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SUZHOU FUNCTION GROUP CO., LTD. BRIEF INTRODUCTION

Date:2017-12-20 15:38:00Edit:Bureau of Commerce of Suzhou

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  Suzhou Function Group Co,. Ltd. (SFG), founded in 2003, is a private business group reformed from the nationwide famous state-owned Corporate Group dealing with hardware, communication and electrical equipment, a wholesale company with a history of over 60 years. Suzhou Matro Shopping Mall is the main business of SFG which also owns more than 10 other diversified branch companies, including Matro Co., Ltd., Internet Information Department, Asset Management Company, Import & Export Company, Guanghui Marketing Company, Wumen Pawnshop Company, Wumen Auction Company, Antique Company, Warehousing Company and Material Company. Total sales of SFG in 2016 amounted to 8.07 billion yuan (about 1.16 billion USD). SFG is one of the largest business groups in Suzhou.

  Suzhou Function Group Co., Ltd. is a wholly-owned group company. The three subsidiaries of it, Matro Shopping Mall, Import & Export Company and Guanghui Marketing Company merged into Matro Co., Ltd in Suzhou Industrial Park in Aug, 2015. Matro Co., Ltd established two subsidiaries in Ningbo Free Trade Zone and China (Shanghai) Pilot Free Trade Zone, engaging in medium and high level products of entry luxury clothing, jewelries, leather goods, cosmetics, baby products and toys, health products, food, household items, etc., imported from Europe, Japan, Korea, Australia and Singapore. Matro Co., Ltd. opened a branch on Changle Road, Shanghai on July 28, 2016.

  The main business of SFG, Matro Shopping Mall is located in the core business center of Suzhou, in front of Chayuanchang on Guanqian Street. Since its founding in September 1990, the company has adhered to the strategy of "consolidation, advancement, innovation, development", and the business principle of "consumer demand and satisfaction oriented", relying on a management team of high professional ethics, efficient and standardized organizational structure and scientific management standards. It is the first in Suzhou to have established a large-scale retail center mainly dealing high-end goods of international designer brands and domestic famous brands. With the opening of Matro Mall - Guanqian in September, 2009 and the opening of Matro Mall - Xinqu in January, 2012, its business area totaled nearly 120,000 square meters, with more than 2,500 parking spaces on the ground and underground. In recent years, over 100 international and domestic luxury brands have converged here in Matro Mall, such as HERMES, BVLGARI, PRADA, GUCCI, SALVATORE FERRAGAMO, BURBERRY, ROLEX, EMPORIO ARMANI, MAXMARA, COACH, LAMER, CHANEL, ESTEE LAUDER, DIOR, LANCOME and SK-II. Matro Mall has become one of the few high-end retail operators in China with nearly 180,000 VIP clients.

  Suzhou Function Group adheres to the principle of "honesty and trustworthiness, warm services, people-orientation, scientific management", and a diversified and international strategy, providing customers with direct access to more international and domestic brands through Matro Mall as a platform both online and offline, meeting the needs of consumers guaranteed by the reputation, service, quality of Function Group.

  SUZHOU FUNCTION GROUP CO., LTD.

  August 25, 2017