CBEST(SH:600729) Cai Jing Wang·2026-01-14 10:48Core Viewpoint - In the 2025 performance report, Chongqing Department Store announced a total operating revenue of 14.712 billion yuan, a year-on-year decrease of 14.16%, and a net profit attributable to shareholders of 1.021 billion yuan, down 22.36% year-on-year [1] Group 1: Financial Performance - The total operating revenue for 2025 was 14.712 billion yuan, reflecting a decline of 14.16% compared to the previous year [1] - The net profit attributable to shareholders was 1.021 billion yuan, which represents a year-on-year decrease of 22.36% [1] Group 2: Industry Challenges and Strategic Focus - The retail industry is facing challenges and opportunities due to the transition between old and new driving forces [1] - The company is accelerating its transformation towards new energy in the automotive sector by reducing its focus on fuel vehicles, which has impacted its performance [1] - For 2026, the company will focus on five core areas: "products, adjustments, efficiency, growth, and profitability" to enhance product strength, create new scenarios, expand omnichannel, promote digital intelligence, and stimulate internal vitality for sustainable development [1]