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Chongqing Department Store (600729.SH): authorized Duodian Company to carry out Software distribution Business.
On December 12, Gelonghui announced that Chongqing Department Store (600729.SH) has disclosed that its wholly-owned subsidiary, Jiuzhang Kaiwu, is expanding the sales channels for its proprietary Technology product "Caisutong System" Software, increasing market visibility, and enhancing product competitiveness by partnering with Duodian Company for Software sales cooperation. Jiuzhang Kaiwu has authorized Duodian Company as the Dealers for the "Caisutong System" Software products and services, to purchase and sell Jiuzhang Kaiwu's "Caisutong System" Software products and services. Jiuzhang Kaiwu and Duodian Company have signed the "Caisutong Products and Services Authorized Dealer Agreement." The cooperation period between Jiuzhang Kaiwu and Duodian Company is set from the agreement.
There's No Escaping Chongqing Department Store Co.,Ltd.'s (SHSE:600729) Muted Earnings Despite A 28% Share Price Rise
Guosen: The wave of mergers and acquisitions in the retail industry is rising, an important growth paradigm for enterprises in the era of existing inventory.
From the perspective of leading listed companies, a significant amount of capital operation and diversified management experience has been accumulated in recent years. With the increasing demand for exits in the primary market, many high-quality consumer symbols have also provided listed companies with good acquisition and integration opportunities.
Haitong sec: The macro environment is improving. Focus on mergers and acquisitions in the retail industry. Low PB companies may welcome valuation recovery.
Recently, the market's attention has shifted towards mergers and acquisitions and low PB, the bank has sorted out the relevant targets in the retail sector with progress, divided into two categories: first, changes in major shareholders, which may enhance merger and reorganization expectations; second, the company itself has merger and reorganization related activities.
Earnings Troubles May Signal Larger Issues for Chongqing Department StoreLtd (SHSE:600729) Shareholders
New Stock News | Duodian Technology Debuts on the Hong Kong Main Board as China's Largest Retail Digital Solution Provider.
On October 30th, the Hong Kong Stock Exchange disclosed that Multi Point Intelligence Limited (referred to as Multi Point Intelligence) has submitted an application for listing on the main board of the Hong Kong Stock Exchange.