In September 1996, Hong Kong Shiu Fung Group successfully opened the first supermarket in Nantong City, Jiangsu Province, named "Times", which is meant to follow the trend of history and lead the trend of the times, thus taking the first step in the chain of supermarkets of the times. At present, Times Supermarket is distributed in Jiangsu, Zhejiang, Shandong, Anhui and other places. The company to "convenient, benefit the people" for the purpose of adhering to a high starting point, high standards, according to the international modern retail mode of operation. With "integrity, professionalism, service, innovation" as the spirit of enterprise, "people-oriented, customer-oriented" as the business philosophy, efforts to shape the customer full of enthusiasm, full of sincere love and good work ethic of the workforce, and strive to create a pleasant and relaxing We strive to create a relaxing and pleasant shopping environment and provide customers with a comfortable shopping place. Since the company started operation, the sales scale doubled year after year, the market share of the synchronous increase in the areas involved, have made the community, especially the customer's recognition. 2004 sales amounted to 3.67 billion yuan, ranked 35th in the national chain industry enterprises.
In the scale of continuous expansion at the same time, the company will be the international advanced retail concepts and technologies into the daily operation, with high-quality management team, a complete computer network information system, to achieve the company's specialized management, which improves the competitiveness of the company, and further development has laid a solid foundation. Jiangsu Times Supermarket upholds the integrity and efficiency of the management mode, the development space is unlimited. In the future, Times will develop intensively in Shanghai, Jiangsu, Zhejiang, Shandong, Anhui, etc., to quickly complete the regional advantages and scale, and look at the national development. Times to provide good quality and low price goods and customer satisfaction service for the purpose of establishing a national brand with Chinese commercial characteristics.