Beijing C-Mart was incorporatedin Chaoyang District of Beijing on Jan-uary 29, 2007, with a registered capitalof USD 1 million, a major businessscope of providing groceries, food andbeverage, and a scheduled operationterm of 25 years. Upon such abnormalwithdrawal and follow-up lawsuits,business license of Beijing C-Mart wasrevoked on December 12, 2010.