Chongqing Department Store to brief on Q3 results amid ownership shift

Chongqing Department Store (SSE:600729) will hold its 2025 third-quarter performance briefing online on December 2, 2025, from 10:00 to 11:00 AM, hosted by the Shanghai Stock Exchange Roadshow Center. Investors can submit questions in advance from November 25 to December 1, 2025. This event follows the release of the company's Q3 2025 report on October 30, 2025.

The briefing occurs against a backdrop of ownership changes. Chongqing Yufu Capital Operations Group Co., Ltd. (Yufu Capital) is transferring its 25.32% stake, or 111,540,705 shares, in Chongqing Department Store to Chongqing Yuxin Commercial Management Co., Ltd. (Yuxin Commercial Management) via a state-owned equity gratuitous transfer. This transfer, signed on November 20, 2025, means Yufu Capital will no longer hold shares in Chongqing Department Store.

Post-transfer, Yuxin Commercial Management, along with its concerted parties Chongqing Yufu Holdings Group Co., Ltd. and Southwest Securities Co., Ltd., will collectively hold 26.35% of Chongqing Department Store's total share capital. Despite the change, Chongqing Department Store will remain without a controlling shareholder or actual controller. The equity transfer aims to clarify the functional positioning of state-owned enterprises and improve the management of core businesses within Chongqing Yufu Holdings.