No. Xinbai is Yinchuan Xinhua Department Store Co., Ltd., located in the bustling area of Xinhua East Street in Yinchuan business circle. Yinchuan Xinhua Department Store, the largest state-owned commercial enterprise in Ningxia, was the first commercial listed company in Ningxia founded on 1997 1 3. Ifcx is not Xinbai, but two different companies. Established in 2006, Hangzhou Intercontinental Food Co., Ltd. is a Sino-foreign joint venture, with European high-quality production equipment and domestic cost advantages, providing Chinese and western pastry products for domestic and foreign catering chain enterprises, supermarkets and hotels. The company mainly produces and sells frozen and quick-frozen dough and western-style quick-frozen products, which have been sold to Tesco, Baijia, CR Vanguard, Metro and other large domestic catering supermarkets; Foreign sales to Southeast Asia, North America and Europe and other countries and regions.