It is an enterprise at the department (bureau) level. The chairman of the board is appointed by the Shandong Provincial State-owned Assets Supervision and Administration Commission.
Shandong Provincial Commercial Group Co., Ltd. (referred to as "Lushang Group") is a large state-owned enterprise established by the Shandong Provincial Department of Commerce at the end of 1992. Its business scope includes modern retail, real estate, biochemical pharmaceuticals, It operates in many fields such as hotel tourism, cultural media, real estate, education, automobile trade, and micropayments.
It owns two listed companies ("Ginza Shares" and "Lushang Real Estate") and a national-level agricultural product Logistics Engineering Technology Center and three well-known Chinese trademarks "Runjie", "Ginza" and "Akihito", with nearly 200,000 employees. It is now directly supervised by the State-owned Assets Supervision and Administration Commission of the People's Government of Shandong Province.
Extended information
Industrial layout of Lushang Group
In accordance with the concept of diversified investment and professional management, Lushang Group has formed a "group headquarters-sub-group" -Enterprise” three-level management structure. The group headquarters is positioned as a strategic and investment management and control headquarters, the industrial sub-group is the profit center, and the subordinate companies of the sub-group are operating entities. The group manages the industrial sub-groups and directly managed enterprises and institutions through the functional management unit of the headquarters.
Retail industry
Retail industry is the main business of Lushang Group. It is based on China's famous trademark - "Ginza" and covers high-end department stores, large supermarkets, shopping malls, modern home furnishings, and electronics. It has various business formats such as business and convenience stores, as well as professional companies such as green food, jewelry, red wine, and electrical appliances. It has more than 120 large-scale stores in Shandong, Henan, Hebei and other places.
It jointly operates more than 180 convenience supermarkets with Taiwan Uni-President Group, and has multiple projects under construction in Beijing, Jiangsu, Shaanxi, Heilongjiang and other places. The scale of the company ranks first in Shandong's retail industry and at the forefront of the national retail industry.
Real Estate Industry
The real estate industry is the key industry of Lushang Group. The listed company "Lushang Real Estate" is the main body, through organic cooperation with the group's internal retail, hotel, cultural and entertainment sectors. Combined with the comprehensive development of city squares, residences, office buildings, hotels and other products, it has more than 30 project companies in the province and cities such as Beijing, with an annual development volume of 3 million square meters and an annual sales volume of over 10 billion yuan.
In 2012, it won the honorary titles of "Influential Real Estate Brand Enterprise in China", "2012 China Real Estate (Qilu) Leading Enterprise", "Top Ten Contributors to Housing Reform in the Fifteen Years", and "Top Ten City Operators in Jinan". .
Pharmaceutical industry
The pharmaceutical industry is another key industry of Lushang Group. With Shandong Freda Pharmaceutical Group as the main body and relying on Shandong Academy of Pharmaceutical Sciences, it has two national-level pharmaceutical companies. With a comprehensive R&D platform, four provincial scientific research institutes and three provincial laboratories, its scientific research achievements have twice won the second prize of the National Science and Technology Progress Award.
The leading ophthalmic products "Runjie" and "Runshu" eye drops account for 20% of the domestic market share, making it the largest ophthalmic drug production base in the country; the leading orthopedic product "Shipet" accounts for 20% of the domestic market share of similar products 80% of the pharmaceutical market share; "Akihito" neck pain series products are very popular in the market for their significant curative effects; hyaluronic acid products with independent intellectual property rights occupy a major share of the domestic market and are exported to international markets such as Japan, South Korea, the United States, and Europe. .
In addition, various explorations have been carried out in the fields of cosmetics, health products, traditional Chinese medicine and other fields, and a health industry chain integrating research, production and sales has basically been formed.
Baidu Encyclopedia-Lushang Group