Ccoop Group Co., Ltd (000564.SZ) SHZ

Currency In CNY

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Ccoop Group Co., Ltd

Address

No. 103 Jiefang Road

Xi'an, SA 710005

China

Phone

86 898 6996 1810

Sector

Consumer Cyclical

Industry

Department Stores

Employees

2430

First IPO Date

January 10, 1994

Key Executives

NameTitlePayYear Born
Xin WangChief Financial Officer949,4001971
Jing DuBoard Secretary961,6001976
Rengang WangDirector & President1.09M1971
Guo Guang XieVice president01977
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Description

Ccoop Group Co., Ltd, founded in 1959 and headquartered in Haikou, China, is a diversified enterprise with extensive operations across retail, distribution, financial services, and logistics sectors, serving both Chinese and international markets. The company was previously known as Xi'an Minsheng Group Co., Ltd before rebranding to its current name in February 2017. In the retail domain, Ccoop manages a portfolio of 14 significant commercial venues, including department stores and shopping centers. These are primarily located in key urban areas such as Xi'an, Haikou, Tianjin, Baoji, Hanzhong, Yan'an, and the eastern region of Gansu province. Beyond retail, the group delivers a wide array of financial solutions. This encompasses asset management and investment analysis services, along with bespoke strategies for high-net-worth clients focused on investment risk mitigation and optimal asset allocation. Its financial offerings further include internet banking, various lending services like petty loans and pawn broking, and micro-financing tailored for individuals and small businesses. Additionally, Ccoop provides factoring services and specialized financing for trade, logistics, and supply chains, supporting manufacturers, agents, and retail outlets. The company's logistics and supply chain division features "Cloud Warehouse," a platform offering integrated storage and dispatching services for domestic fast-moving consumer goods (FMCG) manufacturers, brand owners, and dealers. It also operates "Cool shop," a network of supermarkets and convenience stores that supply daily necessities, complemented by an online sales channel. Furthermore, Ccoop is involved in operating logistics parks and oversees a broad supply and marketing chain that incorporates member, cooperative, and franchised store models.

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