通过细粒度上下文学习，提升大模型在复杂图像检索中的表现。

Due to their strong generalizable multimodal processing and reasoning capabilities, Multimodal Large Language Models (MLLMs) have demonstrated significant potential as universal image retrievers, effectively addressing diverse real-world image retrieval tasks. Nevertheless, pioneering studies, while promising, overlook the potential of fine-grained context modeling and disentangled fine-tuning objectives in enhancing MLLMs' retrieval performance, particularly for complex tasks such as long-text-to-image retrieval, visual dialog retrieval, and composed image retrieval (CIR). Therefore, in this work, we propose an automated fine-grained multimodal quintuple dataset construction pipeline and a novel two-stage fine-grained multimodal fine-tuning strategy. The dataset generation pipeline produces a comprehensive CIR dataset with fine-grained image captions and modification text, facilitating fine-grained context modeling. Beyond the previously entangled fine-tuning paradigm, our approach separates the fine-tuning process into two distinct stages: (1) fine-grained context reasoning-oriented fine-tuning and (2) fine-grained retrieval-oriented fine-tuning. These stages aim to sequentially enhance the model's context understanding and query-target alignment capabilities, thereby improving retrieval performance. Extensive experiments across five datasets encompassing diverse and complex image retrieval tasks demonstrate the remarkable superiority of our method over existing approaches in zero-shot retrieval settings, even with a more lightweight MLLM backbone compared to those methods.