Shandong Xinbowei Electric Trading Co., Ltd. was established in 1998, and its headquarters is located in Guo Shan North Road, Tengzhou City. It is used in five stores: Guo Shan North Road V Inn, Guo Shan Middle Road Fair Price Store, Datong Road Flagship Store, Township Store Xigang Store and Longyang Store, with annual sales exceeding 200 million yuan. It is a specialized retail mall integrating household appliances and commercial air conditioners.