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Is Zhong Bai Group a state-owned enterprise or a central enterprise?
Zhong Bai Group is a state-owned enterprise.

Zhong Bai Group was established in 1990 0 1.09, which is a large chain commercial listed company. The company focuses on commercial retail and is committed to providing consumers with one-stop services of eating, wearing, playing, having fun and shopping.

Brief introduction of Zhong Bai Group:

The business scope of Zhong Bai Group includes: commercial retail and online sales of goods; Agricultural products processing; Daily industrial products and plastic products processing; Manage and represent the import and export business of various commodities and technologies (except those prohibited or restricted by the state); Project investment and asset management in real estate, hotel catering, commercial service, software industry, agriculture and other fields.

Zhong Bai Group was founded by Patriots on 1937, and was formerly known as Wuhan Branch of China Domestic Products Company. In 1950s, it was renamed as "Wuhan Central Department Store", which was the first large state-owned department store in Wuhan. 1989, the company reformed its shareholding system and established "Wuhan Central Department Store (Group) Co., Ltd.". On October 2011May 8, it was renamed as "Zhong Bai Holding Group Co., Ltd.".

Since its listing, the company has devoted itself to the development of modern circulation industry, and has developed from a single department store into more than 600 chain outlets in Hubei, Chongqing and Hunan, with a business area of over1500,000 square meters, a total of 20,000 employees, total assets of nearly 100 billion yuan and annual operating income of1300 million yuan.