Guangzhou Grandbuy Co., Ltd. (Stock code: 002187) is one of China’s Top 100 Service Enterprises, a leading enterprise in Guangdong Province and the core company of Guangzhou General Merchandise Group Limited, the largest state- owned commercial group in Guangdong Province. Guangzhou General Merchandise Building was established in 1991 and then was developed into Guangzhou Grandbuy Co., Ltd. through shareholding reform in 2002. It was listed successfully in 2007.The business of company covers department store, specialty store, wholesale and agent, and online shopping. The company has nine major retailing brands, namely Grandbuy, Xindaxin Department Store, GBF, Grandbuy Gold Building, One City shopping mall, Grandbuy electrical appliance, Grandbuy Supermarket, Li Zhanji and GBHUI.COM. By 2014, the company had had 26 chain stores, with total operational area of 600,000 square meters and annual sales volume of 11 billion yuan. It has become a local state- owned chain retailing service enterprise with the most outlets, largest sales volume and best inter-city chain development momentum in Guangzhou.