Walmart Stores, Inc. was founded by American retail legend Mr. Sam Walton in Arkansas in 1962.? Over forty years later, it has become the world’s largest private employer and retailer, on the top of the Fortune 500 list and has been among the most valuable brands for many years.Today, with over 2.1 million associates worldwide, Walmart operates more than 8,400 units in 15 countries under 55 different banners, and serves more than 200 million customers per week. Walmart had $405 billion in annual sales in fiscal year 2010 (FYE10, Feb. 1, 2009 to Jan. 31, 2010). The charitable giving numbers including cash and in-kind gifts was more than $512 million in FYE10, a 20% increase over the previous year’s giving. In 2010, Walmart regained the seat at the top of the Fortune 500, and ranked first among retailers in Fortune Magazine’s 2010 Most Admired Companies survey.In China, as elsewhere, we follow the three core values of respect for the individual, service to the customer, and striving for excellence, and stick to the Walmart tradition of building our business one store and one customer at a time, so as to fulfill our core mission — save people money, so they can live better, and continue to make a difference in the lives of our customers, members and associates.About Walmart ChinaWalmart entered the Chinese market and opened its first Supercenter and Sam’s Club in Shenzhen in 1996. Currently, Walmart operates a number of store formats in China including Supercenters, Sam’s Clubs, and Neighborhood Markets. As of August 5, 2010, Walmart had 189 units in 101 cities, and created over 50,000 job opportunities across China.Walmart China firmly believes in local sourcing. We have established partnerships with nearly 20,000 suppliers in China. Over 95% of the merchandise in our stores in China is sourced locally. Meanwhile, Walmart is committed to local talent development and diversity, especially the cultivation and full utilization of female staff and executives. 99.9% of Walmart China associates are Chinese nationals. All our stores in China are managed by Chinese local talent. 43% of leaders at senior manager level and above are female. In 2009, the company established the “Walmart China Women’s Leadership Development Commission” for driving women’s career development.About Walmart China’s Corporate Social Responsibility ProgramWalmart China is committed to being a good corporate citizen and has organized CSR efforts in five categories: environmental protection, communityinvolvement, child welfare, educational support, and disaster relief. We have donated funds and in-kind support worth more than RMB60 million to local charities and welfare organizations since entering the China market. Moreover, Walmart China associates have dedicated over 180, 000 hours to these activities. Some of our recent CSR events are as below:1.Walmart donated over RMB 370,000 to the flooded area since June. Over 600 Walmart China associates have dedicated to these relief activities.2.In May 2008, Walmart pledged to donate over RMB 20 million to the Sichuan earthquake-stricken areas for buying items in short supply and community reconstruction. The projects included:1.Buying and delivering badly needed supplies to the earthquake-stricken areas immediately after the earthquake, by coordinating efforts with the Red Cross, the local government, relief organizations and civil affairs authorities.2.Donating RMB 5 million to the Sichuan Foundation for Poverty Alleviation for supporting programs to build countryside clinics in the earthquake-stricken area, and donating 20 ambulances worth more than RMB 2.5 million to the Health Department of Sichuan Provincemitting RMB 6 million for the rebuilding of schools damaged in the earthquake through the “Sichuan Sustainable Schools project”. The project is managed by the China-US Center for Sustainable Development.4.Donating RMB 1.07 million to the international NGO Right to Play for the pilot program in Hanzhong and Ankang districts of Shaanxi Province to help orphaned and handicapped children5.Donating RMB 700,000 to support the Big Top project through partnership with Half the Sky Foundation, creating a warm and positive environment for children in the earthquake-stricken area6.Providing assistance to Beijing Normal University’s vo lunteer teaching trips in the quake area, establishing a recovery training room for teenagers by cooperating with the China Children and Teenagers’ Foundation, and “Youth Leadership Program among China University Students” developed by the Committee of 100.3.In November, 2009, Walmart China provided financial support to “The Program for Leadership Training and Cooperation for Sustainable Community Development in China” jointly launched by the Harmony Foundation of Canada and the National Training Center for Mayors of China4.In January, 2010, in response to the tragic earthquake in Haiti, Walmart operations around the world and the Walmart Foundation announced a $500,000 monetary donation to the Red Cross emergency relief efforts in Haiti. The company also sent pre-packaged food kits valued at $100,000 to Haiti. Walmart China also donated RMB 200,000 for disaster relief.5.In March 2010, Walmart in the U.S. announced an initial donation of$ 1million to the tragic earthquake in Chile. ?Walmart China and its union, andWalmart’s Global Sourcing team in China donated an additional RMB 400,000 in cash and in-kind support to Chile.6.In April, 2010, Walmart Foundation donated $150,000 to the international NGO, World Vision for Public Welfare Project for earthquake relief in Qinghai. ?Walmart China and its union, and the Walmart Global Sourcing team in China donated an additional RMB 525,000 in cash and in-kind support to Qinghai Yushu, which was devastated by a massive earthquake. In addition, Walmart China associates made an additional donation of RMB 401, 500. In this way, Walmart China and Walmart's global foundation are joining efforts to support Qinghai relief with a total donation worth RMB 1.95 million.7.For the whole year of 2009, Walmart held nearly 400 community activities at 150 stores in over 80 cities across China, including its traditional events like “anniversary celebration” and “community service week”. Over 50,000 customers from 150 communities participated in these activities.8.In January, 2010, Walmart China held a nationwide community campaign with the theme of “Caring about Climate Change, Making our Planet Healthier”, attracting more than 60,000 customers from 100 communities to participate.9.Through March to April, 2010, Walmart China launc hed its “Earth Month” green campaign across China, and turned off one third of the lighting in the stores during off-peak hours in response to WWF’s Earth Hour program. The campaign helps our stores and neighboring communities save 1 million kilowatt-hours of electricity and cut 860 tons of carbon dioxide emissions. Around 180 communities in over 90 cities, 38 million customers, 100 thousand Walmart associates and their families were actively involved in this campaign.。