新华百货：8月20日召开董事会会议

Group 1 - The core viewpoint of the article highlights that Xinhua Department Store (SH 600785) announced the establishment of Ningxia Xinmei Supply Chain Co., Ltd. during its board meeting on August 20, 2025 [1] - For the fiscal year 2024, Xinhua Department Store's revenue composition is reported as 86.49% from commercial retail and 13.51% from leasing and other businesses [1] - As of the report, Xinhua Department Store has a market capitalization of 3.1 billion yuan [1]