Hongqi Chain: 2026 Semi-Annual Performance Forecast
Hongqi Chain (002697.SZ): Net profit for the first half of the year is expected to decline by 2.06%–5.27% year-on-year.
Gelonghui, July 10 — Hongqi Chain (002697.SZ) announced that it expects net profit attributable to shareholders of the listed company for the first half of the year to be in the range of RMB 266 million to RMB 275 million, representing a decline of 5.27% to 2.06% compared to the same period last year. Net profit after deducting non-recurring gains and losses is expected to be between RMB 274.76 million and RMB 283.76 million, an increase of 4.76% to 8.19% year-on-year. In the first half of 2026, the company continued to optimize its offline store layout and deepen its differentiated business strategy, achieving strong performance in per-store output and profitability efficiency. The number of 24-hour cloud-staffed stores exceeded 1,000, and the company simultaneously stepped up promotion of
Hongqi Chain Halts Development of Robotic Unmanned Vending System; Stock Surged Limit-Up Day After Official Announcement Last Year | Quick Read of Disclosure
① The company announced that its robotic unmanned vending system has not yet met the criteria for large-scale commercial deployment and intends to discontinue development of the project. ② After market close on March 3 last year, Hongqi Chain disclosed that it was collaborating with a leading humanoid robotics company to develop and innovate a robotic unmanned vending system. The company's share price surged to its daily trading limit at the opening the following day.
Express News | Retail stocks surged, with Central Department Store hitting its daily trading limit.
Express News | Retail stocks fluctuated and strengthened, with BBG surging by the daily trading limit.
Hongqi Chain (002697) 2025 & 26Q1 Earnings Commentary: Omnichannel and Supply Chain Optimization, Accelerated Promotion of Cloud-Managed Store Model
Report Summary: The company continues to optimize its store network and accelerate the promotion of the cloud-manned model, effectively extending operating hours and improving labor efficiency, which is expected to drive performance growth. Key investment highlights: Maintain an overweight rating. Considering the company’s strict control over inefficient expansion and optimization of its store network.
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.
Express News | Yonghui Supermarkets Plans to Reduce Its Entire Stake in Hongqi Chain at an Appropriate Time
Hongqi Chain: Preliminary First-Quarter 2026 Results
Research Report Insights | Guosheng Securities: Reiterates 'Buy' Rating for Hongqi Chain, Earnings Expected to Maintain Steady Growth
Gelonghui, April 15 | A research report by Guosheng Securities pointed out that the deferred income tax of Hongqi Chain's subsidiary has weighed on performance, with a focus on product strength and digital upgrades. In 2025, the company achieved revenue of 9.556 billion yuan, a year-on-year decrease of 5.61%, and net profit attributable to shareholders of 481 million yuan, a year-on-year decrease of 7.78%. The company’s 'Deep Cultivation of Chengdu' strategy has shown significant results, with core regions demonstrating strong resilience. The company is focusing on enhancing product strength and digital transformation. Among these efforts, the 'Cloud Guard' stores—24-hour unmanned stores—have exceeded 500 units, with a target of reaching 1,500 by 2026 and full coverage by 2027, effectively extending service hours. The company...
Hongqi Chain (002697): Subsidiary's Deferred Income Tax Drags Down Performance; Focus on Product Strength and Digital Upgrades
Event: The company released its 2025 annual report. In 2025, the company achieved revenue of 9.556 billion yuan, a year-on-year decrease of 5.61%. The net profit attributable to shareholders was 481 million yuan, a year-on-year decrease of 7.78%, and the non-recurring net profit attributable to shareholders was 450 million yuan.
Hongqi Chain (002697): Enhancing Quality and Efficiency through Meticulous Operations, Driven by Both Optimization of Existing Assets and Online Growth
Event: The company released its 2025 annual report. (1) In 2025, the company achieved operating revenue of 9.556 billion yuan, a year-on-year decrease of 5.61%; net profit attributable to shareholders of the listed company was 481 million yuan, a year-on-year decrease.
Hongqi Chain (002697): Continuous optimization of stores to promote cost reduction and efficiency enhancement
The company released its 2025 annual report, achieving a full-year revenue of 9.556 billion yuan (-5.61%) and a net profit attributable to shareholders of 481 million yuan (-7.78%). The non-recurring net profit attributable to shareholders amounted to 453 million yuan (-4%).
Hongqi Chain: 2025 Annual Report
Hongqi Chain: Summary of the 2025 Annual Report