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Chairman Wang Zongnan visits Chairman of Izumiya in Japan

(People's Daily Online)    16:25, September 30, 2013
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Chairman Wang Zongnan visits Chairman of Izumiya in Japan

On September 18, Wang Zongnan, Party Secretary and Chairman, and Cao Xiaofeng, member of Party Committee and CFO of Bright Food Group, visited leaders of Izumiya such as Chairman Shiga Norio and President Sakata Toshihiro in Osaka, Japan. Meanwhile, as accompanied by the head Masaja Narirō, they investigated Izumiya’s Osaka-based retail terminal - Tisato Aki Store.

Wang expressed his sincere thanks for continuous support and help from Izumiya to Bright Food Group. The Izumiya supermarket achieved great success in Suzhou where Bright Food Group had realized sound sales performance. Wang said Bright Food Group struck several M&A deals on overseas market, like Weetabix of Britain specializing in breakfast cereal, Synlait Milk of New Zealand in dairy products, Manassen Foods of Australia in nut fruits distribution and DIVA of France in exporting and distributing Bordeaux. As all these overseas products of Bright Food Group could enter mutual markets through Izumiya’s retail terminals in China and Japan, he hoped that both parties further enhanced the cooperation in these fields. Meanwhile, he welcomed Shiga Norio to investigate enterprises and farms of Bright Food Group all over the country for guidance, so as to strengthen their friendship and mutual understanding and promote the cooperation in new fields and modes with concerted efforts.

Shiga Norio also showed his appreciation on behalf of all the staff Izumiya for the great success Bright Food Group had achieved during the sales promotion activity for Bright Food Group held by Izumiya supermarket in Suzhou in July, since these products were popular with Suzhou citizens. At present, Bright Food Group kept the good sales performance in Izumiya supermarket of Suzhou. He hoped Izumiya would further enhance the cooperation with Bright Food Group in broader scope and explore new cooperation mode for both parties.

As a famous retail group in Japan and with more than 200 large stores of over 12,000m2, Izumiya has accumulated abundant experience in retail. Its annual operating income now stands at more than JPY350 billion, equal to over RMB22 billion. (By Ji Lvqing)

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(Editor:YaoChun、Chen Lidan)

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