Xinjiang Friendship (Group) Co., Ltd. was formerly known as Urumqi Friendship Shopping Center, which was founded in 1958 and is a long-established state-owned commercial retail enterprise. 1987 was approved by the People's Government of Urumqi Municipality for reconstruction and expansion of the original site, and it was put into operation in 1989; in 1993 it was restructured into a limited liability company by means of directional fund-raising, and the stock was listed in Shanghai Stock Exchange in 1996, thus turning into a publicly listed company. In 1996, the stock was listed on the Shanghai Stock Exchange, thus becoming a public listed company with a registered capital of RMB 311 million yuan. 1998, the company implemented a strategic reorganization of assets, and Urumqi Tianshan Department Store combined with a strong combination of the company to form the Xinjiang Friendship (Group) Co.
At present, the group has total assets of RMB 2.891 billion and net assets of RMB 1.014 billion. Total share capital of 311,491,400 shares, with friendly shopping malls, Tianshan Department Store Building, Friendship Hotel, Meimei Friendship Department Store Branch, Dushanzi Jinsheng Fashion Department Store Branch, Dushanzi Jinsheng Fashion Department Store Branch Friendship Supermarket, Friendship Yiho Branch, holdings: Friendship Litong Logistics Co. Ltd., Xinjiang Friendship Group Huajun Real Estate Development Co., Ltd., Friendship Advertising Co., Ltd., Tiansheng Electronics Co., Ltd., Shanghai Shenyou Biotechnology Co., Ltd., Friendship Travel Agency Co. Ltd., Xinjiang COFCO Coca-Cola Beverages (Xinjiang) Company, Xinjiang Urban Construction Company Limited, Xinjiang Friendship Parkson Commercial Development Company Limited, Xinjiang Huiyou Real Estate Development Company Limited.
The company's main business area of more than 190,000 square meters, operating more than 100,000 kinds of products, the existing staff of 3,084 people, all kinds of professional and technical personnel 229 people, sales staff of 1,095 people, the comprehensive economic strength assessment for successive years, ranked first in the commercial circulation area in Xinjiang.
Friendship Group firmly grasp the strategic goal of "doing a good job of strengthening the main business, the coordinated development of related industries", the implementation of the "new culture, new fashion, new life" business philosophy, efforts to create a "new department store "image, seize the opportunity to seek development. In recent years, the scale of operation and profitability have made great development, further consolidating the leading position of Friendship Group in Xinjiang commercial market. The company has been awarded as "100 largest and most effective stores in China", "Demonstration store without counterfeit goods in 100 cities and 10,000 stores in China", "Advanced unit in creating spiritual civilization industry", "Consumption unit of national commercial enterprises", "Consumption unit of national commercial enterprises", "Consumption unit of national commercial enterprises" and "Consumption unit of national commercial enterprises". In 2009, the company was honored with "National May 1st Labor Certificate", "National Ankang Cup Advanced Collective", "National Golden Tripod Department Store" by the Ministry of Commerce, "Credit and Contract Honoring Enterprise" by the Autonomous Region, etc. The company has been awarded the "National Credit and Contract Honoring Enterprise". Credit and Contract Honoring Enterprise of the Autonomous Region. As a major taxpayer in Urumqi, from 2000 to 2006, Friendship Group was awarded the titles of "Outstanding Contribution Enterprise", "Meritorious Enterprise" and "Model Taxpaying Enterprise" for six consecutive years in Urumqi. "
Faced with the challenges, the Group has been able to make the best use of its resources.
In the face of opportunities and challenges, the Friendship Group is striving for a sense of urgency and a sense of mission to carry out "re-entrepreneurship", fully utilizing the financing advantages of the listed company to promote the retailing of department stores, supermarkets, chain services, tourism and real estate, and to develop into the social utilities, information network industry and high-tech fields with a promising future. For the leading idea, through hosting, mergers and acquisitions, holding, equity participation, joint, asset replacement and other forms of capital operation to increase the strength and quality of expansion, and strive to reach 3.5 billion yuan of income from the main business, among the top 50 national business groups, in order to build Urumqi City into an international business center and strive for.