NO.138

The 20th Birthday of Wuxi Commercial Mansion
ReleaseDate: 2009-10-01

September 28th, it was the 20th birthday of Wuxi Commercial Mansion owned by Great Orient Plc. Established in 1988, it has grown into the top fashion department store in Jiangsu.

On the evening of that day, an anniversary party was held inviting brand and VIP customers who had a good partnership with the Mansion owner. Juneyao’s Chairman Wang Junjin and CEO Huang Hui also attended the activity. Addressing the party, Chairman Wang Jun Junjin summarized the Mansion’s achievement over the past 20 years, “The Year of 2007 was commemorable to the Mansion’s development, where we took the lead in transforming Wuxi’s general merchandise industry towards international brands-based style. Besides, we funded and undertook our largest expansion and decoration program since the inception, which resulted in a new business area of up to 70,000 square meters, turning the Mansion into the greatest fashion shopping mall within Jiangsu Province. As we embraced the Year of 2008 when we finished such wonderful transformation, we launched the re-optimizing and upgrading strategy and had a number of brand customers swarm into the building. Today we are able to see a preliminary complex in front of us. In conclusion, Chairman Wang extended on behalf of the Group the warm gratitude to the society.

It was learned that the Manson owner held various activities to celebrate the 20th anniversary. On the afternoon of the 28th, the celebration day, a banquet was happily offered to the representatives of the retirees, excellent workers and model workers of the Mansion. Before the banquet, an internal party was held on the 25th, where Vice Chairman Wang Junhao and CPC Committee Secretary Chen Li joined.

Over the last 20 years, the Mansion has performed brilliantly with an accumulated business turnover of over RMB36 billion and a tax volume of more than RMB1 billion. In addition, it has donated accumulatively to the society a total of over RMB10 million employing more than 6,000 persons.

In the next few years, the owner will look as even greater goals to build the Mansion into a conglomeration with core business, high competitiveness, ideal general economic benefit, which will generate tens of billions of yuans in yearly turnover and radiate the Yangtze Delta, achieving its new landmark.