Group business covers retail, supermarket, department store, shopping center, banking finance, real estate development, hotel and tourism industry. Among them, the shopping center is one of the core business group. The group has successively in the construction of the shopping center Xiamen, Jinjiang, Chengdu, Suzhou, Chongqing, Zibo, 44, a total construction area of over 5 million 400 thousand square meters, and plans to 2013 will double the number of shopping malls.
The group is made up of 7 listed companies, one of the largest listed companies in Philippines, founded in 1958 by Mr. Shi Zhicheng, an overseas Chinese in Philippines. The core business of the group covers shopping centers, hotels, retail (including supermarkets, department stores, brand stores), banking, financial services and tourism and other major areas. As of 2008, net assets of the group in Philippines is about 292 billion 400 million pesos (about 41 billion 300 million yuan) as a core part of business group, XX group after more than and 20 years of rapid development, now has 41 large-scale comprehensive shopping center, a total construction area of over 4 million 700 thousand square meters, the daily flow of more than 3 million passengers. Among them, so Asia mall, the world's fourth largest shopping center, an area of about 400 thousand square meters. In addition, there are 9 shopping centers in the construction of the group, including the South China Suzhou Life Plaza, Chongqing City Plaza, Zibo, Shandong and Tianjin Binhai New Area and so on the city square