Royale Home Holdings Stock

Royale Home Holdings Ltd., an investment holding company, engages in the manufacture, trade, and retail of home furniture. As of December 31, 2008, the company operated approximately 1,400 franchise outlets and 100 self-operating shops in Beijing, Shanghai, Shenzhen, Hangzhou, and Zhengzhou.

Markets

The company sells its products primarily in the People’s Republic of China, Rest of Asia, Australia, Africa, Europe, and the Middle East.

Segments

The company operates in two business segments: Franchise operation segment and Self-operating shops segment.

Franchise operation segment: This segment engages in the sale of home furniture through franchise operation.

Self-operating shops segment: This segment engages in the sale of home furniture through self-operating shops.

History

The company was founded in 1997. It was formerly known as Chitaly Holdings Limited and changed its name to Royale Furniture Holdings Limited in November 2007 and then to Royale Home Holdings Ltd. in December 2020.