Core Viewpoint - The company has announced its 2025 "Quality Improvement and Efficiency Enhancement Return" action plan, aiming to promote high-quality development and protect investors' rights while responding to regulatory initiatives [8][11]. Group 1: Financial Data and Reporting - The third-quarter financial statements for 2025 are unaudited, and the company emphasizes the accuracy and completeness of its financial information [3][4]. - The company has not reported any significant changes in major accounting data or financial indicators for the current period [5]. Group 2: Strategic Focus and Development - The company will focus on its core business and enhance its competitive position by optimizing commercial planning and improving customer experience [9]. - Strategic investments will be accelerated, particularly in emerging sectors, to capitalize on consumer changes and new technologies [10]. Group 3: Investor Relations and Communication - The company plans to enhance its communication with investors through various channels, including online and offline meetings, to improve market recognition [12][13]. - A mid-term cash dividend will be implemented for the first time in 2025, aiming to increase the frequency and visibility of shareholder returns [11]. Group 4: Governance and Compliance - The company will strengthen its governance structure by revising its articles of association and enhancing the decision-making capabilities of its board [14]. - The company has implemented long-term incentive mechanisms for key personnel to align their interests with those of shareholders [15]. Group 5: Management Changes - The company has appointed a new general manager, replacing the previous one, while the former general manager will continue to serve as the chairperson [35][36].

Core Viewpoint - The company announced the appointment of Yu Guorong as the new General Manager after removing him from the position of Deputy General Manager [1] Group 1 - The board of directors of Hangzhou Jie Bai (600814) approved the decision to remove Yu Guorong from his role as Deputy General Manager [1] - Yu Guorong has been appointed as the General Manager of the company [1]

Core Viewpoint - Hangzhou Jie Bai is a large comprehensive department store group in China, established in 1992, with a strong brand foundation and extensive customer base. The company operates in various sectors including retail, wholesale, hotel, import-export trade, and services [1]. Financial Performance - In Q3 2025, Hangzhou Jie Bai reported revenue of 1.273 billion yuan, ranking 10th in the industry out of 22 companies. The top competitor, Tianhong, had revenue of 8.878 billion yuan, while the industry average was 1.866 billion yuan [2]. - The company's net profit for the same period was 316 million yuan, leading the industry rankings. The second-ranked Dongbai Group reported a net profit of 162 million yuan, with the industry average at 39.28 million yuan [2]. Financial Ratios - As of Q3 2025, Hangzhou Jie Bai's debt-to-asset ratio was 43.86%, lower than the previous year's 45.07% and below the industry average of 48.09% [3]. - The gross profit margin for Q3 2025 was 75.59%, slightly down from 77.06% year-on-year, but significantly higher than the industry average of 45.34% [3]. Executive Compensation - The chairman, Bi Ling, received a salary of 3.5338 million yuan in 2024, a decrease of 137,300 yuan from 2023. The general manager, Yu Guorong, earned 821,800 yuan [4]. Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 10.57% to 29,000. The average number of circulating A-shares held per shareholder increased by 11.82% to 25,100 [5].

证券代码：600814 证券简称：杭州解百 编号：2025-035 杭州解百集团股份有限公司 2025 年三季度经营数据简报 根据上海证券交易所《上市公司自律监管指引第 3 号——行业信息披露》要求， 现将公司 2025 年三季度主要经营数据披露如下： 一、门店分布及变动情况 单位：元；币种：人民币 | | 营业收入 | 营业收入比上年同 | | 毛利率（%） | 毛利率比上年同期增减 | | | --- | --- | --- | --- | --- | --- | --- | | | | 期增减（%） | | | | | | 杭州地区 | 1,274,220,719.35 | | -3.60 | 75.50 | 减少 1.58 | 个百分点 | （二）营业收入分业态 单位：元；币种：人民币 | | 营业收入 | 营业收入比上年同 | | 毛利率（%） | 毛利率比上年同期增减 | | | --- | --- | --- | --- | --- | --- | --- | | | | 期增减（%） | | | | | | 购物中心 | 1,272,370,378.06 | | -3.71 | 75.50 | ...

证券代码：600814 证券简称：杭州解百 公告编号：2025-036 杭州解百集团股份有限公司 关于高级管理人员变动及免去职工代表监事的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 杭州解百集团股份有限公司（以下简称"公司"）于近日收到公司副总经理倪 伟忠先生、董事长兼总经理毕铃女士递交的辞职报告，倪伟忠先生因工作调整申请 辞去公司副总经理职务，毕铃女士因工作调整申请辞去公司总经理职务。 一、高级管理人员离任情况 | 姓名 | 离任职务 | | 离任时间 | | | 原定任期 到期日 | | 离任原因 | 是否继续在上 市公司及其控 | 具体职务 | 是否存在 未履行完 毕的公开 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | | | 股子公司任职 | | 承诺 | | 毕铃 | 总经理 | 2025 | 年 | 10 | 2026 | 年 | 5 | 工作调整 | 是 | 董 ...

证券代码：600814 证券简称：杭州解百 公告编号：2025-037 杭州解百集团股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： https://roadshow.sseinfo.com） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 11 月 25 日（星期二）至 12 月 1 日（星期 一）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或 通过公司邮箱 zqb@hzjbgroup.com 进行提问。公司将在说明会上对投 资者普遍关注的问题进行回答。 杭州解百集团股份有限公司（以下简称"公司"）已于 2025 年 10 月 31 日发布公司 2025 年第三季度报告，为便于广大投资者更全 面深入地了解公司 2025 年前三季度经营成果、财务状况，公司计划 2025 年 12 月 2 日（星期二）10:00-11:00 举行 2025 年第三季度业绩 说明会，就投资者关心的问题进行交流。 一、 说明会类型 会议召开时间 ...

二是夯实主业发展，提升竞争地位。杭州大厦将以巩固区域龙头地位为目标， 承接政策红利，推进销售增长和利润达成，优化商业规划和客流动线，加大会员运 营与品牌升级，改造物业设施、改善服务体验。解百商业将统筹楼层、招商与运营， 兼顾招商和稳商，强化精细化运营与美陈形象，把握区域更新机遇，激活团队动力， 实现形象业绩双增长。 证券代码：600814 证券简称：杭州解百 公告编号：2025-038 杭州解百集团股份有限公司 关于 2025 年"提质增效重回报"行动方案的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 为深入贯彻国务院《关于进一步提高上市公司质量的意见》要求，响应上海证 券交易所《关于开展沪市公司"提质增效重回报"专项行动的倡议》，积极推动公 司高质量发展，保护投资者的合法权益，增强资本市场内在稳定性，促进资本市场 健康发展。杭州解百集团股份有限公司（以下简称"公司"）结合自身经营实际和 发展战略，特制定 2025 年"提质增效重回报"行动方案，具体内容如下： 一、聚焦主责主业，提升核心竞争力 2025 年，公司 ...

杭州解百集团股份有限公司 第十一届董事会第十八次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 证券代码：600814 证券简称：杭州解百 公告编号：2025-034 董事会同意选举毕铃（简历附后）为代表公司执行公司事务的董事，并担任公 司法定代表人，任期自本次董事会审议通过之日起至第十一届董事会任期届满之日 止。 表决结果：同意 9 票，反对 0 票，弃权 0 票，表决通过。 二、审议通过公司《关于选举董事会审计委员会成员及推选召集人的议案》。 根据《公司法》和《公司章程》的有关规定，公司董事会下设审计委员会，董 事会同意选举郭军、潘松挺、郑海霞（简历附后）为公司第十一届董事会审计委员 会成员，其中独立董事郭军担任审计委员会召集人且为会计专业人士。公司第十一 届董事会审计委员会中独立董事占多数，并由独立董事担任召集人，符合相关法律 1 法规及《公司章程》的规定。公司第十一届董事会审计委员会成员的任期自本次董 事会审议通过之日起至第十一届董事会任期届满之日止。 ●本次会议应出席董事 9 人， ...

南财智讯10月30日电，杭州解百发布三季度报告，第三季度公司实现营业收入3.95亿元，同比增长 1.48%；归属于上市公司股东的净利润0.38亿元，同比下降11.55%。前三季度公司实现营业收入12.73亿 元，同比下降3.62%；前三季度归属于上市公司股东的净利润1.88亿元，同比下降21.34%。 ...

Financial Performance - The company's operating revenue for the third quarter was CNY 395,448,911.58, representing a year-on-year increase of 1.48%[3] - The total profit for the quarter was CNY 93,786,801.83, a decrease of 11.98% compared to the same period last year[3] - The net profit attributable to shareholders was CNY 38,086,822.32, down 11.55% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 40,183,983.10, an increase of 7.85% compared to the previous year[3] - The basic earnings per share for the quarter was CNY 0.05, a decrease of 16.67% year-on-year[3] - Net profit for the first three quarters of 2025 was CNY 315,699,183.23, a decrease of 20.5% compared to CNY 396,861,708.71 in the same period of 2024[19] - Operating profit for the first three quarters of 2025 was CNY 426,372,879.75, down 17.6% from CNY 518,002,649.42 in the previous year[18] - Total revenue for the first three quarters of 2025 was CNY 6,655,152,230.21, compared to CNY 6,941,251,654.82 in 2024, reflecting a decline of 4.1%[21] - Basic earnings per share for the first three quarters of 2025 were CNY 0.26, down from CNY 0.33 in 2024[19] - Total comprehensive income for the first three quarters of 2025 was CNY 315,699,183.23, compared to CNY 396,861,708.71 in 2024, reflecting a decrease of 20.5%[19] Assets and Liabilities - The total assets at the end of the reporting period were CNY 8,495,309,134.77, a decrease of 2.37% from the end of the previous year[4] - The total assets as of September 30, 2025, amounted to CNY 3,116,900,834.60, compared to CNY 2,959,476,197.18 at the end of 2024, reflecting a growth of 5.3%[25] - Total liabilities were CNY 3,725,815,293.19, a decrease from CNY 3,962,734,996.41 in the previous year[15] - The company's total liabilities decreased to CNY 185,408,130.34 as of September 30, 2025, down from CNY 205,648,616.52 at the end of 2024, a reduction of 9.8%[25] - The equity attributable to shareholders increased by 2.44% to CNY 3,730,195,017.52 compared to the end of the previous year[4] - Shareholders' equity increased to CNY 4,769,493,841.58 from CNY 4,738,664,719.26 at the end of 2024[15] - The company's total equity as of September 30, 2025, was CNY 2,931,492,704.26, an increase of 6.5% from CNY 2,753,827,580.66 at the end of 2024[25] Cash Flow - The cash flow from operating activities for the year-to-date was CNY 527,737,661.09, down 20.52% year-on-year[3] - Cash flow from operating activities for the first three quarters of 2025 was CNY 527,737,661.09, down 20.6% from CNY 664,013,288.95 in 2024[22] - Cash inflow from investment activities was CNY 1,024,679,761.78 in 2025, a decrease from CNY 1,085,300,315.03 in 2024[22] - Cash outflow from investment activities was CNY 1,044,102,531.26, compared to CNY 1,990,538,669.68 in the previous year, indicating a reduction in investment spending[22] - The company's cash flow from financing activities showed a net outflow of CNY 411,789,875.14, compared to an outflow of CNY 408,140,183.45 in the previous period[23] Expenses - Total operating costs increased to CNY 869,482,222.61, up 5.6% from CNY 823,311,977.92 in the previous year[17] - Operating costs included CNY 310,816,648.14 in operating expenses, which rose from CNY 303,036,318.07 year-over-year[17] - The company reported a tax expense of CNY 110,187,549.26 for the first three quarters of 2025, down from CNY 127,462,596.86 in 2024[18] - The company incurred financial expenses of CNY -22,299,323.90, compared to CNY -23,702,976.23 in the previous year, indicating a slight improvement in financial costs[18] - The company's management expenses decreased to CNY 58,296,406.23 in the first three quarters of 2025, down from CNY 67,947,612.15 in the same period of 2024, a reduction of 14.5%[27] Inventory and Prepayments - The company's inventory increased to CNY 1,811,860.14 as of September 30, 2025, from CNY 1,072,075.98 at the end of 2024, representing a growth of 68.8%[24] - The company reported a significant increase in prepayments, which rose to CNY 6,020,094.88 from CNY 3,730,209.70 year-over-year[13] Cash and Cash Equivalents - Cash and cash equivalents stood at CNY 5,184,755,232.63, a slight increase from CNY 5,163,741,840.82[13] - The cash and cash equivalents at the end of September 2025 were CNY 3,573,544,964.13, up from CNY 2,432,196,049.30 at the end of 2024, indicating a significant increase of 47%[24] - The ending balance of cash and cash equivalents stood at $1.25 billion, up from $1.21 billion year-over-year[31] - The net increase in cash and cash equivalents was $178.41 million, compared to $20.70 million year-over-year[31] Sales and Services - Cash received from sales of goods and services was $182.73 million, compared to $163.01 million year-over-year[31] - Cash paid for goods and services was $142.38 million, an increase from $126.16 million year-over-year[31] - Cash received from investment income was $280.84 million, slightly down from $302.51 million year-over-year[31]