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1. Analysts said that a purchase of Times would add 65 outlets in China for Lotte, which is key to Lotte's development in the Chinese retail industry.

2. Japan Hakuhodo Advertisement Agency in charge of public relations for Lotte China confirmed this arrangement.

3. Lotte will reorganize its products and aims to provide a wider range of merchandise while improving the quality of service.

4. The win gave Japan a second consecutive Asia crown after the Lotte Mariners triumphed in the inaugural event last year.

5. The two companies will reportedly initially invest about $ 10 million in the store, which will probably be named Lotte Intime Department Store.

6. Intime Department Store and Lotte will take equal stakes in the new store, which will be the South Korean company's maiden outlet on the Chinese mainland.

7. The Lotte group has 17 companies in China, four in Vietnam and three in India.

8. Lotte is preparing to open new outlets through land purchases in China.

9. Shen says he is considering expanding his partnership with Lotte into other Chinese cities.

10. Tang said he hopes Lotte might also invest in the city's manufacturing sector.