来源：商业观察家 今日，奥乐齐（ALDI）苏州、无锡两店同开。截至2025年7月19日，奥乐齐在全国线下已有76家门店（上海70家，苏州3家、无锡2家、昆山1 家）。 一 新店 奥乐齐苏州新店开在世茂广场，无锡新店则开在无锡经开区核心地段，无锡市政府商圈。这是奥乐齐走出上海，跨向华东的持续落子，奥乐齐当 下正处于新店的密集开业期，它的开店团队也在到处看点选址，很忙碌。 早前，奥乐齐于苏州、无锡、昆山做了一次三店同开，效果很好，据一些市场人士称，奥乐齐苏州店和无锡首店的开店期业绩，排进了奥乐齐现 有门店体系销售前三，业绩表现超出了奥乐齐上海的"一众"门店。 而分析奥乐齐在华东市场的受欢迎，可能主要有以下三个因素支撑。 一、竞争相对不激烈。 上海商业竞争很激烈，"红海"市场。 更激烈的竞争也带来了更贵的铺租与更贵的人工成本。 像奥乐齐这样的精选品类（1000多支SKU）做折扣经营模式的社区业态玩家，在中国市场还是比较稀缺的，比如它的即食经营（烘焙、熟食 等）、对生鲜品质的提升，以及自有品牌能力（买断供应链、去中间化、去经销环节做低价，做差异化），到下沉市场后，还是比较"稀缺"的， 往往能起到一种"降维打击"的效果 ...

Core Viewpoint - Asset management companies focusing on non-performing asset management are deepening their core business to help mitigate risks, serve the real economy, and strive for high-quality development [1][2]. Group 1: Regulatory Environment - In April, the Financial Regulatory Bureau issued guidelines to enhance the regulatory quality and promote the high-quality development of financial asset management companies, following the management measures for non-performing asset businesses released in November last year [2]. - The industry anticipates a continued increase in the balance of non-performing loans in the banking sector this year, leading to more opportunities for asset management companies specializing in non-performing assets [2]. Group 2: Asset Management Strategies - Asset management companies are increasing their efforts in acquiring and disposing of non-performing assets, leveraging advancements in financial technology such as artificial intelligence and big data for more precise risk identification and asset valuation [3]. - Companies are actively participating in risk mitigation in key areas, particularly in acquiring non-performing asset packages from small and medium-sized banks, and are tailoring comprehensive risk mitigation solutions for high-risk institutions [4][5]. Group 3: Focus on Key Areas - Asset management companies are involved in risk resolution in the real estate sector, supporting national policies aimed at ensuring the well-being of citizens and the completion of housing projects [4]. - The companies are also cautiously engaging in local debt risk mitigation, indicating that the resolution of key area risks will take time, thus providing ongoing and diverse business opportunities [5]. Group 4: Transformation and Future Development - The non-performing asset industry is entering a new phase of development, with national asset management companies continuing to play a crucial role in financial risk mitigation and supporting the real economy [6]. - Companies like China Citic Financial Asset have improved operational performance and development quality through the clearing of non-core financial subsidiaries, while China Galaxy Asset emphasizes enhancing service quality aligned with national strategies [6]. - Local asset management companies are facing transformation pressures and are gradually forming localized and specialized operations [7].

Core Insights - Chongqing International Trust Co., Ltd. reported a total revenue of 500 million yuan and a net profit of 204 million yuan for 2024, with a net profit attributable to the parent company of 208 million yuan [1] - The company implemented a new strategy focusing on "fixed income + investment + non-standard + asset management," achieving a business income of 9.138 billion yuan and a net profit of 8.332 billion yuan from trust operations [1] - Chongqing Trust is transitioning from a non-standard financing model to a diversified business model centered on asset services, asset management, and public welfare [1][2] Business Developments - The company actively engaged in bankruptcy restructuring, successfully bidding for 35 enterprises, establishing a restructuring service trust with a scale of 53.9 billion yuan [1] - New projects such as Xinhua Group and Gongxiao Daji were successfully launched, with investment returns of 28.57% and 90.12% for the Taikai Nuclear Power and Aoride restructuring projects, respectively [1] - The company has diversified its product offerings, including the establishment of the first family service trust and collaboration with consumer finance companies to develop ABS business, reaching a cumulative scale of 9 billion yuan [1] Strategic Focus - As of the end of 2024, the company reported a trust business scale of 191.926 billion yuan in the "Belt and Road" initiative and 36.590 billion yuan in the Chengdu-Chongqing economic circle [2] - The company added 57.634 billion yuan in private trust business and 75.393 billion yuan in small and micro-enterprise trust business in 2024 [2] - In the green trust sector, Chongqing Trust established two charitable trust products, with a total green trust business scale of 1.675 billion yuan, focusing on energy conservation, environmental governance, and green construction [2] Future Outlook - Looking ahead to 2025, the company will continue to adhere to its operational philosophy of "integrity, stability, innovation, and precision," focusing on risk management, innovation, and transformation [3] - The company aims to deepen its four-wheel drive strategy to achieve high-quality development [3]

Core Insights - In 2024, Chongqing Trust reported a total revenue of 500 million yuan, with a total profit of 258 million yuan and a net profit of 204 million yuan, of which 208 million yuan was attributable to the parent company [1] - The company is transitioning from a non-standard financing model to a diversified business model focused on asset services, asset management, and public welfare [1] Business Strategy - Chongqing Trust implemented a new strategy called "Fixed Income + Investment + Non-standard + Asset Management," focusing on innovative areas such as bankruptcy reorganization, QDII business, and green finance [1] - The company successfully engaged in bankruptcy reorganization, winning investment shares in 35 companies, including New Light Holdings, and established a reorganization service trust with a scale of 53.9 billion yuan [1] - Notable investment returns were achieved in the reorganization projects of Taihai Nuclear Power and Aorede, with investment yields of 28.57% and 90.12% respectively [1] Equity Investment - Chongqing Trust has expanded its equity investment offerings, including TOF, direct stock investments, and family service trust products, launching the first family service trust "Jufu No. 2" [2] - The company has collaborated with consumer finance companies to develop ABS business, with a cumulative scale reaching 9 billion yuan [2] Risk Management - In response to the real estate sector's risks, Chongqing Trust has implemented comprehensive risk management strategies, successfully mitigating over 7 billion yuan in risks since 2023 [2] - The company employs various methods for debt collection, including online communication, written reminders, and negotiations with local governments to ensure property sales and debt recovery [2] - Chongqing Trust actively seeks support from courts and local governments, utilizing legal measures such as freezing and auctioning to protect the rights of trustees [2]