Wuhan Wushang Group Co., Ltd. (000501)

Wuhan Wushang Group Co., Ltd. (000501)

Wuhan Wushang Group Co., Ltd. is the largest comprehensive commercial enterprise in Hubei Province. Its predecessor is Sino Soviet Friendship Shopping Mall (later renamed Wuhan shopping mall), which was founded in 1959. In 1986, Wushang group took the lead in the reform of joint-stock system in China. In 1992, "e Wu Shang" (000501) was listed on Shenzhen Stock Exchange, becoming the first share of Chinese commerce.

In the past 61 years, Wushang group has grown up with the process of reform and opening up and developed with the prosperity of the motherland. It has won many honorary titles such as "National May 1st labor certificate", "national reform and Innovation Award" and "national integrity unit", and has been listed as one of the 20 large-scale commercial enterprises in China by the Ministry of Commerce. The group company has nearly 20 subsidiaries and branches, with Moore commercial city, shopping center and supermarket chain as the main business forms. The company's business outlets have expanded from Wuhan to several prefecture level cities in the province, and its sales scale and economic benefits continue to lead the industry, known as "a business card of Hubei business".

Looking forward to the future, with the spirit of "never forget the original intention, bear the responsibility bravely, remember the mission and start again", all the military merchants will focus on a new round of strategic development plan of "more city to be refined, dream of a new era to be new, circle to be real, supermarket to be excellent, and regional market to be strong", build healthy military merchants, promote high-quality development of enterprises, and make new contributions to social and economic construction.

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