Guangzhou Grandbuy Co.,Ltd (China)

Guangzhou Grandbuy Co., Ltd is a large-scale, modernized, and distinctive department store retail company located in Guangzhou. The company specializes in the retail of department store goods. It was previously a state-owned large-scale department store retail enterprise but has since been restructured into a state-owned holding company with diversified investments. This transformation has allowed the company to shift from traditional department store operations to a diversified business model, including chain operations. As a result, Guangzhou Grandbuy has become a market leader in the retail service industry in South China. In March 2007, the company was once again recognized by the Guangdong Provincial Economic and Trade Commission as a key cultivation enterprise in the circulation industry. The company operates several chain stores, including Guangbai Department Store, Guangbai Electronics Company, and Jiaguang Supermarket. Guangbai Department Store is the core business of Guangbai Co., Ltd and currently has a total operating area of nearly 270,000 square meters in both Guangdong Province and other regions.