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Express News | Hongqi Chain: Shareholder Yonghui Supermarket plans to reduce its stake by no more than 3%.
Express News | Hongqi Chain: Shangtou Investment acquires 22.09% of the company's shares.
Hongqi Chain (002697): Marginal improvement in revenue driven by cloud-based monitoring and digitalization for efficiency enhancement
Key investment points: The company released its 2025 annual report, with performance in line with expectations. According to the company's announcement, 1) In 2025, the company achieved operating revenue of 9.556 billion yuan, a year-on-year decrease of 5.6%; net profit attributable to shareholders was 481 million yuan, a year-on-year decrease of 7%.
Hongqi Chain: First Quarter Report for 2026
Hongqi Chain (002697.SZ): Q1 net profit of 140 million yuan, down 8.97% year-on-year
Gelonghui, April 27th: Hongqi Chain (002697.SZ) released its Q1 report, showing operating revenue of 2.45 billion yuan, a year-on-year decrease of 1.03%. Net profit attributable to shareholders of the listed company was 140 million yuan, down 8.97% year-on-year. Deducting non-recurring gains and losses, net profit attributable to shareholders of the listed company amounted to 140 million yuan, marking a year-on-year decline of 6.53%.
Hongqi Chain (002697): Steady Progress and Continuous Efficiency Improvement
As a leading convenience store retailer in the southwestern region, the company has established a high-density network of over 3,000 stores in Chengdu and surrounding counties, demonstrating a strong competitive advantage in its core locations. In response to a rapidly changing environment, the company continues to focus on cost reduction and efficiency improvement while enhancing operating hours and overall performance.