Group 1 - The central government has implemented the "Urban Commercial Quality Improvement Action Plan" to boost consumption and expand domestic demand, focusing on creating a fair and innovative business environment [1] - Major supermarkets are accelerating their transformation processes, with Yonghui Supermarket completing adjustments in 154 stores across 28 regions, showing significant sales growth during the summer [1] - The retail industry in China has entered a "buyer’s market," with new retail players like Pang Donglai and Sam's Club leading the sector through high-quality products and unique store experiences [1] Group 2 - Yonghui Supermarket reported over 100% year-on-year sales growth in adjusted stores during the National Day and Mid-Autumn Festival, with a significant increase in customer traffic [2] - Chongqing Department Store is exploring various strategic transformation themes, including integrating trendy stores and community department stores, with a plan to adjust 36 stores by 2025 [2] - After adjustments, Chongqing Department Store has seen double-digit growth in sales and customer traffic in the transformed stores [2]

Core Viewpoint - Chongqing Department Store (600729.SH) reported a decline in total operating revenue for the first three quarters of 2025, while net profit attributable to shareholders increased year-on-year [1] Financial Performance - Total operating revenue for the first three quarters reached 11.63 billion yuan, a year-on-year decrease of 10.56% [1] - Net profit attributable to shareholders was 999 million yuan, reflecting a year-on-year growth of 7.38% [1] - Basic earnings per share stood at 2.26 yuan [1]

根据《上海证券交易所上市公司自律监管指引第 3 号——行业信息披露》第 四号——零售和《关于做好主板上市公司 2025 年第三季度报告披露工作的重要 提醒》的要求，重庆百货大楼股份有限公司（以下简称"公司"）将 2025 年 1-3 季度主要经营数据披露如下： 一、2025 年 1-3 季度门店变动情况 注 1：同一物理体内存在多业态的，按其属性归口计入各业态。 二、2025 年 1-3 季度拟增加门店情况 证券代码：600729 证券简称：重庆百货 公告编号：临 2025-048 重庆百货大楼股份有限公司 2025 年 1-3 季度经营数据公告 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。 地区 经营 业态 年初数 新增 关闭 本期余额 数量 建筑 面积 数量 变动时间 建筑 面积 数量 变动时间 建筑 面积 数量 建筑 面积 重庆 地区 百货业态注 1 42 99.20 42 99.20 超市业态 143 67.48 2 2025.01.01 2025.05.31 0.46 3 2025.05.12 2025.07.14 ...

Group 1 - Chongqing Department Store reported a revenue of approximately 11.63 billion yuan for the first three quarters of 2025, a year-on-year decrease of 10.56% [1] - The net profit attributable to shareholders of the listed company was approximately 991 million yuan, an increase of 7.38% year-on-year [1] - Basic earnings per share were 2.26 yuan, reflecting a year-on-year increase of 6.96% [1] Group 2 - As of the report, the market capitalization of Chongqing Department Store is 12 billion yuan [2]

证券代码：600729 证券简称：重庆百货 公告编号：临 2025-046 重庆百货大楼股份有限公司 第八届十九次董事会决议公告 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个别及连带责任。 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10月21日以电子 邮件方式向全体董事发出召开第八届十九次董事会会议通知和会议材料。本次会 议于2025年10月28日上午9:00在商社大厦16楼会议室以现场会议和视频会议方 式召开，公司11名董事会成员全部出席会议，符合《公司法》和《重庆百货大楼 股份有限公司章程》的有关规定。会议由董事长张文中先生提议召开并主持。 特此公告。 （一）审议通过《2025 年第三季度报告》 内容详见 www.sse.com.cn。 表决情况：同意 11 票，反对 0 票，弃权 0 票。 （二）审议通过《2025 年度中期利润分配方案》 根据《公司章程》《上市公司股权激励管理办法》和《公司 2022 年限制性股 票激励计划（草案）（修订稿）》的有关规定，公司决定以公司总股本 440,4 ...

证券代码：600729 证券简称：重庆百货 公告编号：临 2025-047 重庆百货大楼股份有限公司 2025 年度中期利润分配方案公告 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： 公司拟向全体股东每股派发现金红利 0.1589 元（含税）。截至 2025 年 6 月 30 日，公司总股本 440,475,577 股，剔除需回购注销限制性股票 22,500 股为基 数（即以 440,453,077 股为基数），以此计算合计拟派发现金红利 0.7 亿元（含 税），占 2025 年半年度归属于上市公司股东净利润的 9.04%。 如在本公告披露之日起至实施权益分派股权登记日期间，因可转债转股/回 购股份/股权激励授予股份回购注销/重大资产重组股份回购注销等致使公司总 －1－ 股本发生变动的，公司拟维持每股分配比例不变，相应调整分配总额。如后续总 股本发生变化，将另行公告具体调整情况。 本次中期利润分配方案尚需提交股东会审议。 二、公司履行的决策程序 2025 年 10 月 28 日，公司召开第八届十九次董事会审议 ...

Financial Performance - The company's operating revenue for Q3 2025 was CNY 3,588,824,286.68, a decrease of 10.81% compared to the same period last year[3]. - The total profit for the period was CNY 226,364,455.31, reflecting a slight increase of 1.80% year-on-year[3]. - Net profit attributable to shareholders was CNY 217,399,430.08, up by 2.82% compared to the previous year[3]. - The net profit after deducting non-recurring gains and losses reached CNY 231,238,806.35, marking a significant increase of 17.90%[3]. - Total operating revenue for the first three quarters of 2025 was CNY 11.63 billion, a decrease of 10.57% compared to CNY 13.00 billion in the same period of 2024[17]. - Net profit for the first three quarters of 2025 reached CNY 1.00 billion, an increase of 8.66% compared to CNY 922.93 million in 2024[18]. - Basic earnings per share for the first three quarters of 2025 were CNY 2.26, compared to CNY 2.11 in the same period of 2024[18]. - The basic earnings per share for the period was CNY 0.50, an increase of 4.17% year-on-year[3]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 19,403,489,912.52, a decrease of 1.21% from the end of the previous year[4]. - As of September 30, 2025, the company's total assets amounted to approximately 19.40 billion RMB, a slight decrease from 19.64 billion RMB at the end of 2024[12][14]. - The company's current assets totaled approximately 7.56 billion RMB, down from 7.94 billion RMB at the end of 2024, indicating a decrease of about 4.8%[12][14]. - The company's total liabilities were approximately 11.41 billion RMB, down from 12.06 billion RMB at the end of 2024, representing a decrease of about 5.5%[14]. - The company's equity attributable to shareholders reached approximately 7.88 billion RMB, an increase from 7.47 billion RMB at the end of 2024, showing a growth of about 5.5%[14]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 1,359,284,967.62, down by 10.77% compared to the previous year[3]. - Cash flow from operating activities for the first three quarters of 2025 was CNY 1.36 billion, a decrease of 10.76% from CNY 1.52 billion in 2024[20]. - Cash flow from investing activities generated a net inflow of CNY 9.89 million in 2025, compared to a net outflow of CNY 490.39 million in 2024[21]. - Cash flow from financing activities resulted in a net outflow of CNY 1.21 billion in 2025, compared to a net outflow of CNY 880.13 million in 2024[21]. - The total cash and cash equivalents at the end of the first three quarters of 2025 was CNY 1.51 billion, slightly down from CNY 1.62 billion at the end of 2024[21]. Dividends and Shareholder Equity - The company plans to implement a mid-term dividend for the fiscal year 2025, with a net profit of CNY 773,814,788.36 attributable to shareholders for the first half of the year[9]. - The company plans to distribute a cash dividend of 1.589 RMB per 10 shares (tax included), totaling approximately 0.7 million RMB, which accounts for 9.04% of the net profit attributable to shareholders for the first half of 2025[10]. - Shareholders' equity attributable to the parent company increased by 5.45% to CNY 7,879,844,189.06 compared to the previous year[4]. Operational Changes - The company has received notifications regarding equity changes from shareholders, indicating ongoing restructuring efforts within its subsidiaries[11]. - The company continues to operate without a controlling shareholder or actual controller, maintaining its status as a non-controlling enterprise[11]. Other Financial Metrics - The weighted average return on equity decreased by 0.23 percentage points to 2.80%[3]. - The company reported accounts receivable of approximately 354.84 million RMB, a decrease from 404.27 million RMB at the end of 2024, indicating a decline of about 12.2%[12]. - The company's inventory was approximately 1.51 billion RMB, down from 1.74 billion RMB at the end of 2024, reflecting a decrease of about 13.3%[12][13]. - The company reported an investment income of CNY 556.46 million for the first three quarters of 2025, compared to CNY 481.11 million in 2024[17]. - The company experienced a foreign exchange gain of CNY 18.74 million in 2025, contrasting with a loss of CNY 4.78 million in 2024[17].

Core Insights - Chongqing Department Store reported a third-quarter revenue of 3.589 billion yuan, a year-on-year decrease of 10.81% [1] - The net profit for the third quarter was 217 million yuan, showing a year-on-year increase of 2.82% [1] - For the first three quarters, the total revenue was 11.63 billion yuan, down 10.56% year-on-year [1] - The net profit for the first three quarters reached 999 million yuan, reflecting a year-on-year growth of 7.38% [1]

Core Viewpoint - The equity change involves an internal asset restructuring among shareholders and does not trigger a takeover offer for Chongqing Department Store Co., Ltd [2] Group 1: Equity Change Overview - The equity change is part of a plan by Chongqing Yufu Capital Operation Group Co., Ltd to transfer 25.32% of its shares in the company to Chongqing Yufu Holding Group Co., Ltd, which will result in Yufu Holding directly holding 26.35% of the company's shares [3][4] - The company remains without a controlling shareholder or actual controller after the equity change [2][7] Group 2: Progress of Equity Change - On November 28, 2024, a free transfer agreement was signed between Yufu Capital and Yufu Holding, transferring 100% of the shares of Chongqing Yufu Huamao State-owned Asset Management Co., Ltd, which holds 1.03% of the company's shares [4][5] - The merger of Yufu Huamao into Yufu Holding has been completed, and the relevant market entity registration procedures have been finalized [5] Group 3: Impact on Company Operations - The equity change will not affect the company's main business operations, which include department stores, supermarkets, electronics, and automotive trade [6] - The company will continue to operate without a controlling shareholder, with Yufu Holding and Yufu Xinchuang Commercial Management Co., Ltd acting as concerted parties [7] Group 4: Commitments and Future Matters - Yufu Xinchuang will continue to fulfill the commitments made by Yufu Capital regarding the merger with Chongqing Commerce Group Co., Ltd [8] - The equity change does not trigger a mandatory takeover offer according to relevant regulations [9]

Core Viewpoint - Chongqing Department Store (600729) has maintained the highest information disclosure rating of "A" from the Shanghai Stock Exchange for the 2024-2025 period, marking the seventh consecutive year of achieving this rating [1][5]. Group 1: Company Performance - Over the past seven years, Chongqing Department Store has undergone systematic reforms, enhancing its core competitiveness and improving gross profit margins through resource sharing in supply chain and digital technology [5][6]. - The company's net cash flow from operating activities has increased from 1.003 billion yuan in 2018 to 2.023 billion yuan in 2024, indicating a doubling of its core business's cash-generating ability [6]. - The average dividend payout ratio since the company's listing has exceeded 50%, significantly higher than the industry average, with a cumulative dividend payout ratio of 125.54% over the last three years [6]. Group 2: Investor Relations and Market Strategy - The company has actively engaged in investor relations by holding performance briefings and utilizing platforms like Shanghai Stock Exchange's e-interaction to address investor inquiries, resulting in a significant increase in institutional investor holdings [6]. - Chongqing Department Store is accelerating supply chain reforms, business model innovation, and digital transformation to enhance operational efficiency and build omnichannel capabilities [6]. - The company is committed to compliance and fulfilling its information disclosure obligations while striving to meet diverse consumer needs with high-quality products and services [6].