Gansu Guofang Industry & Trade (Group) Co., Ltd. (China)

Gansu Guofang Industry & Trade Group Limited By Share Ltd. was established in April 1996 and is headquartered in the eastern side of Dongfanghong Square in the center of Lanzhou. It is a large listed private enterprise that primarily engages in department store retail, supplemented by comprehensive supermarkets and electrical appliance retail. Over the years, the company has developed three commercial retail brands: "Guofang Department Store," "Guofang Supermarket," and "Guofang Electrical Appliance." The company has implemented a steady expansion strategy, transitioning from single-store operations to chain operations. While based in Lanzhou, it has expanded its presence to provinces and cities such as Qinghai and Ningxia, becoming the first department store company in the northwest to establish a chain in the "Gan, Qing, Ning" region. Currently, the company operates over 10 stores with a total operating area of nearly 300,000 square meters.