Sam's Club is a global membership warehouse club. Sam's Club has over 40 years of history since the opening of the first Sam's Club in Midwest City, Oklahoma, in April 1983. In the early 1990s, Sam's Club began its international expansion and now operates more than 800 Clubs worldwide, providing excellent shopping experience to over 50 million individual and business members. In China, the first Sam's Club was opened in Shenzhen on August 12, 1996. Today, Sam's Club has over 60 clubs across the country.

Guided by the "member-first" approach, Sam's Club provides members with a quality lifestyle by offering differentiated products, a unique shopping experience and membership benefits. With selection at the core of its differentiation strategy, Sam's Club leverages its strong global sourcing resources and item driven approach to offer quality merchandise and exclusive savings. These offerings save members' time on selecting products and comparing prices. Sam's Club also continues to develop its membership value and has introduced "Advantage Membership" and "Premium Membership", with "Premium Membership" providing more benefits.

To meet members' various shopping needs, Sam's Club offers an omnichannel shopping experience. Our fun and interesting shopping experience attracts members to continue to visit us. All of the clubs include interactive areas including "Sam's Kitchen", "Sam's Home Online" and "Health Center", making shopping at Sam's Club an exciting trip where members can be inspired at every turn.

In addition, Sam's Club actively develops ecommerce through its self-operated platform Sam's Club App, and provides On-time delivery, Scheduled delivery, City-wide delivery, and National delivery. Sam's Club App, with its one-hour delivery service, serves all the cities in which Sam's Clubs are based to meet members' immediate shopping needs. Currently Sam's Club App has extended its coverage to most parts of China. Even in cities where Sam's Club is not yet located, members can still purchase select items from Sam's Club.

Sam's Club will continue to build its omnichannel platform, enhance its business model and develop differentiated and quality merchandise for Chinese families. These efforts seek to make more families feel "Life is Better in the Club".

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