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Lacklustre Performance Is Driving Chongqing Department Store Co.,Ltd.'s (SHSE:600729) Low P/E
Chongqing Department Store (600729.SH): The company has initiated the localization deployment of DeepSeek.
On March 17, Glonghui reported that Chongqing Department Store (600729.SH) stated on the investor interaction platform that the company has been committed to digital transformation. As early as the first half of 2021, the multi-point automatic replenishment system was launched in all Chongqing Department Store outlets, reducing the out-of-stock rate to 3.5% and shortening the turnover days to 30. Digital efficiency improvements are not only impacting the supply chain; the Chongqing Department Store's electronic membership reached a 90% annual growth rate in 2023, with digital marketing methods precisely reaching members, and integrating online and offline commodities, prices, and promotions to drive the performance growth of Chongqing Department Store. In 2024, the company also introduced the 'annual' listing.
Chongqing Department Store (600729.SH): The company currently has no merger and acquisition plans.
On March 17, Gelonghui reported that Chongqing Department Store (600729.SH) stated on the investor interaction platform that the company currently has no merger and acquisition plans. Chongqing Department Store's investment in immediate consumption is one of the first units in Chongqing to be designated for "leading the charge" in the direction of embodied intelligent robots, with important projects in AI and key Software, such as the "key technology breakthroughs in embodied intelligent causal reasoning." In the future, it will continue to deepen research on key technologies for embodied intelligence.
Overview of the lifting of the restrictions on the sale of A-shares | March 7.
According to Zhitong Finance APP, on March 7, a total of 4 listed companies had their restricted stocks unlocked, with a total market value of approximately 7.807 billion yuan. The specific details of the restricted stock unlocks today are as follows: Stock Abbreviation Stock Code Type of Restricted Stock Number of Unlocked Shares Chongqing Department Store 600729 Additional Issue A Shares 2.7906 million Delixi New Energy Technology 603032 Stock-based Incentive 0.2366 million Huashi Technology 301218 Pre-issue Shares 52.227 million Huaqin Technology 688281 52.150000006 million.
Chongqing Department Store Co.,Ltd.'s (SHSE:600729) Market Cap Surged CN¥2.7b Last Week, Private Companies Who Have a Lot Riding on the Company Were Rewarded
Chongqing Department Store Co.,Ltd. (SHSE:600729) Shares Could Be 42% Below Their Intrinsic Value Estimate