China Electronics Holdings, Inc. (CEHD.OB) Expands to Hubei Province With 8 New Stores
China Electronics Holdings Inc. is based in China's Anhui Province. The company sells household appliances and consumer electronics of major global manufacturers through a network of more than 1,000 retail stores in rural areas of China. Its network consists of 600 franchise stores, 412 direct stores and 3 company-owned locations. The company announced today that it has opened 8 new stores in its core rural markets and is now operating outlets in neighboring Hubei Province and Henan Province. The company operates its stores through its subsidiary, Lu'an Guoying Electronic Sales Company Ltd. Its subsidiary is the exclusive wholesaler in the…