Chongqing Department Store: Shareholders plan to transfer 1.12 billion shares for free.

Chongqing Department Store announced that on October 27, 2025, the company received a notification letter from shareholder Yufu Capital regarding changes in equity, stating their intention to transfer 111,540,705 shares of the company's stock to Yuxin Chuangshanguan at no cost. On November 20, the two parties signed an agreement on the transfer of shares at no cost. This change in equity still requires approval from the Shanghai Stock Exchange and the completion of transfer registration. After the change, the company will remain a non-controlling shareholder with no actual controlling entity.