Bubugao purchased Nancheng Department Store
FROM:CCFA    2014-5-13
At the evening of May 11th, Bubugao Commerce Chain Co., Ltd. officially made an announcement after 1.5 month trade suspension
At the evening of May 11th, Bubugao Commerce Chain Co., Ltd. officially made an announcement after 1.5 month trade suspension, the company 100% purchased Guangxi Nancheng Department Store Co., Ltd., and resume bubugao shares on May 12th. This is a success move for Bubugao to laid its foundation for developing the dominant retailer in Guangxi.
 
    News Links
?nbsp; Bubugao to spend RMB 735 million buying properties ?nbsp; Bubugao’s Single’s Day sales grew 40%
?nbsp; Bubugao opening two new stores in Chongqing ?nbsp; Bubugao initiates “shopping receipts = Happy Lottery Ticket” program
?nbsp; Bubugao to invest RMB 1 billion for the construction of DC ?nbsp; Bubugao 1H net margin growth 10-15% lower than expectation
?nbsp; Bubugao purchased Nancheng Department Store ?nbsp; Bubugao Group achieved RMB 510 million in sales during Women’s Day