Group 1 - Guoguang Chain has reached the daily limit increase, indicating strong market performance [1] - Dalian Friendship, Dongbai Group, and Guofang Group have all increased by over 5%, reflecting positive investor sentiment [1] - Other companies such as Xujiahui, Bubugao, and Shanghai Jiubai also experienced gains, suggesting a broader trend in the retail sector [1]

Core Viewpoint - The announcement provides an overview of Shanghai Jiubai Co., Ltd.'s operational performance for the first half of 2025, highlighting changes in store numbers and key financial metrics. Group 1: Store Operations - The company opened 7 laundry chain stores and closed 8, resulting in a total of 12 operational stores by the end of the reporting period [1]. - There are currently no signed but unopened stores in the company's main subsidiaries as of the end of the reporting period [1]. Group 2: Financial Performance - The main business revenue for the commercial sector reached 16,864,566.79 RMB, reflecting a year-on-year increase of 1.06% [2]. - The cost of sales for the commercial sector was reported at 14,370,176.85 RMB, with a year-on-year increase of 3.80 percentage points [2].

Core Viewpoint - Shanghai Jiubai (600838.SH) reported a slight decline in revenue for the first half of 2025, while net profit showed a modest increase, indicating mixed financial performance [1] Financial Performance - The company achieved a revenue of 45.05 million yuan, representing a year-on-year decrease of 1.09% [1] - The net profit attributable to shareholders was 23.79 million yuan, reflecting a year-on-year increase of 0.24% [1] - The non-recurring net profit was 22.72 million yuan, which is a year-on-year decrease of 3.02% [1] - Basic earnings per share stood at 0.0593 yuan [1]

Core Insights - The company Shanghai Jiubai reported a revenue of 45,053,476.39 yuan for the first half of 2025, representing a year-on-year decrease of 1.09% [1] - The net profit attributable to shareholders of the listed company was 23,789,664.67 yuan, showing a year-on-year increase of 0.24% [1] Financial Performance - Revenue for the first half of 2025: 45,053,476.39 yuan, down 1.09% year-on-year [1] - Net profit for the same period: 23,789,664.67 yuan, up 0.24% year-on-year [1]

Group 1 - Youyou Food achieved a net profit of 108 million yuan in the first half of 2025, a year-on-year increase of 42.47%, with a revenue of 771 million yuan, up 45.59% [1] - Keda achieved a net profit of 255 million yuan, a year-on-year increase of 16.49%, with a revenue of 2.163 billion yuan, up 14.35% [1] - North Navigation turned a profit with a net profit of 116 million yuan, achieving a revenue of 1.703 billion yuan, a year-on-year increase of 481.19% [1][2] Group 2 - China Satellite Communication reported a net profit of 181 million yuan, a year-on-year decrease of 55.59%, with a revenue of 1.221 billion yuan, up 6.33% [3] - Huqin Technology achieved a net profit of 1.889 billion yuan, a year-on-year increase of 46.3%, with a revenue of 83.939 billion yuan, up 113.06% [4] - Huasen Lithium reported a net loss of 72.739 million yuan, with a revenue of 350 million yuan, up 72.02% [4] Group 3 - Putailai achieved a net profit of 1.055 billion yuan, a year-on-year increase of 23.03%, with a revenue of 7.088 billion yuan, up 11.95% [5] - Suochen Technology reported a net loss of 45.698 million yuan, with a revenue of 57.351 million yuan, up 10.82% [5] - Canqin Technology achieved a net profit of 51.912 million yuan, a year-on-year increase of 51.94%, with a revenue of 287 million yuan, up 52.76% [6] Group 4 - Hengtong achieved a net profit of 99.3648 million yuan, a year-on-year increase of 38.86%, with a revenue of 669 million yuan, down 44.66% [6] - Sanan Optoelectronics reported a net profit of 176 million yuan, a year-on-year decrease of 4.24%, with a revenue of 8.987 billion yuan, up 17.03% [7] - New Dairy achieved a net profit of 397 million yuan, a year-on-year increase of 33.76%, with a revenue of 5.526 billion yuan, up 3.01% [8] Group 5 - Yiling Pharmaceutical achieved a net profit of 669 million yuan, a year-on-year increase of 26.03%, with a revenue of 4.040 billion yuan, down 12.26% [10] - Baosteel achieved a net profit of 4.879 billion yuan, a year-on-year increase of 7.36%, with a revenue of 151.372 billion yuan, down 7.28% [12] - Feikai Materials achieved a net profit of 217 million yuan, a year-on-year increase of 80.45%, with a revenue of 1.462 billion yuan, up 3.8% [13] Group 6 - Lier Chemical achieved a net profit of 271 million yuan, a year-on-year increase of 191.21%, with a revenue of 4.507 billion yuan, up 35.36% [15] - Shaanxi Coal achieved a net profit of 7.638 billion yuan, a year-on-year decrease of 31.18%, with a revenue of 779.83 billion yuan, down 14.19% [16] - Dongfang Materials reported a net profit of 654,400 yuan, a year-on-year decrease of 88.48%, with a revenue of 174 million yuan, down 5.06% [18] Group 7 - Blue Sky Bio achieved a net profit of 26.7163 million yuan, a year-on-year decrease of 8.98%, with a revenue of 652 million yuan, up 7.05% [19] - Shanghai Jiubai achieved a net profit of 23.7897 million yuan, a year-on-year increase of 0.24%, with a revenue of 45.0535 million yuan, down 1.09% [20] - Two Sides Needle reported a net loss of 5.0842 million yuan, with a revenue of 522 million yuan, up 1.02% [21] Group 8 - Shanghai Yashi achieved a net profit of 20.3263 million yuan, a year-on-year increase of 42.56%, with a revenue of 2.044 billion yuan, up 56.75% [23] - Bayi Steel reported a net loss of 697 million yuan, with a revenue of 8.733 billion yuan, down 6.73% [25] - Hongrun Construction plans to repurchase shares worth between 150 million and 300 million yuan [27] Group 9 - Kaile achieved a net profit of 10.9193 million yuan, a year-on-year increase of 280.42%, with a revenue of 137 million yuan, down 17.89% [28] - Jingda achieved a net profit of 306 million yuan, a year-on-year increase of 6.03%, with a revenue of 11.856 billion yuan, up 14.28% [29] - Blue Light Marker reported a net profit of 96.4427 million yuan, a year-on-year decrease of 47.33%, with a revenue of 32.36 billion yuan, up 4.87% [30] Group 10 - KOTAI Power achieved a net profit of 23.994 million yuan, a year-on-year increase of 35.52%, with a revenue of 711 million yuan, up 49.51% [33] - Bo Rui Data reported a net loss of 26.1918 million yuan, with a revenue of 70.1997 million yuan, up 5.19% [34] - Jiuzhoutong achieved a net profit of 1.446 billion yuan, a year-on-year increase of 19.7%, with a revenue of 81.106 billion yuan, up 5.10% [37] Group 11 - Aier Eye Hospital achieved a net profit of 2.051 billion yuan, a year-on-year increase of 0.05%, with a revenue of 11.507 billion yuan, up 9.12% [39] - Nandu Property achieved a net profit of 130 million yuan, a year-on-year increase of 532.87%, with a revenue of 914 million yuan, up 2.75% [41] - Weiyuan reported a net loss of 168 million yuan, with a revenue of 4.601 billion yuan, up 1.82% [42] Group 12 - Zhongke Chuangda achieved a net profit of 158 million yuan, a year-on-year increase of 51.84%, with a revenue of 3.299 billion yuan, up 37.44% [43] - Zhongjuxin reported a net profit of 8.1377 million yuan, a year-on-year decrease of 64.57%, with a revenue of 567 million yuan, up 20.40% [44] - Inspur Information achieved a net profit of 799 million yuan, a year-on-year increase of 34.87%, with a revenue of 80.192 billion yuan, up 90.05% [45] Group 13 - Shenghong Technology achieved a net profit of 2.143 billion yuan, a year-on-year increase of 366.89%, with a revenue of 9.031 billion yuan, up 86.00% [46] - Cambrian achieved a net profit of 1.038 billion yuan, turning a profit, with a revenue of 2.881 billion yuan, up 4347.82% [48] - Longteng Optoelectronics reported a net loss of 121 million yuan, with a revenue of 1.289 billion yuan, down 27.91% [49]

Core Insights - Shanghai Jiubai (600838.SH) reported a revenue of 45.05 million, a year-on-year decrease of 1.09% [1] - The net profit attributable to shareholders was 23.79 million, reflecting a year-on-year increase of 0.24% [1] - The net profit excluding non-recurring gains and losses was 22.72 million, showing a year-on-year decline of 3.02% [1]

Core Insights - Shanghai Jiubai (600838) reported its semi-annual results on August 27, 2023, indicating a slight decline in revenue but a modest increase in net profit [1] Financial Performance - The company achieved an operating revenue of 45.0535 million yuan for the first half of 2023, representing a year-on-year decrease of 1.09% [1] - The net profit attributable to shareholders was 23.7897 million yuan, showing a year-on-year growth of 0.24% [1] - Basic earnings per share were reported at 0.0593 yuan [1]

Financial Performance - The company's operating revenue for the first half of 2025 was CNY 45,053,476.39, a decrease of 1.09% compared to CNY 45,548,798.21 in the same period last year[17]. - Total profit for the first half of 2025 was CNY 23,791,276.30, reflecting a slight increase of 0.25% from CNY 23,731,800.04 year-on-year[17]. - Net profit attributable to shareholders for the first half of 2025 was CNY 23,789,664.67, up by 0.24% compared to CNY 23,731,800.04 in the previous year[17]. - Basic earnings per share for the first half of 2025 were CNY 0.0593, a slight increase of 0.17% from CNY 0.0592 in the same period last year[18]. - The company reported an operating profit of CNY 24,216,913.38 for the first half of 2025, up from CNY 23,903,497.53 in the previous year[80]. - The company achieved investment income of CNY 35,970,321.79, compared to CNY 37,032,040.38 in the previous year, indicating a focus on optimizing investment strategies[80]. - The company reported a significant increase in accounts payable, which decreased to CNY 930,505.28 from CNY 2,179,743.35, indicating a reduction of approximately 57.3%[73]. Cash Flow and Assets - The net cash flow from operating activities for the first half of 2025 was negative at CNY -2,993,727.74, compared to CNY -2,382,591.19 in the same period last year[17]. - The company's total assets at the end of the reporting period were CNY 1,653,930,878.67, down by 0.73% from CNY 1,666,106,408.11 at the end of the previous year[17]. - Cash and cash equivalents were CNY 429,420,162.41, a slight decrease from CNY 434,234,082.50, reflecting a decline of about 1.8%[72]. - The cash inflow from sales of goods and services was CNY 48,416,899.19, a decrease of 1.43% compared to CNY 49,120,526.64 in the first half of 2024[84]. - The cash inflow from investment activities was CNY 3,245,892.50, down from CNY 4,868,838.75 in the first half of 2024, resulting in a net cash flow from investment activities of CNY 2,629,395.75[85]. - The ending cash and cash equivalents balance was CNY 429,420,162.41, slightly down from CNY 373,563,659.09 in the previous year[85]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 39,090[63]. - The largest shareholder, Shanghai Jiubai (Group) Co., Ltd., held 102,884,316 shares, representing 25.66% of the total shares[65]. - The second-largest shareholder, Shanghai Jing'an District Land Development Holding (Group) Co., Ltd., held 19,678,278 shares, accounting for 4.91%[65]. - The company reported a profit distribution of CNY 12,828,223.39 in the first half of 2025, which includes allocations to shareholders[90]. Operational Developments - The company has optimized its operational processes and improved management systems, resulting in enhanced production capacity and service efficiency in its laundry services[28]. - The company launched promotional activities such as the "Threefold Wash" during the third "Zhengzhang Laundry Festival," aiming to increase brand recognition and sales[29]. - The company conducted 31 safety inspections during the reporting period, achieving a 100% rectification rate to ensure high-quality sustainable development[30]. - The company’s subsidiary, Zhengzhang Laundry, is focusing on expanding its production scale and enhancing service efficiency through upgraded smart laundry facilities[28]. - The company is actively participating in social responsibility initiatives, including environmental protection activities like old clothing recycling[29]. Market and Economic Conditions - The commercial real estate sector is showing signs of recovery, with stable rental prices in core business districts due to improved consumer demand[26]. - Traditional retail is experiencing significant pressure due to changing consumer habits, with a notable decline in foot traffic and ongoing operational challenges in production, market demand, and logistics[45]. - The company faces risks related to market competition and talent shortages in various sectors, impacting its operational performance[44]. Financial Risks and Challenges - The company faces risks of shrinking profit margins and increasing costs, particularly in its wholly-owned subsidiary "Zhengzhang Company," where both revenue and gross margin levels are at risk of decline[45]. - The company’s main profit source is from its equity investment in Shanghai Jiuguang Department Store Co., which is affected by macroeconomic fluctuations and competitive pressures[44]. - The company is actively seeking investment opportunities to foster new economic growth points, but market changes and regulatory policies may delay the cultivation and output of these new growth points[45]. Accounting and Financial Reporting - The company adheres to the relevant accounting standards, ensuring that its financial statements reflect a true and complete picture of its financial status[99][100]. - The company uses RMB as its accounting currency[103]. - The company recognizes government grants upon actual receipt or when there is clear evidence of eligibility for financial support[181]. - The company recognizes deferred tax assets only to the extent that it is probable that future taxable income will be available to utilize the deductible temporary differences[185]. - The company assesses non-financial assets for impairment at each reporting date, with goodwill tested for impairment at least annually[195].

证券代码：600838 证券简称：上海九百 编号：临 2025-018 二、报告期拟增加门店情况： （一）主营业务分行业情况 截至本报告期末，公司所属主要子公司暂无已签约但尚未开业的门店。 三、2025 年上半年度主要经营数据： 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。 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：第四号——零售》、《关于做好主板上市公司 2025 年半年度报告披 露工作的通知》的相关要求，现将公司 2025 年上半年度主要经营数据 披露如下： 一、报告期公司所属主要子公司门店变动情况： 2025 年上半年度，公司全资子公司"上海正章洗染有限公司"新 开了 7 家洗衣连锁门店，关闭了 8 家洗衣连锁门店。截至本报告期末， 现有洗衣连锁门店 12 家。 单位：元 币种：人民币 上海九百股份有限公司 2025 年半年度经营数据公告 附注：本公告披露的主要经营数据未经审计，公司董事会提醒投 资者谨慎使用该数据。 特此公告。 上海九百股份有限公司董事会 2025 年 8 月 28 日 | ...

上海九百公告，2025年上半年营业收入4505.35万元，同比下降1.09%。净利润2378.97万元，同比增长 0.24%。 ...