Core Viewpoint - The company has made significant progress in retail operations, digital transformation, and regional economic empowerment over the past five years, contributing to the recovery of the consumer market [1] Group 1: Strategic Positioning - The company has established a strategic positioning of "rooting in Ningxia and radiating to the Northwest" since being controlled by Wumart Group in 2006, becoming an important platform for Wumart's development in the Northwest market [2] - The company has developed a business network that covers the entire region, extending its operations from Ningxia to Inner Mongolia, Shaanxi, Gansu, and Qinghai, with a focus on regional market competitiveness [2] - The company operates 12 department stores/shopping centers, 247 chain supermarkets, and 84 electrical and communication chain stores, with a total building area exceeding 1.3 million square meters, making it one of the leading retail enterprises in the Northwest region [2] Group 2: Differentiated Operations - The company focuses on core advantages of various business formats to break through the homogenization of retail competition, forming unique competitive strengths in supermarkets, department stores, electrical appliances, and logistics [3] - The supermarket format emphasizes providing fresh, safe, and reliable food, optimizing the supply chain to ensure the freshness and safety of daily consumer goods [4] - The department store format innovates by integrating shopping center elements and creating new consumption scenarios, promoting a one-stop experience for shopping, leisure, and socializing [3] Group 3: Logistics and Supply Chain - The company has established an integrated supply chain service system with a modern logistics base and a delivery radius of 800 kilometers, supporting its various business formats [5][6] - The logistics system is evolving from enterprise logistics to logistics services for society, becoming an important support for regional supply chains [6] Group 4: Digital Transformation - The company has positioned digital transformation as a core strategy, utilizing digital platforms to reconstruct operational systems and enhance consumer experiences [7] - The "Duodian" digital platform has accumulated nearly 8 million members, becoming a key link between the company and consumers, and facilitating precise operations [7] - The company leverages member data to optimize service strategies and enhance member engagement and conversion rates through integrated online and offline operations [7][8] Group 5: Regional Development and Social Responsibility - The company actively promotes local specialty products and collaborates with nearly 10,000 small and micro enterprises to enhance regional economic vitality [9] - The company has contributed to regional tax revenue and employment while achieving steady growth in operating performance, with an average annual sales of nearly 8 billion yuan and cumulative dividends exceeding 124 million yuan during the 14th Five-Year Plan period [10] Group 6: Future Outlook - The company plans to continue focusing on the retail sector, balancing market expansion with efficiency improvement, and accelerating digital development to enhance integrated operations [11] - The company aims to build an economic circle centered around Yinchuan, further radiating to surrounding provinces with a consumer population of millions, striving to become a competitive retail enterprise in the Northwest market [11]