Grand Ocean Department Store Group Co., Ltd (GO), incorporated in May, 2002, specialized in department store retail in China. The company was listed on the Taiwan Stock Exchange in June 2012, stock code (5907). At present, GO has 15 stores in 10 cities including Nanjing, Wuhan, Chongqing, Fuzhou, Suzhou, Quanzhou, Xiangtan, Hengyang, Yichang and Hefei. The total operating area is more than 690,000 square meters. The total assets of the group is RMB 4 billion.
The management team of GO come from both mainland China and Taiwan who have over 16 years experience in department store operations and management. Upholding the principles of “service, objectivity and innovation”, GO provides customers, merchants and developers with comfortable shopping environment, efficient operating platform and enormous property value. Besides, GO creates lots of employment opportunities and tax revenue for local government.
With the expansion of domestic retail demand, GO has actively expanded nationwide. New development will be focused on municipality, capital cities and prefecture cities. According to different market size and spending power, the stores are classified into three types –"boutiquestore", "fashion store" and "life store". In the future, GO will be one of the largest and most successful leading retail enterprise in China.