Zhongmin Baihui Retail Group

Disruption and Digitalisation

Customers can now order Zhongmin Baihui’s supermarket products online

Zhongmin Baihui Retail Group, an established retail brand that manages and operates a chain of supermarkets and department stores in China’s Fujian province, has opened its e-commerce store to let

Contracts

Zhongmin Baihui to purchase $23.7 mil worth of distilled wine from Kweichow Moutai Group

SINGAPORE (June 22): Zhongmin Baihui Retail Group, a Singapore-listed operator of department stores in China, announced that it has signed a direct sales agreement with a unit of Kweichow Moutai Gr

Corporate moves

Zhongmin Baihui sees growth in outlet malls; coronavirus outbreak impact yet to be felt

SINGAPORE (Feb 14): Online shopping is booming in Asia, but brick and mortar retail isn’t going away anytime soon.

Results

Zhongmin Baihui Retail posts 1Q earnings up 14.2% to $5.01 mil on higher other income

SINGAPORE (May 15): Zhongmin Baihui Retail Group reported 1Q18 earnings increased by 14.2% to RMB 23.8 million ($5.01 million), compared to RMB 20.8 million on 1Q17 due to higher other income.

Five trading representatives fined and suspended

SINGAPORE (Feb 20): The Disciplinary Committee of the Singapore Exchange has fined and suspended five trading representatives for breaches including manipulating shares in two different cases.

Zhongmin Baihui opens new store in Quangang, China

SINGAPORE (Sept 30): Zhongmin Baihui Retail Group announced that it has opened a new store Quangang, Quanzhou City, Fujian Province.

Stocks To Watch

Sapphire, SUTL, Zhongmin Baihui, Khong Guan, Lifebrandz, SGX

SINGAPORE (Sept 29): Here are some stocks that could move the market this Thursday morning:

Zhongmin Baihui to acquire retail premises for $25 mil

SINGAPORE (Sept 29): Zhongmin Baihui Retail Group is planning to acquiring the retail premises of the shopping mall at Hui’an County in Quanzhou, Fujian province, for RMB122.2 million ($24.9 millio

Zhongmin Baihui shutters Nanjing store

SINGAPORE (July 12): Zhongmin Baihui Retail Group said on Tuesday that it has decided to close its operations at its Nanjing Nanzhan store in Jiangsu province, China.

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