中央商场：控股子公司门店暂停营业

Core Viewpoint - The company has decided to suspend operations at its subsidiary, Xuzhou Central Department Store, due to ongoing operational difficulties stemming from market downturns, intensified competition, and property leasing disputes, with no signs of improvement in the business fundamentals since its opening in December 2019 [1] Group 1 - The Xuzhou store opened in December 2019 and has faced challenges since then, including a declining market environment and increased competition [1] - The company has acknowledged that despite adjustments, the operational situation of the Xuzhou store has not shown signs of improvement, making it difficult to achieve a turnaround [1] - The decision to suspend operations has been authorized by the company's management and is not expected to have a significant impact on the overall business performance of the company [1]