TIENS would undertake survey on Supermarket

Chennai, Apr 24 (UNI) The Beijing-based Tianjin Tianshi India Private Ltd (TIENS) would undertake a business survey in the country for venturing in Supermarket business in order to sell their health and cosmetic products.

Talking to newspersons here today, Company's President Li Jinyuan said soon after the survey, the company would identify the locations, where it would have its supermarkets. For this purpose, the company would invest 15 million USD in the coming years, he added.

He said the company held a one-day South-Asia Convention here yesterday, in which thousands of persons, including a few hundred dealers had attended.

He said they now sell their products in 190 countries and regions.

He said the company maintained regular customer groups of more than 10 million families and 50,000 franchising outlets in the world and has branches in 103 countries. The regions have an annual turnover of more than 7400 million USD, he added.

In China, he said with ratification, Tiens had registered 30 provincial-level subsidiaries and over 100 second level subsidiaries, with almost 5,000 stockists.

Mr Jinyuan said the company is a large-scale global enterprise, apart from being a major player in the advanced bio-technology industry.

The company had diversified in finance, education, culture and modern logistics, he added.

UNI RV KVV 1525