Chongqing Department Store: The company currently does not have significant land or commercial real estate reserves and does not possess real estate development qualifications.

Securities Daily Online News: On February 25, Chongqing Department Store responded to investor questions on the interactive platform, stating that the company’s main business is commercial retail. The self-owned property stores cover an area of approximately 806,100 square meters, with the rest being leased properties. The company currently does not have significant land or commercial real estate reserves and does not possess real estate development qualifications.

(Editor: Wang Xueer)

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