（文章来源：证券日报） 证券日报网讯 12月8日，百联股份在互动平台回答投资者提问时表示，公司按照上交所的相关规定在定 期报告中对股东相关情况进行披露。 ...

Core Insights - The company, Bailian Group (600827), is focusing on developing its advantageous business model and plans to incubate a new brand, ZX-LAB, in the second phase of the Bailian Southern Shopping Center by 2025 [1] - The company aims to refine its store expansion decision-making process and develop two replicable product models: core dimension type and embedded dimension type, which will be continuously iterated [1] - The strategic brand partnership plan is designed to provide brand merchants with six core supports, including value from core business circles and integrated marketing resources across all channels, aiming to break through growth bottlenecks through innovative collaboration [1]

证券日报网讯 12月8日，百联股份（600827）在互动平台回答投资者提问时表示，百联股份是一家以商 业服务为主的大型综合性上市公司，涵盖百货及购物中心、奥特莱斯等零售业态；秉承"持续创造你身 边的美好生活"，立足上海，辐射全国，拥有第一百货商业中心、百联奥特莱斯广场、百联TX淮海、百 联ZX创趣场等四十多家知名成员企业。公司通过夯实联合生意计划提升存量供应链并结合增量供应链 扩展探索增长空间。 ...

证券日报网讯 12月8日，百联股份（600827）在互动平台回答投资者提问时表示，公司高度重视市值管 理相关工作，始终坚持合法、合规运营。二级市场股价走势受资本市场情绪以及宏观经济环境等综合因 素的影响。未来将坚持聚焦主业，努力提升经营业绩水平，以期为投资者创造更大价值。 ...

证券日报网讯12月8日，百联股份（600827）在互动平台回答投资者提问时表示，公司未来业绩情况请 以后续信息披露为准。2025年下半年，公司将持续提升企业数智化能力，推动数字化与新消费场景的融 合，赋能传统零售转型升级。 ...

证券日报网讯12月8日，百联股份（600827）在互动平台回答投资者提问时表示，2025年公司完成长沙 乐和城项目收并购并与百联集团按股权比例增资，增资完成后，标的公司将加快推进项目整体改建升 级，项目公司更名为TXCHANGSHA，定位"年轻力中心"；2025年下半年，公司将加速优势业态拓展， 推进青浦百联奥莱二期、杭州百联奥莱三期、成都百联奥莱的建设，并将通过存量供应链提升与增量供 应链扩展，探索增长空间。 ...

证券日报网讯12月8日，百联股份（600827）在互动平台回答投资者提问时表示，公司积极与投资者保 持良好沟通并严格依照相关规定履行信息披露义务，发生投资者关系活动均及时披露投资者关系活动记 录表。 ...

证券日报网讯12月8日，百联股份（600827）在互动平台回答投资者提问时表示，2025年上半年，公司 紧抓国家及上海消费品补贴政策，同时积极推进商旅文体展融合。下半年也将通过营运精细化管理，紧 抓重要营促销节点，深挖热点垂类供应链。 ...

Core Viewpoint - Bailing Co., Ltd. has experienced a stock price decline of 15.80% year-to-date, with a recent increase of 2.05% on November 28, 2023, indicating potential market volatility and investor interest [1]. Financial Performance - For the period from January to September 2025, Bailing Co., Ltd. reported a revenue of 19.054 billion yuan, a year-on-year decrease of 11.86%, and a net profit attributable to shareholders of 295 million yuan, down 81.78% year-on-year [2]. - Cumulative cash dividends since the A-share listing amount to 4.933 billion yuan, with 901 million yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders for Bailing Co., Ltd. was 78,000, a decrease of 6.17% from the previous period [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 10.3933 million shares, a decrease of 10.4994 million shares from the previous period [3]. Stock Market Activity - On November 28, 2023, Bailing Co., Ltd.'s stock price was 8.98 yuan per share, with a trading volume of 64.1312 million yuan and a turnover rate of 0.45%, resulting in a total market capitalization of 16.022 billion yuan [1]. - The stock has seen a net inflow of 7.4938 million yuan from major funds, with significant buying activity from large orders [1].

Core Viewpoint - The duty-free shop concept has seen a rise of 1.72%, ranking third among concept sectors, with significant gains from stocks like Dongbai Group and Guangbai Co., which hit the daily limit [1][2]. Market Performance - The duty-free shop sector had 20 stocks rising, with notable increases from Dongbai Group (7.26%), Bubugao (4.27%), and Zhuhai Duty-Free Group (3.39%) [1]. - Conversely, stocks like China Merchants Shekou, Caesar Travel, and Tibet Zhufeng experienced declines of 1.77%, 1.73%, and 1.31% respectively [1]. Capital Flow - The duty-free shop sector attracted a net inflow of 630 million yuan, with 15 stocks receiving net inflows, and 6 stocks exceeding 50 million yuan in net inflow [2]. - The leading stock in net inflow was Juran Zhijia, with a net inflow of 217 million yuan, followed by China Duty-Free Group (174 million yuan) and Dongbai Group (118 million yuan) [2]. Stock Performance Metrics - Juran Zhijia led with a 9.89% increase and a net inflow ratio of 37.14%, while Guangbai Co. rose by 9.95% with a net inflow ratio of 25.00% [3]. - Other notable performers included Dongbai Group (10.01% increase, 9.24% net inflow ratio) and Zhongbai Group (7.26% increase, 7.27% net inflow ratio) [3][4].