China Yintai Holdings Co., Ltd. (“Yintai Group”) is a department store retailing conglomerate whose primary activity is department store retailing. Yintai Department Store Group aims to achieve chain operation, specialization, and intensification, and combines the advantages of Yintai Department Store to achieve management and industry innovation, implement brand strategy, and form a large-scale retail enterprise brand with Yintai commercial culture characteristics.
In terms of sales, Yintai Department Store has surpassed the largest department store chain enterprise in Zhejiang Province. Yintai Department Store Group's total sales exceeded 7 billion yuan in 2008, with assets exceeding 6 billion yuan and approximately 4,000 people, and its business performance has risen to the top of national department store chain companies. Following several visits and market research, Yintai Department Store created a strategic alliance with YACOTEE and purchased many sets of spider machines through our company.