❤️🛒
Love at Pang Donglai
爱在胖东来
Xuchang Pangdonglai Commerce Group Co., Ltd.
许昌市胖东来商贸集团有限公司
Team Leader: Dong Yintao ·
Members: Qiao Shi · Yang Li · Guo Xinzhi · Qian Chunsen · Zhu Yadong
Nanjing University of Science & Technology · Graduate Course Presentation
Agenda · 目录
What We'll Explore Today
Six angles to understand a very unusual retail company
01 · History
📜 A Journey Driven by Trust
1995
Founded by Yu Donglai as a small shop in Xuchang — "Wangyuelou Fat Man's Shop", promising genuine products & free returns. 🏪
1998
A fire destroyed the store. Local people — even an elderly woman's life savings — helped him recover. A turning point in his values. 🔥❤️
2000
Began to implement profit sharing with employees. 💰
2005
Expanded beyond Xuchang for the first time — entered the Xinxiang market. 🚀
2012
All stores close every Tuesday so employees can rest. 😴
2026
Founder Yu Donglai retired; operations handed to a decision-making committee. 🤝
02 · Business
🏬 A Comprehensive Retail World
Core businesses — supermarkets, department stores, home appliances & catering — plus many more sectors.
💊
Pharmacy · Jewelry · Tea · Cinema · Books
医药 · 珠宝 · 茶叶 · 影院 · 书店
No E-commerce
No Franchising
Never Go Public
One core goal: service quality & employee well-being — not fast expansion or maximizing profit.
03 · Scale
📈 Small Footprint, Huge Impact
🏬
14
stores total
11 Xuchang · 3 Xinxiang
💴
¥23.5B
2025 total sales
Times Square store ≈ ¥6B
🧳
3M+
visitors / year
come to study its model
All stores are located inside Henan Province — yet it draws the whole nation's attention. 🇨🇳
04 · Structure
🏛️ One Committee, Shared Values
HQ · Xuchang, Henan
Decision-Making Committee (since 2026)
🛒 Supermarket Unit
💎 Jewelry Unit
📺 Appliance Unit
➕ Others
Every store is fully owned & directly operated. Each unit runs independently, but all follow the same corporate values. Never expand beyond Henan, never go public.
05 · People & Culture
🤝 The Heart of Pang Donglai
Founder Yu Donglai grew up in a rural family and started from scratch. His belief: treat employees well, and they will treat customers well.
🏖️
30 dayspaid annual leave📅
Every Tuesdaystores closed to rest💰
Profit sharesfor employees
06 · Achievements
🏆 Achievements & Impact
🥇
Officially recognized by China's Ministry of Commerce as a national retail model.
🥈
Single-store revenue exceeds Walmart and other top international brands.
🥉
Freely supported 13+ companies and 100+ stores across China.
It sparked the "Pangdonglai Phenomenon" — making people rethink: Does business have to focus only on maximizing profits? 🤔
🕊️❤️
I let go of power, but I will never give up the belief in freedom and love.
— Yu Donglai, Founder · 于东来
Thank You! 🙏
感谢大家的聆听