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JD-SW's JD Pinpin: No Separate Expansion Plan for Areas Outside Beijing's 5th Ring Road
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Recent rumors have it that JD-SW (09618.HK)'s JD Pinpin has opened a store in Beijing's Fangshan District and is planning to establish a presence in Hebei. In response, the company stated that JD Pinpin has integrated operations with Huaguan Supermarket in the Fangshan District, maintaining the same pricing strategy as Huaguan Supermarket and leveraging its own supply chain advantages to offer affordable, high-quality products. In addition, the company emphasized that there are no so-called plans or statements about separately expanding beyond the Fifth Ring Road in its regional planning and development strategy. AAStocks Financial News |
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