No, SKP is a global high-end fashion department store, located in the corner of Beijing Huamao Center, where there are nearly 1000 brands, of which more than 80% are internationally renowned brands, and there are no low-priced men's wear brands. Beijing SKP is the flagship store of high-end fashion department stores under Beijing Hualian Group, and Beijing SKP (Beijing Hualian (SKP) Department Store Co., Ltd.) is a joint venture department store invested and built by Beijing Hualian Group.