Red Flag Chain was founded on June 22, 2000, the company has developed into a "cloud platform big data + merchandise + cloud platform," the company said. The company has developed into a "cloud platform big data + commodities + community services + financial" Internet + modern technology chain enterprises, registered capital of 1.36 billion yuan, is China's A-share market convenience chain supermarket listed companies. It has opened more than 3,400 supermarket chains in Sichuan Province, and paid nearly 500 million yuan of tax and social security annually; has three logistics and distribution centers; and has established mutually beneficial and win-win business relationships with thousands of suppliers. It is the "Key Contact Enterprise for Emergency Supply of Important Necessities of Life" in Sichuan Province and Chengdu City. Red Flag Chain has more than 400 million shoppers.