Group 1 - The board of directors of Chongqing Department Store Co., Ltd. held its 15th meeting of the 8th session on June 4, 2025, with all 11 directors participating and the meeting procedures complying with relevant laws and regulations [1] - The board approved a proposal to adjust the delivery pricing for its subsidiary, Chongqing Shanshe New Century Department Store Co., Ltd., reducing the delivery fee from a fixed price of 7.25 yuan per order to a tiered pricing structure ranging from 6.3 yuan to 7.05 yuan per order [1][2] - The board also approved a proposal to adjust the financing interest rates for commercial factoring, lowering the rate to 4% per annum for key clients including Chongqing Yudu Hotel Co., Ltd., Chongqing Hengsheng Asset Management Co., Ltd., and Chongqing Kange Rental Co., Ltd. [2][3] Group 2 - The chairman of the board, Mr. Zhang Wenzhong, recused himself from voting on the delivery pricing adjustment due to being an associated director, with the voting results showing 10 in favor, 0 against, and 1 abstention [2] - For the commercial factoring financing rate adjustment, 7 votes were in favor, 0 against, and 4 directors recused themselves from voting [3] - The board unanimously approved the differentiated performance assessment distribution plan for the leadership in 2025, with all 11 votes in favor [3]

证券代码：600729 证券简称：重庆百货 公告编号：临 2025-027 重庆百货大楼股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 一、关联交易概述 2025 年 3 月 28 日，公司第八届十一次董事会审议通过了《关于重庆重百商 业保理有限公司向重庆渝都酒店有限责任公司提供商业保理融资的关联交易议 1 / 8 交易简要内容：重庆百货大楼股份有限公司（以下简称"公司"）同意 下属控股子公司重庆重百商业保理有限公司（以下简称"重百保理"） 将重庆渝都酒店有限责任公司（以下简称"渝都酒店"）、重庆恒升资 产经营管理有限公司（以下简称"恒升资产"）、重庆康格房屋租赁有 限公司（以下简称"康格租赁"）3 家公司商业保理预付款融资的融资 利率统一调整至年利率 4%。 根据《上海证券交易所股票上市规则》6.3.3 条第三款规定，渝都酒店、 恒升资产、康格租赁为公司关联法人，本次交易构成关联交易。 本次交易未构成重大资产重组。 过去 12 个月，公司与渝都酒店、恒升资产、康格房屋涉及关联交易总金 额为 16 ...

重要内容提示： 一、关联交易概述 证券代码：600729 证券简称：重庆百货 公告编号：临 2025-026 重庆百货大楼股份有限公司 关于控股子公司调整配送单价暨关联交易的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 2025 年 4 月 17 日，公司第八届十二次董事会审议通过了《关于预计 2025 年日常关联交易的议案》，预计了公司 2025 年度日常关联交易情况，其中，预 计超市事业部与多点科技产生智能到家服务费用不超过 3,500 万元。具体内容 详见《关于预计 2025 年日常关联交易的公告》（公告编号：临 2025-017）。 交易简要内容：重庆百货大楼股份有限公司（以下简称"公司"）下属控 股子公司重庆商社新世纪百货连锁经营有限公司（以下简称"超市事业 部"）已与多点（深圳）数字科技有限公司（以下简称"多点科技"）开 展线上 020 订单配送到家服务。根据当前市场运价情况，公司与多点科技 协商决定下调配送费价格，由原 7.25 元/单固定价格调整为（6.3 元/单- 7.05 元/单）阶梯价格。 根据《 ...

证券代码：600729 证券简称：重庆百货 公告编号：临 2025-025 重庆百货大楼股份有限公司 第八届十五次董事会决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 重庆百货大楼股份有限公司(以下简称"公司")于 2025 年 6 月 4 日以电子 邮件方式向全体董事发出召开第八届十五次董事会会议通知和会议材料，会议于 2025 年 6 月 12 日以通讯表决方式召开。本次会议由公司董事长张文中先生召集 并主持，公司 11 名董事全部发表意见。本次会议的召集、召开和表决程序符合 有关法律、法规和《重庆百货大楼股份有限公司章程》的规定，会议形成的决议 合法有效。 二、董事会会议审议情况 （一）审议通过《关于控股子公司调整配送单价暨关联交易的议案》 公司下属控股子公司重庆商社新世纪百货连锁经营有限公司已与多点（深圳） 数字科技有限公司（以下简称"多点科技"）开展线上 020 订单配送到家服务。 根据当前市场运价情况，公司与多点科技协商决定下调配送费价格，由原 7.25 元/单固定价格调整为（6. ...

重庆百货大楼股份有限公司 重庆百货大楼股份有限公司（以下简称"公司"）《2024 年年度报告及摘要》 已于 2025 年 4 月 19 日刊登于《上海证券报》和《证券时报》，并在上海证券交易 所网站（www.sse.com.cn）进行了公告，现将公告内容提交本次会议审议。 请予审议。 重庆百货大楼股份有限公司 2025 年 6 月 11 日 2 2024 年年度股东大会会议材料 1 2024 年年度股东大会议案（一） 重庆百货大楼股份有限公司 2024 年年度报告及摘要 各位股东： 2024 年年度股东大会议案（二） 重庆百货大楼股份有限公司 2024 年度董事会工作报告 各位股东： 2024 年，国内经济总体回暖向好，国家出台一系列刺激消费的政策措施，为 促进消费创造了良好条件，但受经济增速放缓、消费市场低迷、行业变革加剧等 多方面影响，零售企业经营发展承压。面对复杂多变的市场环境，公司在挑战中 抓转型、求突破，以"增长、效率"为主线，持续"两个系统性"建设，提升商 品力，打造新场景，推动业态融合，聚焦降本增效，公司全年业绩总体保持稳定。 2024 年，公司实现营业收入 171.39 亿元，同比下降 9.7 ...

Core Viewpoint - The company is facing challenges in the retail sector due to economic slowdown, market decline, and industry transformation, but it aims to achieve stability and growth through transformation and efficiency improvements [1][2]. Group 1: Business Performance - The company achieved a total revenue of 13.15 billion yuan, a year-on-year increase of 0.46%, with earnings per share of 3.00 yuan, up 0.33% [1][16]. - The net asset return rate remained stable, reflecting the company's focus on maintaining operational quality amidst market challenges [1]. Group 2: Product and Supply Chain Strategy - The company emphasized enhancing product competitiveness by optimizing the supply chain and transforming business models, leading to significant growth in self-owned brands, with sales increasing over 50% [2]. - The company has successfully integrated its supply chain for the outlet model, resulting in strong customer traffic and sales trends [1][2]. Group 3: Store and Scene Development - The company accelerated the transformation of its physical stores, achieving a 26.4% adjustment rate in store formats and adding 33,700 square meters of non-purchase space [2]. - The company explored various store models, including fresh + discount and quality supermarkets, resulting in double-digit growth in multiple operational metrics [2]. Group 4: Multi-Channel Development - The company expanded its online sales to 2.415 billion yuan, with membership numbers surpassing 25 million [3]. - B-end business sales reached 2.08 billion yuan, reflecting a year-on-year growth of 20.1% [3]. Group 5: Cost Reduction and Efficiency Improvement - The company achieved a total of 2.4 billion yuan in cost reductions through various measures, including labor cost management and procurement optimization [4]. - The company implemented organizational optimization and introduced various incentive mechanisms to enhance employee engagement and performance [4]. Group 6: Corporate Governance - The company completed the restructuring of its board and management, enhancing governance and operational efficiency [5]. - The company established a risk management system to effectively mitigate operational risks [5][10]. Group 7: Financial Overview - The company's total assets reached 197.41 billion yuan, with current assets increasing by 5.91% to 79.41 billion yuan [14][15]. - The company reported a net profit attributable to shareholders of 6.107 billion yuan, with a proposed cash dividend distribution based on a total share capital of 440.48 million shares [18].

重庆百货大楼股份有限公司 2024 年年度股东大会会议材料 1 2024 年年度股东大会议案（一） 重庆百货大楼股份有限公司 2024 年年度报告及摘要 各位股东： 重庆百货大楼股份有限公司（以下简称"公司"）《2024 年年度报告及摘要》 已于 2025 年 4 月 19 日刊登于《上海证券报》和《证券时报》，并在上海证券交易 所网站（www.sse.com.cn）进行了公告，现将公告内容提交本次会议审议。 请予审议。 重庆百货大楼股份有限公司 2025 年 6 月 11 日 2 2024 年年度股东大会议案（二） 重庆百货大楼股份有限公司 2024 年度董事会工作报告 各位股东： 2024 年，国内经济总体回暖向好，国家出台一系列刺激消费的政策措施，为 促进消费创造了良好条件，但受经济增速放缓、消费市场低迷、行业变革加剧等 多方面影响，零售企业经营发展承压。面对复杂多变的市场环境，公司在挑战中 抓转型、求突破，以"增长、效率"为主线，持续"两个系统性"建设，提升商 品力，打造新场景，推动业态融合，聚焦降本增效，公司全年业绩总体保持稳定。 2024 年，公司实现营业收入 171.39 亿元，同比下降 9.7 ...

Investment Rating - The report maintains an "Overweight" rating for the education sector and highlights potential opportunities in the new consumption market [1]. Core Insights - The report emphasizes the importance of high school education reform and recommends specific companies such as Tianli International Holdings and Xueda Education, while also suggesting attention to Kevin Education [5]. - It identifies key trends in AI and consumption, recommending companies like Connet Optical, Small Commodity City, and Core International [5]. - The report notes a strong performance in the retail sector during the 618 sales event, with significant growth in categories like apparel and beauty products [5]. - The report highlights the increasing trend of family-oriented travel during the Dragon Boat Festival, with nearly 90% of the top 50 scenic spots being family-friendly [5][6]. Industry Updates - The social service industry saw a 2.5% year-on-year increase in cross-regional personnel flow during the Dragon Boat Festival, with a total of 65.37 million people traveling [5]. - E-commerce platforms like Alibaba and JD.com reported over 30% growth in apparel and beauty categories during the 618 sales event [5]. - The report mentions the opening of the 100th store under the "Fat Donglai" model by Yonghui Supermarket, indicating a significant expansion in the retail sector [5]. Company Announcements - Three Gorges Tourism Group appointed a new general manager on June 3, 2025 [5]. - Guangzhou Restaurant announced a share buyback of 500,000 shares, representing 0.088% of its total share capital [5]. - China Youth Travel Service transferred 17.37% of its shares to its parent company, Everbright Group, without compensation [5].

Group 1: Investment Opportunities - The report recommends expanding high school education, highlighting companies such as Tianli International Holdings and Xueda Education as potential beneficiaries [2] - AI commercialization is accelerating, with applications in new hardware like AI glasses and toys, and sectors such as human resources, e-commerce, and education leading in efficiency improvements [6][11] - The report identifies undervalued stocks including Action Education, Chongqing Department Store, Da Shang Co., Chow Tai Fook, and Yum China as potential investment opportunities [2] Group 2: High School and Undergraduate Expansion - The high school education sector is expected to benefit from a demographic dividend for the next 7-8 years, with stable demand projected until around 2032-2033 [11][12] - Policy support is driving the expansion of high school education, transitioning from a split between vocational and general education to a more integrated approach [12][13] - China's high school graduation rates are gradually approaching those of developed countries, indicating significant growth potential in the education sector [18][19] Group 3: Emotional Value and New Supply in Consumption - The emotional value and experiential consumption sectors are rapidly evolving, with a focus on IP-driven products and traditional goods like gold jewelry seeing increased demand [6][53] - The report notes that gold jewelry is benefiting from rising prices and enhanced craftsmanship, leading to market expansion [53][57] - The tea and coffee sectors are undergoing product and channel innovations, with structural growth opportunities identified despite varying business models [6][74] Group 4: Technological Transformation - New technologies, particularly AI, are being applied to physical devices and are expected to enhance efficiency across various sectors [6][11] - The retail landscape is shifting from a focus on location to product selection, with new retail formats emerging to capitalize on scale economies [6][11] - Traditional retail is facing significant pressure to adapt, with a strong impetus for transformation across all formats [6][11] Group 5: Retail Channel Development - The core capabilities of retail channels are evolving from site selection to product selection, with new discount retail formats emerging [6][11] - The report highlights the rise of discount retail formats such as snack discount stores and urban outlet malls, which are achieving scale economies [6][11] - The traditional retail sector is experiencing a shift towards decentralization, with various formats adapting to changing consumer behaviors [6][11]

证券代码：600729 证券简称：重庆百货 公告编号：临 2025-024 重庆百货大楼股份有限公司 关于召开 2024 年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 投资者可于 2025 年 6 月 4 日 （星期三） 至 6 月 10 日 （星期二）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 （cbdsh@e-cbest.com）进行提问。公司将在说明会上对投资者普遍关注的问题 进行回答。 重庆百货大楼股份有限公司（以下简称"公司"）已于 2025 年 4 月 19 日发 布公司 2024 年度报告，为便于广大投资者更全面深入地了解公司 2024 年度经营 成果、财务状况，公司计划于 2025 年 6 月 11 日（星期三）上午 9:30-11:30 举 行 2024 年度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 本次投资者说明会以视频结合网络互动召开，公司将针对 2024 年度的经营 成果及财务指标的具体情况与投资者进行互动交流和沟 ...