On 24 december 2018, tianjin up to new retail company ltd. Was established with registration status in room 1211 of office building no. 28, china electronic commerce industrial park, kyojin, wuqing city, with the legal representative wei zhigu. The scope of operations includes general items: internet sales; sale of artificial intelligence hardware; sale of chemical products (other than licensed chemical products); wholesale distribution of construction materials; wholesale distribution of metal materials; wholesale distribution of mechanical equipment; wholesale distribution of automobiles and spare parts; wholesale distribution of cooking equipment and groceries for daily use; retail sale of hardware and equipment for the sale of hardware and computers; retailing of communications equipment; retailing of electronics; retailing of medical devices for category i; wholesale distribution of medical devices for category ii; wholesale distribution of medical equipment for category ii; design, production, agency; design of graphics; technical services, technology development, technical advice, technology exchange, technology transfer, technology promotion. (in addition to projects subject to authorization under the law, the operation is carried out autonomously under a licence). Licensing items: wholesale publications; retail publications; food operations (bulk food sales); retail tobacco products. (a project subject to approval by law may be carried out only with the approval of the relevant department, depending on the document or licence approved by the relevant department). Tianjin soon went to new retail ltd to invest in four companies。