Recently, Yonghui Superstores, a listed company, acquisition of Zhongbai Group passed the anti-trust scrutiny of the State Administration for Market Regulation. The anti-trust scrutiny is an important link in this proposed acquisition. The competitive market of the commercial retail industry is clearly different in each region, therefore, voluminous work, including data-collection per region plus complex analysis and demonstrations have been done for the anti-trust filing. As the legal counsel of Yonghui Superstores, Llinks provided a full range of legal services for this anti-trust filing.
Yonghui Superstores is one of the first merchandizing companies in mainland China to bring fresh agricultural products onto the shelves of modern supermarkets, praised by seven ministries as a paragon of China's "Farmers' Market to Supermarket" campaign, Yonghui is also a national leader in both the "merchandising" and "agricultural industrialization" sectors. To date, Yonghui Superstores has opened nearly 900 chain superstores in 24 provinces and cities, including Fujian, Chongqing, Zhejiang and Guangdong, ranking among the top 6 of China's Top 100 Chain Stores 2018, and is among the top 4 of China's Top 100 FMCG Chain Stores. Zhongbai Group is a large commercial retail chain centered in Wuhan. Zhongbai Group has been cultivating the Hubei market and is engaged in commercial retailing, mainly including supermarkets and department stores.
