Peak Sport Products Co Ltd closed 125 stores during the first quarter of this year as part of a strategic adjustment that started last year.
China Unicom (Hong Kong) Ltd saw net profits surge 89 percent year-on-year to 1.9 billion yuan ($307.7 million) in the first quarter.
Chief executive officers in Chinese companies spend fewer years in office, and have more previous experience in different companies.
ZTE Corp, the nation's second-largest telecom equipment vendor, is likely to return to profit growth this year, the company's chairman Hou Weigui said.
China's State-owned enterprises saw their combined profits expand 7.7 percent year-on-year to 513.73 billion yuan in the first quarter of the year.
Yum Brands Inc, the owner of KFC and Pizza Hut restaurants, said sales in its largest overseas market will see a steep dive as a result of bird flu scares.
Huawei Technologies Co, the Chinese telecom giant, has forecast revenue growth will average 10 percent annually over the next five years.
Lenovo Group Ltd, the world's second-largest personal computer maker by unit sales, said on Tuesday that it plans to make its server and storage business arm into one of the company's major revenue sources over the next three years.
An apology and a string of warranty policy adjustments made by Apple Inc in China underscore the growing importance of what has become the company's second-largest market.
China National Offshore Oil Corp has been making progress in expanding the supply network which services its growing retail operations across China.
Shares in China COSCO Holdings Co, the Shanghai-listed arm of the largest State-owned shipping conglomerate China Ocean Shipping (Group) Company, were suspended on Thursday after it reported one of the market's biggest losses for 2012.
The net profits of China Minsheng Banking Corp Ltd surged 34.54 percent year on year to 37.56 billion yuan ($5.99 billion) in 2012, the bank announced Thursday.
China Merchants Bank, the country's fifth largest bank by market value, said on Thursday that its net profits increased 25.31 percent year on year to 45.27 billion yuan ($7.22 billion) in 2012.
China's three largest airlines saw their net profits decline in 2012 and have a cautious outlook for this year, as negative global factors will continue to affect the sector.
China Mengniu Dairy Co Ltd said Wednesday its sales last year reached 36 billion yuan ($5.8 billion), a year-on-year decline of 3.5 percent.
Wumart Stores Inc, the country's leading retail chain store operator by profits, opened 51 directly owned stores in 2012, according to its annual financial results.
Hangzhou Wahaha Group Co Ltd, the domestic beverage giant, recently announced it will produce the Russian drink Gewasi, putting tremendous pressure on local enterprises in Northeast China.
Li Ning Co Ltd, China's second-largest sportswear maker by revenue, has reported a net loss of 1.98 billion yuan ($318.78 million) for 2012, highlighting an ongoing overall slump in the sector.
The Poly Real Estate Group, China's second-largest property developer, on Monday reported a net profit surge of 29.2 percent for last year.
Datang International Power said Monday its net profit surged 109.82 percent year on year to 4.01 billion yuan ($639.6 million) in 2012.
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