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QKL Stores Inc. (QKLS) Announces New Store Opening

QKL Stores Inc., a leading regional supermarket chain in Northeastern China, today announced the opening of a new hypermarket store. The company now has a total of 43 store locations for an aggregate total of 226,000 sq. meters of store space.

The company’s 43rd store, located in Manzhouli City, Inner Mongolia, was opened today. Manzhouli is China’s biggest inner land trade port with Russia. Located in the center of the business district, serving over 100,000 Chinese and Russian customers, this hypermarket occupies approximately 9,000 sq. meters of gross space and is the largest modern grocery store in the city.

Mr. Zhuangyi Wang, Chairman and CEO, said, “We are pleased to open our new store opening in Manzhouli, which is our third store opened in Inner Mongolia. We believe the unique and broad product section within our stores can appeal to a growing customer audience and we consequently remain focused on further broadening our store presence in the northeast China region.”

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