证券日报网讯 12月24日，茂业商业在互动平台回答投资者提问时表示，截至2025年三季度，公司所有 者权益为75.58亿元。公司自有物业面积约为83万平方米。 （文章来源：证券日报） ...

从资金流向上来看，当日一般零售板块主力资金净流出22.31亿元，游资资金净流入2.52亿元，散户资金 净流入19.79亿元。一般零售板块个股资金流向见下表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 证券之星消息，12月23日一般零售板块较上一交易日下跌1.73%，茂业商业领跌。当日上证指数报收于 3919.98，上涨0.07%。深证成指报收于13368.99，上涨0.27%。一般零售板块个股涨跌见下表： ...

消息面上，消费股年末补涨。据券商中国12月22日报道，在科技股集体到达短期高位后，此前缺席的消 费板块也迎来补涨行情。在一系列旨在扩大内需、提振消费的政策举措陆续出台后，过去的一周里，消 费、零售股迎来了久违的反弹，如百大集团（600865）单周涨幅高达51.59%，欢乐家（300997）涨超 40%，还有庄园牧场（002910）、上海九百（600838）等涨逾30%。其中，百大集团股价创10年来新 高；利群股份（601366）4日3涨停，上海九百连续2日涨停，中央商场（600280）、永辉超市 （601933）、茂业商业（600828）等最近几个交易日里也多次涨停。 12月22日，市场高开高走。中证食品饮料指数截至收盘微跌0.03%，成分股中，京粮控股（000505）、 红棉股份（000523）涨停。 相关ETF中，食品饮料ETF天弘（159736）走势震荡，截至收盘，成交额近2500万元。 此外，中证农业指数截至收盘涨0.69%。成分股中，罗牛山（000735）、海南橡胶（601118）涨停。 相关ETF中，农业ETF天弘（512620）截至收盘成交额超3200万元。资金流向上看，数据显示，截至12 月1 ...

（文章来源：证券日报） 证券日报网讯 12月22日晚间，茂业商业发布公告称，公司2025年12月22日召开2025年第二次临时股东 大会，审议《关于修订及取消监事会的议案》等多项议案。 ...

证券代码：600828 证券简称：茂业商业 公告编号：临 2025-061 号 茂业商业股份有限公司 2025年第二次临时股东大会决议公告 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法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 400 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 1,402,994,428 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股份总 | 81.0051 | | 数的比例（%） | | (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 会议采取现场投票与网络投票相结合的方式进行表决，由董事长高宏彪先生 主持本次股东会。公司全体董事、监事及公司聘请的见证律师出席了会议，会议 召开及表决方式符合《公司法》和《公司章程》的规定。 (一) 股东大会召开的时间：2025 年 12 月 22 日 (二) 股东大会召开的地点：成都市东御街 19 号本公司会议室 (三) ...

法律意见书 北京炜衡（成都）律师事务所 关于茂业商业股份有限公司 2025 年第二次临时股东大会 法律意见书 Beijing W&H Law Firm, Chengdu Office 成都市武侯区天府大道北段 1777 号 NIC 国创中心 38 层 邮编：610095 38F , New Innovation Center,No.1777 North Section of Tianfu Avenue,Wuhou District,Chengdu 610095,China www.weihenglaw.com 法律意见书 北京炜衡（成都）律师事务所 关于茂业商业股份有限公司 2025 年第二次临时股东大会法律意见书 炜衡成都（律意）字［2025］ 5938 号 致：茂业商业股份有限公司 北京炜衡（成都）律师事务所（以下简称"本所"）接受茂业商业股份有限公 司（以下简称"公司"）的委托，指派律师出席公司 2025 年第二次临时股东大会（以 下简称"本次股东会"），并依据《中华人民共和国公司法》（以下简称"《公司 法》"）、《上市公司股东会规则》（以下简称"《股东会规则》"）《律师事务 所从事证券法律业务管理办法 ...

在经历了数年的调整后，以白酒、乳业为代表的消费股被多名基金经理视作震荡市中的"防御选择"，而新消费 则面临高景气度与高估值并存的现象，需要寻找有护城河的投资标的。此外，出海也是基金经理关注的要点， 尤其是业务聚焦欧美市场或将成股价的驱动因素。 消费板块年末"冲刺" 在一系列旨在扩大内需、提振消费的政策举措陆续出台后，过去的一周里，消费、零售股迎来了久违的反弹， 如百大集团单周涨幅高达51.59%，欢乐家涨超40%，还有庄园牧场、上海九百等涨逾30%。 "慢牛"的风，终于吹到了消费股。 在科技股集体到达短期高位后，此前缺席的消费板块也迎来补涨行情。但值得一提的是，本轮异动的多只个股 中，罕有公募基金的重仓身影，而被公募集中持有的白酒股依旧难有起色。 其中，百大集团股价创10年来新高；利群股份4日3涨停，上海九百连续2日涨停，中央商场、永辉超市、茂业 商业等最近几个交易日里也多次涨停。 基金方面，上周多只消费主题ETF获得了资金的净申购。嘉实中证主要消费ETF单周份额增幅高达2.68亿份， 汇添富中证主要消费ETF和富国中证消费50ETF份额增超1亿份，此外平安基金、招商基金和易方达基金旗下 多只产品份额增超千万 ...

Core Viewpoint - The retail sector in the A-share market has shown signs of recovery after a prolonged period of decline, driven by recent favorable policies and a shift in consumer behavior towards increased domestic demand [6][9][30]. Group 1: Market Performance - The leading retail company, Yonghui Supermarket, has seen its stock price drop nearly 70% since April 2020, prior to the recent market rally [1]. - Other retail companies, such as Dongbai Group, have also experienced stagnant performance, with many retail stocks recently showing significant gains, including multiple trading halts due to price increases [3][9]. Group 2: Policy Support - Recent government policies emphasize the importance of domestic demand and consumer spending, with the central economic work conference prioritizing the construction of a strong domestic market [7]. - The National Development and Reform Commission has reiterated its commitment to expanding domestic demand and enhancing consumer capacity, indicating a clear intention to boost consumption [7][8]. Group 3: Economic Indicators - In the first nine months of 2025, the value added by wholesale and retail industries grew by 5.6%, maintaining a stable GDP contribution of 10.3% [11]. - Retail sales increased by 4.6%, with physical retail formats like convenience stores and supermarkets showing growth [12][13]. Group 4: Industry Challenges - The retail industry has faced unprecedented challenges, particularly from e-commerce, which has permanently shifted consumer behavior towards online shopping [18]. - Traditional retailers are experiencing rising operational costs, which are squeezing profit margins, leading to significant performance disparities among companies [18][20]. Group 5: Transformation and New Trends - The retail sector is undergoing a transformation from a focus on scale expansion to high-quality development, emphasizing customer experience over mere product sales [20][28]. - New retail formats are emerging, with companies like Hema and discount stores expanding rapidly, indicating a shift in competitive dynamics within the industry [25][27]. Group 6: Future Outlook - Despite recent positive signals, the retail sector's fundamental challenges remain, with ongoing adjustments and potential for further differentiation among companies based on their ability to adapt [30].

Core Viewpoint - The retail sector in A-shares has been underperforming for several years, but recent policy support and market enthusiasm may signal a potential turnaround for the industry [2][6][8]. Group 1: Market Conditions and Policy Support - The retail sector has seen a collective uptick recently, driven by a series of favorable policies aimed at boosting domestic consumption [6][8]. - The Central Economic Work Conference prioritized "domestic demand" as a key task, emphasizing the need to enhance consumer willingness and capacity [9][10]. - The Ministry of Commerce has redefined the retail sector's role as a crucial component in building a complete domestic demand system [11][12]. - Upcoming policies are expected to stimulate consumption, particularly in service-oriented sectors [10][13]. Group 2: Economic Indicators - From January to September 2025, the value added by wholesale and retail industries grew by 5.6%, maintaining a stable GDP contribution of 10.3% [15]. - Retail sales increased by 4.6%, with physical retail formats like convenience stores and supermarkets showing growth [16][17]. - The approaching Spring Festival is anticipated to further boost offline retail activities, contributing to a positive market sentiment [18]. Group 3: Market Behavior and Valuation - Consumer stocks have shown signs of recovery, with valuations at historically low levels; for instance, the food and beverage sector's latest P/E ratio is 20.36, at a percentile of 7.05% [19][20]. - The prolonged period of low valuations has created a technical rebound demand in the retail sector [21][22]. Group 4: Industry Challenges and Transformations - The retail industry has faced unprecedented challenges, particularly from e-commerce, which has permanently shifted consumer behavior towards online shopping [24][25][28]. - Traditional retailers are experiencing rising operational costs, which are squeezing profit margins [29]. - Performance disparities among retail companies are evident, with some struggling to adapt while others, like Bubu Gao, have seen significant revenue growth due to successful transformations [32][36]. Group 5: New Business Models and Innovations - The retail landscape is evolving, with a shift from mere product sales to enhancing customer experiences [38][39]. - Companies are increasingly focusing on operational efficiency and cost control, with strategies like closing underperforming stores and optimizing organizational structures [42][43]. - New retail formats, such as discount stores and instant retail, are emerging, intensifying competition within the sector [45][46]. Group 6: Future Outlook - The retail sector is at a crossroads, with the potential for recovery tempered by ongoing challenges from e-commerce and changing consumer behaviors [58][62]. - While leading companies may benefit from valuation rebounds, those unable to adapt may face continued difficulties [63].

证券之星消息，12月17日一般零售板块较上一交易日下跌0.18%，茂业商业领跌。当日上证指数报收于 3870.28，上涨1.19%。深证成指报收于13224.51，上涨2.4%。一般零售板块个股涨跌见下表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 从资金流向上来看，当日一般零售板块主力资金净流出22.44亿元，游资资金净流入5.54亿元，散户资金 净流入16.91亿元。一般零售板块个股资金流向见下表： ...