Core Insights - The 2026 Spring Festival saw a significant surge in cultural and tourism consumption, driven by various promotional activities, leading to record-high national consumption market scale [1] - Dongbai Group demonstrated strong performance during the extended holiday, leveraging market insights and refined operations to achieve impressive sales figures [2] Group 1: Sales Performance - During the Spring Festival, Dongbai Group's total sales exceeded 330 million yuan, with a year-on-year increase of 5% [2] - The total customer flow reached 5.72 million, marking a 10% year-on-year increase [2] - A total of 651 brands achieved sales champions, with 2 brands ranking first nationally, 376 brands first in the province, and 273 brands first in the city [2] Group 2: Regional Economic Impact - In Fujian, the provincial government organized over 1,500 promotional activities, resulting in a 25.8% year-on-year increase in tourist reception during the holiday [3] - Fuzhou issued consumption vouchers and implemented free public transport policies, leading to a 4.5% increase in non-star hotel occupancy [3] - Dongbai Group capitalized on the cultural tourism boom by integrating core commercial areas with historical cultural districts, achieving a 41% year-on-year increase in customer flow [3] Group 3: Community Engagement - Dongbai Group implemented targeted community commercial strategies, such as music concerts and themed events, to cater to diverse customer needs [4] Group 4: Growth in Gansu Market - The Gansu market showed strong performance with a new trend of "compensatory shopping," supported by 907 cultural tourism activities benefiting nearly 1.8 million people [5] - Dongbai's Gansu center utilized its proximity to the Gansu Provincial Museum to launch themed exhibitions, attracting a younger demographic [5] - The center achieved a 20% year-on-year increase in customer flow and a 5% increase in sales during the Spring Festival [6] Group 5: Future Outlook - Dongbai Group's strategic layout and refined operations have been validated by the successful Spring Festival performance, positioning the company for continued high-quality growth [6]

Group 1 - Dongbai Group (600693) has officially partnered with Gansu Xintou Commercial Management Co., Ltd. to undertake the light asset management cooperation for the "Xintou Times Center" project in Lanzhou New Area [1] - Dongbai Group will provide comprehensive professional services including preliminary planning, project positioning, planning renovation, and investment operation for the project, aiming to establish a new benchmark for regional commerce [1] - This collaboration marks another significant implementation of Dongbai's light asset management model in the Northwest market, following the Haoxin Times Square project, further solidifying Dongbai's deepening layout in the region [1]