April 13th,

As of the first quarter of March 2011, the international retail store posted an average growth of 14.7% in the same store.

As of the end of March, the number of retail stores in the group reached 7457, with a net increase of 194 in the first quarter.

The group's retail sales recorded strong growth in January and 2 this year, but in March it was softened after the Lunar New Year's advance sales.

Its retail discount has been maintained at about 20% in recent years.

Due to the relatively strong growth in retail sales, the channel inventory ratio dropped to 3.3 times the monthly turnover, which was 3.9 times at the end of December last year.