Baida Group Co., Ltd. manges by grouping of enterprises such as general merchandise sale, hotel business, catering services, advertisement, information services, realty business as well as import and export trade. Hangzhou Department-store Building and Hangzhou Hotel are the head office and dominant management facility of the company which are situated at the southeast of the Wulin Square in the commercial center of Hangzhou.

The registered capital of the company is 269.70 million Yuan, total assets 854 million Yuan, net assets 491 million Yuan.

The Company engages in the wholesale and retail of articles of daily use, hardwares, electrical equipment, knitwears, textils, foodstuffs, arts and crafts, garments, shoes, caps, and articles for children etc.; retail of sound and video recording publications, medicaments, cigarettes, wines, gold & silver ornaments, books and periodicals; lodging, catering, amusement; internal and external advertising fabrication; import and export trade of cotton, silk, leather garments mainly.

In 1997, the mayor business income of
the company is 914 million yuan, the total
profit is 67. 4 million yuan. According to
the statistics from the commercial information
center of the National Domestic Trade Ministry,
the company ranred 21st in gross sales among
the national selective commercial groups while
its branch, Hangzhou Department-store Building
ranked 10th in total profits among the national
selective big emporium.

The company is planning to construct at its southwards the second, auxiliary project of Hangzhou Hotel for managment of lodging, catering and amusement with general building area of 38000m², height of 65m, occupation land of 5000m², investment of 300 million yuan.

The project is now in programing. Welcome you to develop together with us in the ways of joint, cooperation, participating by shares, holding.

• Legal Person Representative: Dong Weiping
  Headquarters Add: No. 321 TiYuChang Road, Hangzhou
  Tel. Ex: 86-0571-5158800
  Tel: 86-0571-5153918
  Fax: 86-0571-5150586
  PC: 310006 E-mail: smb10<smbwz@mail.hz.zj.cn>