Dense document images often contain many fine-grained visual and textual entities whose relevance depends on a user query. Standard vision-language retrievers encode cropped regions with a single vector, which can mix distinct entity signals and obscure the evidence needed for fine-grained retrieval. We call this failure mode **Semantic Dilution** and quantitatively show that it degrades entity-level retrieval as a function of entity density. To mitigate it, we propose **SAGE**, a training-free framework that parses semantic entities from dense document images, represents them as hierarchical graph nodes with multi-vector embeddings, and retrieves query-relevant evidence through iterative entity-level subgraph matching. We also introduce **DEAR**, a dataset of 1,055 query–image pairs sourced from product detail pages, where each query requires retrieving and comparing multiple fine-grained entities from visually dense inputs across four question types of increasing complexity. Experiments show that SAGE substantially reduces semantic dilution and outperforms patch-level and OCR-based retrieval baselines on DEAR, achieving a Recall@3 of 0.849 and a generation score of 2.746 on multi-entity visual comparison queries. Our code is available at https://github.com/All4Nothing/SAGE.

Recent Vision-Language Pre-training (VLP) models have demonstrated significant advancements. Nevertheless, these models heavily rely on image-text pairs that capture only coarse and global information of an image, leading to a limitation in their regional understanding ability. In this work, we introduce RegionVLM, equipped with explicit regional modeling capabilities, allowing them to understand user-indicated image regions. To achieve this, we design a simple yet innovative architecture, requiring no modifications to the model architecture or objective function. Additionally, we leverage a dataset that contains a novel source of information, namely Localized Narratives, which has been overlooked in previous VLP research. Our experiments demonstrate that our single generalist model not only achieves an interactive dialogue system but also exhibits superior performance on various zero-shot region understanding tasks, without compromising its ability for global image understanding.