, offering competitive salaries and providing employees with personalized career development plans for job skills, as well as multi-position training and practical opportunities. The group maintains sustained and healthy growth, and as a multi-format company, it provides a broad development platform for newcomers.
IV. Compensation and Benefits
The group offers competitive compensation and benefit packages. Depending on the job position, employees may enjoy position-based bonuses or performance bonuses in addition to their basic salary.
Other benefits include staff dormitories, collective household registration handling for Qingdao, and five insurances and one housing fund. Additionally, based on years of service within the company, employees can apply to join the mutual aid fund and enjoy additional benefits.