[Chongqing Department Store: proposed to be priced at 4.86 billion yuan to absorb and merge Chongqing Trading Company]-- Chongqing Department Store disclosed the draft reorganization, and the company plans to carry out a major asset restructuring to absorb and merge Chongqing Trading Company by issuing shares. Specifically, the company intends to absorb and merge the Chongqing Trading Company by issuing shares to Yufu Capital, Wumei Jinrong, Bubugao Wisdom, Huilong, Huilong and Huixing, and after the transaction is completed, as a surviving company, the company will inherit and undertake all the assets, liabilities, business, personnel and all other rights and obligations of Chongqing Merchant, the legal personality of Chongqing Merchant will be cancelled, and the company shares held by Chongqing Merchant will be cancelled. Yufu Capital, Wumei Jinrong, Shenzhen Bugao, Huilong and Huixing will become shareholders of the company. The transaction price of 100% equity in Chongqing trading company is set at 4.86 billion yuan. After the completion of the transaction, the retail business of Chongqing Trading Company will be listed as a whole.