WUSHANG GROUP(000501)2022-12-03 09:28Group 1: Post-Pandemic Recovery Efforts - The company has implemented a new night economy model to stimulate consumption [2] - Accelerated the establishment of online marketing platforms using "e-commerce + flash sales + WeChat groups + live streaming" to drive consumer engagement [2] - Collaborated with Alipay and WeChat to promote the first corporate version of consumption vouchers during the 61st anniversary celebration [2] - Hosted the "See LV" global tour debut at Wuhan International Plaza to attract visitors and enhance foot traffic in the shopping district [3] - Launched various large-scale marketing activities in conjunction with major events such as back-to-school season, Valentine's Day, National Day, Mid-Autumn Festival, Double Eleven, and Christmas [3] Group 2: Dream Times Square Project - The main structure of the Dream Times Square project was completed on November 9, 2020, with an expected opening in May 2022 [3] - The project is progressing steadily with ongoing market research for招商 [3] - Funding for the project will be secured through self-funding, bank loans, and the issuance of short-term financing bonds and medium-term notes [3] - The company has secured a 7 billion RMB 12-year project loan from Ping An Bank to support construction [4] Group 3: Supermarket Operations and Future Directions - The supermarket division is steadily recovering post-pandemic and is undergoing upgrades to meet market demands [4] - The company is developing four types of model stores: lifestyle stores, hypermarkets, boutique supermarkets, and community stores [4] - Efforts are being made to enhance store management, optimize product structure, and promote private label development [4] - The goal is to improve operational efficiency, reduce management costs, and accelerate the transition towards a "supermarket optimization" strategy [4]