Red Star Macalline is a company which operates home decoration and furniture stores. The company operates its business through three segments: the Owned Market Operation and Management segment is engaged in leasing floor areas to the tenants and providing comprehensive and continuous operation and management support to them; the Managed Shopping Malls segment is engaged in providing initiation, consultation and management services to the company’s partners and the construction contractors; and the Other segment is engaged in the sales of merchandise and related services, and provides other comprehensive services to the customers, including strategy consultation, home design consultation and construction services.