QKL Stores Inc. Opens One New Hypermarket in Daqing City, Heilongjiang

QKL Stores, Inc. (QKL) is a regional supermarket chain that operates approximately 25 supermarkets, over 15 hypermarkets and approximately four department stores in northeastern China and Inner Mongolia. The Company's supermarkets and hypermarkets sell a range of merchandise, including groceries, fresh food and non-food items. The Company has over five distribution centers. The Company operates through operating retail chain stores segment. The Company's department stores sell clothing and accessories, cosmetics, small electronics, jewelry, books, home furnishings and bedding, as well as contain a movie theater and a traditional beauty salon. It offers a range of merchandise, including grocery, fresh food and non-food items. The Company also sells other items, such as clothing and cosmetics, and seasonal items, such as gloves, coats, sun-block and swimsuits. The Company's supermarkets have a total area of approximately 272,320 gross square meters.