Yes Guangzhou Meihua Department Store Co., Ltd. official website query shows that Meihua Department Store was established on June 20, 2020 with a registered capital of 500,000 yuan, and has chain stores in Guangzhou, Dongguan, Jiangmen and Foshan. Chain stores refer to many small-scale and scattered retail stores, which have the same brand and operate similar goods and services. Under the leadership of the headquarters, they adopted a common business policy and concerted marketing actions, implemented the organic combination of centralized procurement and decentralized sales, and realized the combination of economies of scale through standardized operation.