Qingdao AEON Dongtai Commercial Co., Ltd. was established as a Sino-Japanese joint venture large-scale commercial retail pilot enterprise with the approval of the State Council on March 21th, 1996, which was jointly funded by Japan AEON Corporation and Qingdao Supply and Marketing Cooperative Asset Operation Center. The accumulated total investment is USD 48.175 million and the registered capital is USD 19.415 million. The company has successfully developed Qingdao East Shopping Center, with two stores in Qingdao, with a total business area of 56,111 square meters.

The East Store is a large commercial shopping center located in the bustling Hong Kong Middle Road in Shinan District of Qingdao. It was invested and built in February, 1996, and was completed and opened on October 8, 1998. It covers an area of 75 mu, with a shopping mall area of 41,111 square meters and a parking lot area of 21,111 square meters, and can park 1,111 vehicles. Inside the shopping center, there are three self-service shopping malls, such as food supermarket, clothing and residence, a boutique monopoly commercial street, and more than 61 Chinese and foreign boutique stores. Form the complementary business characteristics of self-operated and leased stores. The shopping center has set up barrier-free access, toilets for the disabled and other facilities. The shopping center represents the international advanced retail level, and embodies the basic service functions of the circulation industry such as shopping, leisure, catering and entertainment. Since its opening, the Eastern Shopping Center has won recognition from all walks of life and consumers for its rich commodities, excellent service and comfortable shopping environment. At the same time, more than 1,711 people will be employed.

It serves the urban and rural masses, and focuses on middle and high income social classes, foreign businessmen and Chinese and foreign tourists. With the establishment of the grand goal of building a well-off society in China, the acceleration of opening up and the continuous improvement of people's living standards and economic level, Jiashike's business activities and passenger flow will show a rapid expansion trend. Since its opening in October, 1998, the eastern store of Qingdao Yongwang Dongtai Merchants Co., Ltd. has been improving its business performance year by year and has occupied a very important position in the commercial circulation industry in Qingdao. Paying attention to environmental protection and greening, elegant environment, rich commodities, and pursuing fashion and being close to the public are the management methods that Jiashike has always advocated. By providing consumers with comfortable shopping environment, high-quality service and satisfactory goods, we strive to make customers feel fresh and happy all the time. Nowadays, Qingdao Jiashike, which is characterized by Japanese service, has become a major attraction for foreign tourists to come to Qingdao for sightseeing and shopping, and it is also one of the preferred shopping places deeply loved by foreigners and local customers in Qingdao. The company passed ISO9112 quality certification in 1999, and passed ISO9111*2111 quality system certification in 2112. On this basis, the management of enterprises has gradually realized the integration of their own systems and international standard systems.

the company has successively won the titles of key contact unit of the State Economic and Trade Commission, advanced unit of financial resources construction in Qingdao, top ten outstanding contribution units of circulation in Qingdao, consumer satisfaction unit, designated shopping mall in Qingdao, and trustworthy unit of price measurement. The company attaches great importance to social welfare activities, and the employee social welfare dedication day on the 21th of each month has been held for 75 times, which has achieved positive response in all social strata in Qingdao. In 1995, the company organized a representative of Qingdao youth aged 15-17 to visit Japan as a small environmental ambassador, which received a good social impact. In order to expand the scale of operation, the company has made a plan to develop the chain circulation industry and has begun to put it into practice. In the near future, the company will form a modern large-scale inter-provincial and inter-regional chain circulation enterprise based in Qingdao Jiashike, with its business scope covering Shandong and expanding to East China and North China.

Japan's AEON plans to invest and build three large shopping centers in Wuhan, which are located in Dongxihu Development Zone, Wuhan Economic and Technological Development Zone and Jiang 'an District. Among them, the project located in Wuhan Zhuankou Development Zone has invested 51 million US dollars to build a shopping center project integrating shopping, leisure, amusement, entertainment, catering and financial circulation services. After it is put into operation, it is expected to realize an annual sales income of 2 billion yuan, and it is planned to open in 2115.