Yangzhou Times Square , treasures the memories of a generation of Yangzhou . Before the major business districts were born and developed, the Wanjiafu business district of Golden Eagle Times was a must-visit place for Yangzhou people during festivals.
Yangzhou Times Square is located at No. 537, Wenchang Middle Road, Yangzhou City, and is located in the core area of the most prosperous Wenchang business district in Yangzhou City. opened in 2002, just 20th anniversary!
Recently, , which belongs to Yangzhou Times Plaza, Yangzhou Times Industrial Co., Ltd., , officially "changed ownership" Yangzhou Yangzijiang Investment Development Group, and , Yangzhou Times Plaza also officially "changed ownership" , becoming a wholly-owned subsidiary of Yangzijiang Group.
Mall has changed hands. Can Times Square successfully transform and usher in "rebirth"?
01.
Twenty years of storm!
Handle multiple auctions but no one took over!
Yangzhou Times Industrial Co., Ltd. is a Sino-foreign joint venture established in 1999. After the company was established, it developed and built Yangzhou Times Square.
opened in 2002, and Times Square has been with Yangzhou people for 20 years.
Times Square many years ago can also be said to be incredible. is the first young and fashionable commercial complex in Yangzhou that integrates shopping, food, entertainment and leisure. has also given birth to the first new fashion gathering place in Yangzhou - the popular channel and No. 1 trend.
(2002 opening ceremony)
In the 20 years since its opening, Yangzhou Times Square has been constantly adjusting and upgrading, striving to follow this ever-changing era.
● On April 28, 2002, Times Square, with a total construction area of about 70,000 square meters, opened its doors to customers;
● In 2010, Times Square began to upgrade on a large scale;
● On September 1, 2012, the upgraded third floor was opened for trial operation, opening a "new era";
● In 2018, Times Square followed the Internet fashion trend and introduced trendy merchants such as Luosen, Sujiangtai Tea, and Lafayette.
…
However, since 2019, due to the failure of the major shareholder of Yangzhou Times Industrial Co., Ltd. to misappropriate funds to invest in , the capital chain of Times Company was broken and unable to repay the due debts. was ruled by the court in accordance with the law that went bankrupt and reorganized .
In August 2019, the listed company to which was officially suspended from trading and was determined to be unable to repay the debt. Yangzhou Times Industrial Co., Ltd. was officially in a liquidation crisis due to non-operation reasons.
In 2021, Times Company has entered bankruptcy reorganization after the creditor's application.
This year, the two auctions and one sale of Times Company ended in failure, which is sad...
02.
invested 350 million yuan to acquire
Times Square ushered in a "new life"
Recently, good news came!
After multiple rounds of negotiations with the Guangling District Government and bankruptcy administrator, Yangzijiang Group bravely took on the responsibility of state-owned enterprises, invested 350 million yuan to participate in the reorganization of Yangzhou Times Industrial Co., Ltd. , and legally and compliantly acquired all equity of Times Company. Yangzhou Times Square also officially changed its ownership and became , wholly-owned subsidiary of Yangzijiang Group, .
As a large state-owned group company, Yangzijiang Group has rich management experience in both hotels, catering, tourism, investment and other fields.
It is reported that after the success of the reorganization era, Yangzijiang Group will integrate the group's resources and formulate a differentiated development strategy based on the disadvantages of Yangzhou Times Industrial Co., Ltd. and its own outstanding advantages.
In five years, Times Square has been built into an urban benchmark fashion shopping center with fashion brands gathered, excellent business quality, significantly improved operating efficiency, diversified marketing methods, and multiple Internet celebrity check-in functions .
/Photo source Times Square official microscope
At the same time, Times Square will carry out all-round cooperation with members of Wenchang business district including Golden Eagle, reasonably plan the configuration of commercial formats, optimize traffic traffic lines, and jointly build a prosperous Wenchang business center!
Are you looking forward to the "rebirth" of Times Square in front of the screen?
03.
002-2022, Twenty years of Times Square!
The youthful memories of a generation are disappearing!
What memories do you have in front of the screen about Times Square?
For the editor, Times Square Baby Bear Noodle Restaurant on the west gate, No. 1 trend on the first floor, Popular Bookstore on the fourth floor, popular channel and so on are simply treasures of the student days.
Baby bear's snow-capped pork noodles and various snacks are one of the happiest memories of the childhood of the post-80s and post-90s. A bite of fish soup with a bite of snow noodle , it is simply a delicious food on earth.
However, with the changes of the times, I don’t know when the popularity of baby bears has gradually been replaced by Dongyuan Pavilion. The signature Fish soup noodle has completely disappeared from the world, with only the crowded flow of visitors, as if telling the past craze here.
The fourth floor that once impressed people the most was the Popular Bookstore and Century Cinema.
Every weekend during my student days, going to the Mass Bookstore to read books or feel the reading atmosphere has become one of the must-check-in things, but unfortunately it no longer exists now. However, Century Cinema has always been youthful , and there are still many people who choose to watch movies.
Nowadays, many shopping malls have parking lots, which have a bit of concrete flavor with steel and concrete. However, the first floor of Times Square was once the check-in point for trendy men and women in Yangzhou , and it is also a place where many foodies stop and linger.
Fashionable bags, accessories, beef nose powder, spicy hotpot and various snacks that you always need to queue up. Now I think about it and I feel saliva.
There is also a popular channel at the entrance of Times Square, which was once the ceiling of the fashion industry in Yangzhou. Many young girls in Yangzhou have their first manicure, their first time having ear piercing , and their weekends with their boyfriends for a date, etc., will choose here.
Time is like flowing water. With the rise of online shopping and fast fashion brands, Times Square has gradually become the most familiar stranger from leading the times.
At present, many gold stores, clothing stores, restaurants, Century Cinemas, etc. in Times Square are in normal business, However, some shops on each floor are in brand adjustment and upgrade state.
Indeed, only by breaking through the situation and making innovations can we strive forward bravely. I sincerely hope that Times Square can take this opportunity to "nirvana of the Phoenix" and usher in a better tomorrow!
Finally said: Do you have any suggestions about Times Square? Welcome to leave a message in the comment section below for communication!
