12-7-2013 — /europawire.eu/ — Groupe Auchan regards China as an area of priority growth. The group opened 43 stores there in 2012. This dynamic has been pursued since the start of 2013, leading to the opening of the group’s 300th hypermarket on 28 June in Hechuan, in Chongqing province, under the RT Mart banner.
In fact, Groupe Auchan is present in the country through two hypermarket brands: Auchan and RT Mart (Ruentex group). Partners in China since 2000, the Auchan and Ruentex groups successfully introduced their jointly owned subsidiary Sun Art Retail Group on the Hong Kong stock exchange in 2011. Today, 19.4% of the capital of this subsidiary is held by international institutional investors and by the public.
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