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Beijing Hualian Department Store
Beijing Hualian Department Store was established in 1998. Ji Xiao An serves as chairman of the parent Beijing Hualian Group and played a central role in...
Beijing Hualian Department Store
Beijing Hualian Department Store was established in 1998. Ji Xiao An serves as chairman of the parent Beijing Hualian Group and played a central role in building the SKP business. The firm manages a portfolio of commercial properties that includes Beijing Wanliu, Chengdu Konggang, Hefei Mengchenglu, SKP Beijing and SKP Xi'an. It also holds interests in theaters and conducts commercial factoring. Geographic reach covers Beijing, Chengdu, Hefei, Xi'an, Dalian and Xining. In 2024 Boyu Capital acquired a 42-45 percent equity interest in Beijing SKP. The company employs an unknown number of professionals and maintains no disclosed additional offices. It belongs to the International Association of Department Stores as its sole Chinese member and holds board representation at the Global Consumer Goods Forum. A 2024 transaction with Boyu Capital and Radiance Investment Holdings Pte. Ltd. altered ownership of the SKP assets. Ownership structure centers on a listed Chinese operating company rather than a dedicated investment vehicle. Control remains with the founding group through the Beijing Hualian Group parent.
General information
Firm type
Corporate Investor
Year founded
1998
AUM
Undisclosed
Location
Region
Asia
Country
China
City
Beijing
Corporate office
Beijing, China
Principals
Ji Xiao An
Chairman of Beijing Hualian Group
Sector focus
Frequently asked questions
Who runs investment decisions at Beijing Hualian Department Store?
Ji Xiao An chairs the Beijing Hualian Group and has directed development of the SKP platform since the firm's founding.
Does Beijing Hualian Department Store participate in fund commitments or only direct deals?
The firm holds direct ownership in its own commercial properties and has engaged in equity transactions such as the 2024 sale of a stake in Beijing SKP.
What investment stages does Beijing Hualian Department Store typically target?
Activity centers on operating and expanding existing retail real estate assets rather than early-stage or venture investments.
Where does the underlying wealth come from?
Wealth originates from the listed retail and property operations of Beijing Hualian Department Store and its parent Beijing Hualian Group.
How is Beijing Hualian Department Store related to SKP?
SKP Beijing and SKP Xi'an form part of the firm's luxury department store portfolio; a 42-45 percent stake in Beijing SKP was sold to Boyu Capital in 2024.
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