CBEST(SH:600729) Quan Jing Wang·2025-06-25 15:08Group 1 - The 13th Chongqing Appliance Festival has commenced, marking an annual celebration of home appliance consumption and signaling Chongqing Department Store's efforts to boost consumption and improve livelihoods [1][3] - The festival features a collaboration between Chongqing Department Store, local government, and major appliance brands, showcasing new products and offering various promotional activities [3][4] - The event includes significant subsidies, with government and enterprise collaboration providing up to 20% discounts on appliances, enhancing the appeal of the festival [3][4] Group 2 - Chongqing Department Store is expected to maintain stable and positive operating performance in 2024, with key indicators ranking among the top in A-share retail [4] - The festival theme "Really Save" emphasizes green and smart appliance upgrades, with over 400 million yuan allocated for consumer benefits, including substantial discounts based on purchase amounts [4][5] - The event coincides with the 2025 Chongqing Appliance Festival and the China (Chongqing) Appliance Channel Merchant TOP Summit, focusing on industry transformation and value creation [5]