Seazen(SH:601155) 3 6 Ke·2025-07-03 02:53Core Insights - The article discusses the competitive landscape of shopping malls in Jiangsu province, highlighting the ongoing battle among cities like Nanjing, Suzhou, Wuxi, and others to attract consumers and establish themselves as commercial hubs [2][5]. Group 1: Key Commercial Centers - Nanjing Deji Plaza is recognized as a leading luxury shopping destination, generating sales of 24.5 billion in 2024, and is noted for its high-end brand presence, including Hermès, Chanel, and Louis Vuitton [18]. - Wuxi Henglong Plaza, known as "Little Shanghai," features a luxury brand matrix with over 30 high-end brands and has a daily foot traffic of over 64,000 in early 2025 [5][8]. - Suzhou Renheng Warehouse Street, opened in September 2023, combines cultural heritage with modern shopping, featuring over 170 brands and a daily foot traffic of over 50,000 [12][11]. Group 2: Emerging Players - Changzhou Wujin Wuyue Plaza, which opened in May 2012, has become a commercial leader in Changzhou, achieving sales of 2.5 billion in 2024 and hosting over 350 brands [14][16]. - Nantong CBD Dayoujing, operational since November 2011, has maintained an average annual sales of over 1.5 billion and attracts over 50,000 visitors daily [33][37]. - Taizhou Vanke City, opened in June 2021, has quickly established itself as a commercial hotspot, with over 250 brands and a daily foot traffic of over 40,000 [38][40]. Group 3: Market Dynamics - The article emphasizes the fierce competition among shopping malls in Jiangsu, with each city striving to enhance their commercial offerings and attract high-value consumers through innovative marketing and brand strategies [5][19]. - The concept of "first-store economy" is highlighted, where new brands and flagship stores are crucial for driving foot traffic and sales, as seen in various malls across the province [12][41]. - The integration of cultural elements and local aesthetics into mall designs is becoming a trend, as exemplified by projects like Xu Zhou Wen Miao and Huai An Hua Xin Mall, which aim to create unique shopping experiences [52][60].