Springland International Holdings Limited is an investment holding company. The Company and its subsidiaries are engaged in the operation and management of department stores and supermarkets in People’s Republic of China (PRC). The Company operates in two segments: department store segment and supermarket segment. Its department stores offer fashion and apparels, cosmetics and accessories, footwear and others. Its supermarkets offer fresh food, dry food, non-food merchandise and others. As of December 31, 2011, the Company operated and managed 14 department stores and 22 supermarkets in 11 cities. The Company’s subsidiaries include Danyang Springland Department Store Co., Ltd., Jiangsu Huilian Electronic Limited Company, Wuxi Finest Property Management Co., Ltd., Wuxi Huixing Gold Store Co., Ltd., Wuxi Huichen Clothing & Trading Co., Ltd. and Jiangsu Datonghua Shopping Centre Co., Ltd., among others.