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Daqing Xinmart, a subsidiary of Dashang Co., Ltd. (600694.SH), plans to advance the renovation and expansion project for 183 million yuan

Zhitongcaijing·07/15/2026 07:57:03
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Zhitong Finance App News, Dashang Co., Ltd. (600694.SH) announced that the holding subsidiary of the company, Dashang Daqing New Mart Shopping and Leisure Plaza Co., Ltd. (“Daqing New Mart”) is actively promoting the renovation and expansion project. In order to meet construction needs, Daqing Xinmart now plans to sign the “Daqing Xinmart Shopping and Leisure Plaza Renovation and Expansion Project Construction Contract” with the related party China Dalian International Economic and Technical Cooperation Group Co., Ltd. The contract was in the form of a fixed total price contract. The total amount of the contract including tax was 183 million yuan (including the VAT rate of 9%); the project funds paid by Daqing Xinmart were self-funded.

The purpose of signing this contract is to expand the business space of Daqing Xinmart, deepen brand and business format iteration, consolidate the core advantages of the Daqing region, optimize store operation efficiency, and enhance sustainable profitability. This is necessary for the company's normal business development and is in line with the company's main business and development direction.