Qianbaijie International Holdings Co., Ltd. ("Thousands of Baidu" or "Company", together with the subsidiary company "Group", stock code: 1028) is the second largest mid -to -high -end ladies business and leisure shoes retailers in China (according to December 31, 2012Annual retail income calculation), with a variety of design and sales of high -end womens shoes in China with a variety of designs.The Group has four own brands, namely "Thousands of Baidu", "Yidan", "Sun Dance" and "Mio"."Brand products.The Group sells its own products and franchisees to its own products and franchisees through the main products and franchisees through the department stores in Chinas first, second -tier and third -tier cities.The companys production products are exported overseas."Thousands of Baidu" is the first self -developed brand of the group. It was launched in the market in 1995. With its 2012 retail revenue calculation, it ranks fourth in the high -end womens shoes market in China.In February 2013, the group acquired the trademark of the internationally renowned fashion brand "Badgley Mischka" and "Mark & ??James".In March 2013, the Group entered into a distribution agreement with Dongguan High -level Trade Co., Ltd. and Dongguan Jiexi Leather Products Co., Ltd. as the main distributors to distribute "ASH" and "JC" brand products to further enrich the groups brand portfolio.Increase the Groups market share and the influence in the Chinese shoe market.As an industry leader with multiple brands, the retail network is developed and has a wide range.As of December 31, 2012, the Groups self -operated retail stores and third -party retail stores have a total of 2,166, all in a strategic position, enabling the group to understand the rapidly changing needs of customers in real time.Through a comprehensive vertical integration business model, the Group allows us to manage all the main operating chains including design and development, outsourcing, manufacturing, marketing, distribution and sales of products, thereby rapidly cope with market demand.We operate three production facilities located in Nanjing, Dongguan and Suining, as well as a R & D center in Foshan.Under the leadership of the Groups experienced and far -sighted management team, the design capacity owned by the Group can design 2,000 to 2,400 SKUs for each self -owned brand.Driven by the management team, the group has developed a number of important business strategies to maintain and expand the Groups leading position in the high -end womens shoes market in China.These measures include increasing sales growth in the same store in each retail store, expanding distribution and retail networks, enriching brand portfolios, and expanding the expansion business through selective acquisitions.We believe that these business strategies will lead the peak of thousands of dollars to innovate.Thousands of Baidu was called "Hongguo International Holdings Co., Ltd.". The new name can maintain the consistency of the group and its main brand names, and it can increase this as an iconic brands image, and the group as one of China as one of the leaders in ChinaThe status of high -end womens shoes retailers womens shoes retailers.The company was listed on the main board of the Hong Kong Stock Exchange on September 23, 2011.