[ET Net News Agency, 3 January 2020] Red Star Macalline Group Corporation Ltd (01528)
said as of 31 December 2019, it operated 87 portfolio shopping malls and 250 managed
shopping malls, a year-on-year increase of 8.75% and 9.65%, respectively. It also operated
12 home furnishing shopping malls through strategic cooperation.
In addition, the company opened 44 franchised home improvement material projects by way
of franchising, including a total of 428 home improvement material stores/industry
streets. (RC)