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 (一)股东会召开的时间：2026年2月6日 (二)股东会召开的地点：福建省福州市鼓楼区湖头街120号（永辉集团）6楼会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： ■ (四)表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 本次会议由公司董事会召集，公司董事长张轩松先生主持，会议采用现场投票与网络投票相结合的表决 方式，会议的召集、召开及表决方式符合《公司法》及《公司章程》的规定。 (五)公司董事和董事会秘书的列席情况 1、公司在任董事9人，列席9人； 2、董事会秘书黄晓枫现场出席会议；高级管理人员列席本次会议。 二、议案审议情况 (一)非累积投票议案 1、议案名称：关于公司2025年度关联交易执行情况及2026年关联交易计划的议案 审议结果：通过 表决情况： ■ (二)涉及重大事项，5%以下股东的表决情况 ■ (三)关于议案表决的有关情况说明 （1）议案1关于公 ...

证券代码：601933 证券简称：永辉超市 公告编号：2026-009 永辉超市股份有限公司 2026年第一次临时股东会决议公告 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。 (一)股东会召开的时间：2026年2月6日 (二)股东会召开的地点：福建省福州市鼓楼区湖头街120号（永辉集团）6楼会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： ■ (四)表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 本次会议由公司董事会召集，公司董事长张轩松先生主持，会议采用现场投票与网络投票相结合的表决 方式，会议的召集、召开及表决方式符合《公司法》及《公司章程》的规定。 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 (二)涉及重大事项，5%以下股东的表决情况 (五)公司董事和董事会秘书的列席情况 1、公司在任董事9人，列席9人； 2、董事会秘书黄晓枫现场出席会议；高级管理人员列席本次会议。 二、议案审议情况 (一)非累积投票议案 1、议案名称：关于公司2025年度关联交 ...

证券代码：601933 证券简称：永辉超市 公告编号：2026-009 永辉超市股份有限公司 2026年第一次临时股东会决议公告 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 (一)股东会召开的时间：2026 年 2 月 6 日 (二)股东会召开的地点：福建省福州市鼓楼区湖头街 120 号（永辉集团）6 楼会 议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 5,975 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 138,036,944 | | 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 | | | 份总数的比例（%） | 1.5466 | (四)表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 本次会议由公司董事会召集，公司董事长张轩松先生主持，会议采用现场投 票与网络投票相结合的表决方式，会议的召集、召开及表决方式符合 ...

上海市通力律师事务所 关于永辉超市股份有限公司 2026 年第一次临时股东会的法律意见书 致: 永辉超市股份有限公司 上海市通力律师事务所(以下简称"本所")接受永辉超市股份有限公司(以下简称"公 司")的委托, 指派本所严雪瑾律师、周奇律师(以下简称"本所律师")根据《中华人民共和 国公司法》《中华人民共和国证券法》《上市公司股东会规则》等法律法规和规范性文件(以 下统称"法律法规")及《永辉超市股份有限公司章程》(以下简称"公司章程")的规定就公 司 2026 年第一次临时股东会(以下简称"本次股东会")相关事宜出具法律意见。 本所律师已经对公司提供的与本次股东会有关的法律文件及其他文件、资料予以了核 查、验证。在进行核查验证过程中, 公司已向本所保证, 公司提供予本所之文件中的所有签 署、盖章及印章都是真实的, 所有作为正本提交给本所的文件都是真实、准确、完整和有效 的, 且文件材料为副本或复印件的, 其与原件一致和相符。 在本法律意见书中, 本所仅对本次股东会召集和召开的程序、出席本次股东会人员资格 和召集人资格及表决程序、表决结果是否符合法律法规和公司章程的规定发表意见, 并不对 本次股东会所审议的 ...

Core Viewpoint - Yonghui Supermarket has reported a projected net loss of 2.14 billion yuan for 2025, marking a 45.6% year-on-year increase, and has faced losses for five consecutive years, raising concerns about its future amidst significant operational strategy adjustments [2][7]. Group 1: Company Background and Growth - Yonghui Supermarket was founded in 1995 by Zhang Xuansong and Zhang Xuanning, starting with a micro-profit model and officially launching the Yonghui brand in 1998 [3]. - The company gained momentum in 2000 by capitalizing on the "Agricultural Reform Supermarket" policy, leading to rapid growth and recognition as a pioneer in the sector [3]. - By 2010, Yonghui became the first fresh food stock listed on the Shanghai Stock Exchange, and by 2020, it achieved a record revenue of 93.2 billion yuan, marking its entry into the "thousand-store era" [6]. Group 2: Recent Challenges and Strategic Shifts - Despite its past successes, Yonghui has entered a prolonged period of losses, with figures of 3.944 billion yuan in 2021, 2.763 billion yuan in 2022, and projected losses of 2.14 billion yuan for 2025 [6][7]. - The company initiated a comprehensive transformation called "Fat Reform" in 2024, aiming to revamp its business model by learning from competitors, but this has led to significant financial strain, including a direct loss of 1.2 billion yuan from store adjustments [6][10]. - As of 2025, Yonghui has deeply adjusted 315 stores and closed 381, indicating a significant restructuring effort [9]. Group 3: Market Dynamics and Competitive Landscape - The retail landscape has shifted dramatically, with the rise of e-commerce and community group buying, which has eroded Yonghui's traditional advantages in fresh food retail [10][11]. - The company is caught in a "middle ground," unable to compete on price like discount stores or offer unique experiences like premium retailers, leading to a decline in customer traffic [12]. - The competitive environment has seen traditional players like Walmart and Hema rise, while Yonghui has slipped in market rankings, highlighting the challenges faced by conventional supermarket models [18]. Group 4: Future Directions and Strategic Imperatives - Yonghui's transformation should focus on establishing itself as an indispensable shopping destination rather than merely imitating successful models [17][20]. - The company must identify unique value propositions that resonate with consumers, such as emotional connections, localized offerings, or enhanced shopping experiences, to regain market relevance [20]. - The path forward requires a deep understanding of consumer behavior and market changes, as traditional retail continues to evolve [20].

在亏损21.4亿元的天价"胖改"学费曝光后，关于永辉超市"输麻了"的舆论甚嚣尘上。 然而"胖改"带来巨额亏损的消息一经传出，外界不由开始重新审视这家曾经风光无限的零售巨头：有人质疑，永辉在模仿"胖东来模式"的过程中，只学到 了皮毛而未能领悟其精髓；也有人猜测，庞大的组织架构、复杂的业务流程以及根深蒂固的企业文化，成为其转型路上的重重障碍…… 总之，这次"胖改"的失败对于永辉来说堪称是一次沉重的打击，更为其之后生存和发展敲响了警钟。 一场中途折戟的背水一战 从某种意义上讲，"胖改"计划对永辉而言，不亚于是背水一战。 永辉的衰落早在2018年就已经初见端倪，彼时其净利润下滑、扣非净利润腰斩、费用率高企、现金流恶化、新业务巨额亏损，这些关键性指标所释放出的 经营隐忧，几乎都预示着后续业绩承压的巨大风险。 关键是，2018年刚好是线上生鲜团购（尤其是社区团购）的首轮爆发期，这一轮"百团大战"以社区拼团模式为核心，呈现出 "资本涌入、玩家激增、低价 竞争" 的典型特征，对永辉的线下客流与价格体系形成了直接冲击。 要知道在最开始传出永辉要推行"胖改"计划的时候，市场曾对其寄予厚望，不少人认为这是永辉在激烈竞争的零售市场中 ...

针对团圆聚餐的火锅场景，永辉提供了从潮汕鲜切牛肉、进口肥牛/羔羊卷到鲜切羊肉系列的丰富肉品 选择，并推出多款组合拼盘。来自洪湖、荔浦、罗田等核心产区的粉藕、芋头、板栗等地标好物，让家 宴菜肴更富层次。 北京商报讯（记者 赵述评）农历新年临近，近日，永辉超市启动"新永辉 新年味"2026年货节。 在水果板块，智利车厘子、红颜草莓与国产蓝莓构成核心阵容。永辉对智利车厘子进行波段化供给策 略，从首波海运高质价比商品，到春节前夕聚焦4J/5J等大果，匹配不同阶段的消费需求。草莓品类则 精细化运营红颜、章姬、香野等多个品种，规划不同产期与规格组合。 为增强门店的聚客能力与体验价值，永辉在熟食与即食板块重点呈现现制现售的"烟火气"与互动氛围。 为满足顾客将"餐厅级"宴席美味便捷带回家的需求，永辉同步推出了多款家宴硬菜，包括鲍鱼红烧肉、 鲍鱼发财手与鲍鱼鸡煲。 为营造家庭节日氛围，永辉超市在坚果礼赠与年节装饰方面也进行了规划。通过推出多款定制化坚果礼 盒与量贩包装，满足家庭分享与社交礼赠需求；在"永辉喜市"专区汇集了涵盖春联、灯笼、创意摆件等 全品类年饰，并引入热门IP与设计新品。 ...

Core Viewpoint - Yonghui Supermarket has launched nearly 30 types of spring vegetables, leveraging its nationwide supply chain to ensure rapid distribution and stable market supply [1] Group 1: Product Offering - The new spring vegetables include regional specialties such as Yunnan's Chinese toon, Sichuan's ear sprouts, and Fujian's bamboo shoots [1] - Traditional spring vegetables like shepherd's purse, grass heads, and dandelions are also being distributed nationwide through Yonghui's channels [1] - Edible flowers such as jasmine, pear blossoms, and golden rain flowers are expected to be available by mid-March [1] Group 2: Supply Chain and Operations - Yonghui's supply chain network allows for quick dispatch of regional spring vegetables to markets across the country [1] - The company anticipates a national procurement volume exceeding 2,000 tons to ensure stable supply during the spring season [1] Group 3: Quality Assurance - Yonghui implements pesticide residue testing and cold chain traceability for all batches of spring vegetables to ensure compliance [1] - Strict cold storage and daily freshness protocols are enforced at the store level to maintain vegetable quality [1]

Wo rl dpa ne l消费者指数（在中国隶属于CTR）最新发布的数据表明，2025年中国城镇快速 消费品市场销售额同比增长 1.5% ，整体保持平稳的发展态势。 前十零售商中， 沃尔玛集团 超越高鑫零售集团，旗下的山姆会员店，销售额保持着高速 增长，推动沃尔玛在现代渠道中的销售额占比较去年同期增加1个百分点。 盒马 则凭借积 极有序的开店策略，实现了市场份额的提升。 永辉超市 受到经营战略调整影响，销售额占比下降0 .9个百分点。整体来看，前十零售商 集中度持续收缩，在现代渠道的市场份额下降了0.7个百分点。 | | | 圳代渠道王要零售商巾功价额 - 中国城镇 | | | | --- | --- | --- | --- | --- | | | 2024年 第四季度 | 2025年 第四季度 | 截至2024年12月27日的 52周 | 截至2025年12月2 52周 | | 沃尔玛集团 | 5.2 | 6.3 | 4.9 | 5.9 | | 高鑫零售集团 | 6.0 | 5.9 | 6.2 | 5.9 | | 永辉超市公司 | 4.0 | 2.9 | 4.3 | 3.5 | | 华润万家集团 | 3. ...

Summary of the Conference Call on Yonghui Supermarket Company and Industry Overview - **Company**: Yonghui Supermarket - **Industry**: Retail Supermarket Sector Key Points and Arguments 1. **Understanding Brand and Channel Dynamics**: The report emphasizes the evolving relationship between brands and channels, suggesting a shift towards a focus on channel capabilities as economic conditions become more rational and consumers prioritize cost-effectiveness [1][2][3] 2. **Historical Context**: Yonghui Supermarket has previously excelled in the market from 2012 to 2019 due to its differentiated fresh produce capabilities and effective management across multiple provinces, leading to significant market share growth [3][4] 3. **Current Market Challenges**: The retail sector has faced challenges over the past five years, including the impact of the pandemic and increased e-commerce penetration, resulting in revenue declines and store closures across the industry [6][7][8] 4. **Future Growth Potential**: Despite current challenges, the report expresses optimism about Yonghui's growth potential over the next 3-5 years, particularly as the company has undergone significant strategic adjustments, including store closures and operational modifications [6][7][19] 5. **Management and Structural Changes**: The company has restructured its management team, bringing in younger leaders and external talent to support its transition towards a quality retail model [16][19] 6. **Focus on Quality Retail**: Yonghui is shifting its strategy towards quality retail, emphasizing product differentiation and enhancing its private label offerings to meet evolving consumer demands [17][18][19] 7. **Financial Performance**: The report notes that while Yonghui's revenue growth has stabilized, profit volatility has been significant due to high operational costs and aggressive expansion strategies in previous years [10][12] 8. **Consumer Demand Trends**: The analysis indicates that consumer demand for quality products remains strong, and the company is well-positioned to capitalize on this trend as it refines its product offerings [19][20] Additional Important Insights 1. **Regional Strengths**: Yonghui has established a strong presence in regions like Chongqing and Fujian, which have contributed significantly to its revenue [9][10] 2. **Adaptation to Market Trends**: The company has shown a proactive approach in adapting to retail trends, although some initiatives have not yielded expected results [10][11] 3. **Logistics and Supply Chain**: Yonghui has developed a robust logistics network that supports its operational needs, which is crucial for its future growth and efficiency [13][14] 4. **Consumer Behavior Shifts**: The report highlights a shift in consumer behavior towards more discerning purchasing decisions, which aligns with Yonghui's strategic focus on quality and differentiation [18][19] This summary encapsulates the key insights from the conference call regarding Yonghui Supermarket's current position, strategic direction, and the broader retail landscape.