Beijing crown commercial science and technology development co. Ltd., a commercial enterprise based on a chain of shopping centres and supermarket chains, was established in 1995 and successfully converted from a state-owned to a private equity enterprise in 2001. The o2o model, which is complementary online and offline, has expanded to cover an area of 5,000 square kilometres. The company has a total of $500 million in assets and has opened nearly 70 direct-camp shops in the cities of higashiyama, dynasty, toyotai and yingzhou in hebei province, operating over 300,000 square metres, selling over $3 billion in 2015, paying taxes of more than $50 million and covering more than 13,000 people in local employment. A logistics centre of more than 300 acres has been built, with an annual volume of more than 2 billion yuan, one of the large logistics centres currently operating in beijing, with a full-fledged and highly specialized zui, and a strong logistics security system that protects ...