# Hunan Friendship & Apollo Commercial

Hunan Friendship & Apollo Commercial is a Corporate Investor based in Changsha, China.

## Overview

- **Organization type:** Corporate Investor
- **Headquarters:** Changsha, China
- **Region:** Asia
- **Address:** Changsha, Hunan, China
- **Founded:** 2004
- **Assets under management:** Undisclosed
- **Website:** your-mart.cn
- **LinkedIn:** linkedin.com/company/hunan-friendship&apollo-commercial-co-ltd-

## Regulatory record

- **Reports private funds:** No

## About

Founded in 2004 by Hu Zijing, Hunan Friendship & Apollo Commercial operates as a China-based corporate investor rooted in Hunan province's retail landscape. Mr. Hu serves as Chairman and legal representative, while his son Hu Shuo holds the positions of General Manager and President, reflecting concentrated family governance. The firm is controlled by its parent entity, Hunan Youyi Apollo Holding Co., Ltd., and functions primarily as an operator and owner of physical retail real estate and associated shopping platforms, not as a passive real-estate portfolio. The firm's deployment centers on direct ownership and operation of department stores, shopping centers, and mixed-use commercial plazas concentrated in Hunan province. Its portfolio includes the flagship Friendship Store and Apollo Commercial Plaza in Changsha, alongside the Changsha Youa Outlets. Beyond the provincial capital, mixed-use projects extend the footprint to secondary cities including Chenzhou, Changde, and Shaoyang, as well as a commercial property at No. 1 Bayi Road and the You'A Headquarters Office Building on Chaoyangqian Street in Furong District. The firm also operates network shopping platforms, layering a digital retail channel onto its brick-and-mortar base. Governance sits with the founding family: Hu Zijing holds ultimate authority as Chairman and legal representative, and his son Hu Shuo runs day-to-day operations as President. Mr. Hu is also Vice President of the Hunan Provincial Society for Commercial Economics, a professional network that connects the firm to regional policy and commercial circles. The asset base is geographically concentrated in Hunan, with no known offices outside the province, making the firm's performance highly correlated with regional consumer spending. Structurally, the firm differentiates from a conventional property investor by running the retail operating company itself — it is not a landlord collecting rents from third-party tenants but an integrated owner-operator. This model exposes capital directly to both retail operating margins and real-estate valuation cycles in central China's tier-2 and tier-3 cities. Succession appears settled with Hu Shuo in the president role, though no external institutionalization of investment management has been reported.

## Sectors

- Real Estate
- Luxury

## People

- Hu Zijing — Chairman, Legal Representative
- Hu Shuo — General Manager, President

## Questions

### How does Hunan Friendship & Apollo Commercial generate revenue?

The company derives revenue through department-store retail operations and commercial-property leasing within Hunan province. Its core assets are the Friendship Store and Apollo Commercial Plaza in Changsha, alongside mixed-use developments in secondary Hunan cities. The firm also operates a supplementary online shopping platform at your-mart.cn. As an owner-operator, it captures both retail margins and property-level income.

### Does the firm allocate to external fund managers or direct deals?

There is no public record of the firm allocating capital to external venture-capital, private-equity, or hedge-fund managers. Its publicly visible activity is confined to directly owning and operating commercial real estate and retail operations in Hunan. The structure is that of a concentrated real-asset operator, not a diversified family-office allocator.

### What is the firm's geographic focus?

All known assets are located in Hunan province, China, with the heaviest concentration in the provincial capital of Changsha. Properties span the cities of Chenzhou, Changde, and Shaoyang in addition to Changsha itself. No cross-province or international operations have been disclosed.

### What does the firm own outside of retail operations?

The firm's disclosed holdings center entirely on retail and mixed-use real estate. Key properties include the Friendship Store (Changsha), Apollo Commercial Plaza (Changsha), Changsha Youa Outlets, and mixed-use International Plazas in Chenzhou, Changde, and Shaoyang. An office building on Chaoyangqian Street and a property on Bayi Road round out the known portfolio. No investments outside commercial property have been confirmed.

## Related profiles

- [Hunan Fangsheng Pharmaceutical](https://altss.com/profile/hunan-fangsheng-pharmaceutical)
- [Hunan Goke Microelectronics](https://altss.com/profile/hunan-goke-microelectronics)

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Last updated: 2026-07-06T00:34:31.892Z

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