Shanghai Xujiahui (SZ:002561)2022-12-08 09:32Group 1: Business Performance - The overall business performance in the second half of the year remained stable, comparable to the previous year [2] - The company is cautious in its operational style, focusing on strengthening existing businesses [2] Group 2: E-commerce Impact - E-commerce has had a limited impact on foot traffic, with adjustments being made to enhance store image [2] - The company is monitoring e-commerce trends but currently has no specific development plans [3] Group 3: Property Ownership and Development - The company primarily operates its own properties [2] - Future developments, such as the Xujiahui Center, are expected to include office buildings and high-end hotels, with minimal impact on the company's core business [2] Group 4: Strategic Direction - The main development direction is retail, with an expansion towards chain operations [2] - The company will continue to pay attention to local commercial layouts and will consider expansion opportunities as they arise [2] Group 5: External Influences - Disney is expected to have a limited impact on the company, despite potentially boosting local tourism consumption [3]