Zhongmin Baihui Expands Retail Operations in Shanxi Province
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Zhongmin Baihui Retail Group Ltd. has announced the establishment of Shanxi Baihui Yueshang Commercial Management Co., Ltd. in collaboration with Shanxi Xinjiarong Property Development Co., Ltd. This new entity will oversee a large retail mall in Lishi District, Shanxi Province, set to open in the first half of 2026. The project will be financed through internal resources and bank loans, with no significant impact on the company's financial metrics for the fiscal year ending June 2025.
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