Hefei Dept(SZ:000417)2022-12-07 09:22Group 1: Company Operations and Market Conditions - The company has not made significant changes in its sales performance since the fourth quarter of last year, with overall market conditions remaining under pressure [3] - The company emphasizes cost control, maintaining a relatively low expense ratio compared to the industry, despite fixed costs in retail being rigid [3] - The company is focusing on multi-channel development strategies, including self-operated e-commerce and partnerships with well-known e-commerce platforms [3][4] Group 2: E-commerce and New Market Developments - The company's e-commerce platform, Yishang Mall, is experiencing steady growth, although its overall scale remains small [4] - The new agricultural markets, including Zhougudui and Suzhou, have begun operations, with plans for the Zhougudui market to fully relocate this year [4] - The company is planning to slow down the opening of new stores while considering economic and market factors, with the Wuhu Baizhuang Times Square project expected to open in May 2015 [4] Group 3: Strategic Development and Transformation - The company's transformation strategy focuses on changes in operational models, business formats, and profit models, enhancing direct sales and self-owned brand capabilities [3] - The company aims to strengthen investments in related fields to seek new economic growth points and improve returns for investors [3]