Group 1: Market Supervision - During the National Day holiday, market supervision departments implemented coordinated inspections across urban areas to ensure market order and food safety, emphasizing a strong sense of responsibility for public safety [1] - In the Jiajiayue central store, enforcement personnel checked mooncake gift boxes for production dates and shelf life, ensuring compliance with labeling standards and monitoring consumer complaint handling [2][5] - The Jiajiayue Group is committed to enhancing consumer shopping experiences and has established a "7-day return and exchange" policy along with a dedicated customer service channel for prompt responses to consumer issues [5] Group 2: Food Safety in Catering - Enforcement personnel conducted inspections in restaurants, focusing on hygiene, raw material sourcing, and compliance with regulations, particularly in areas with high tourist traffic [6][9] - The market supervision department has guided large and medium-sized restaurants to implement a "4D kitchen" standard, ensuring organized and responsible kitchen management, with over 450 restaurants inspected this year [8] - Inspections at the Zhihai Port Bay included checks on popular holiday food items like mooncakes and dried fruits, ensuring compliance with sourcing and labeling regulations [9] Group 3: Future Actions - The market supervision department plans to further enforce safety responsibilities among relevant entities and intensify efforts to maintain order in the tourism market, ensuring continuous oversight during holidays [11]

Core Points - The company announced a profit distribution plan for the first half of 2025, which was approved at the first extraordinary shareholders' meeting on September 12, 2025, proposing a cash dividend of RMB 1.60 per 10 shares (including tax) to shareholders registered on the equity distribution date [2][3] - The company will stop the conversion of its convertible bonds during the period from October 13, 2025, to the equity registration date, with the conversion resuming on the first trading day after the equity distribution [3] Summary by Sections Equity Distribution Plan - The company plans to distribute cash dividends based on the total share capital minus repurchased shares, with a specific amount of RMB 1.60 per 10 shares [2] - The number of shares held in the company's repurchase account is 19,455,017 shares, which will not participate in the equity distribution [2] Convertible Bonds Adjustment - Following the equity distribution, the company will adjust the conversion price of its convertible bonds according to the issuance terms and relevant regulations [3] - The company will publicly disclose the implementation announcement and the adjustment of the convertible bond conversion price on October 14, 2025 [3] Suspension of Conversion - The conversion of the company's convertible bonds will be suspended from October 13, 2025, until the equity registration date, with the ability to convert resuming on the first trading day after the equity distribution [3]

Core Viewpoint - The company announces the suspension of the conversion of its convertible bonds "Jia Yue Convertible Bonds" during the period of its 2025 semi-annual equity distribution, which is set to take place on October 14, 2025 [1][2]. Group 1: Equity Distribution Plan - The company plans to distribute cash dividends of RMB 1.60 per 10 shares (including tax) to shareholders registered on the equity distribution date, based on the total share capital minus repurchased shares [3]. - The company has repurchased 19,455,017 shares, which will not participate in this equity distribution [3]. - The equity distribution plan was approved at the company's first extraordinary general meeting on September 12, 2025, and the announcement was published on September 13, 2025 [3]. Group 2: Suspension of Conversion - The conversion of "Jia Yue Convertible Bonds" will be suspended from October 13, 2025, until the equity distribution registration date, after which it will resume [5]. - Holders of "Jia Yue Convertible Bonds" wishing to enjoy the equity distribution must convert their bonds before October 10, 2025 [5]. Group 3: Adjustment of Conversion Price - Following the equity distribution, the company will adjust the current conversion price of the "Jia Yue Convertible Bonds" in accordance with the terms outlined in the bond issuance prospectus [4].

| 证券代码：603708 | 证券简称：家家悦 | 公告编号：2025-065 | | --- | --- | --- | | 债券代码：113584 | 证券简称：家悦转债 | | 家家悦集团股份有限公司 关于实施 2025 年半年度权益分派时"家悦转债"停止 转股的提示性公告 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： 证券停复牌情况：适用 因实施 2025 年半年度权益分派,本公司的相关证券停复牌情况如下： | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | | | | | 期间 | | | | 113584 | 家悦转债 | 可转债转股停牌 | 2025/10/13 | | | | 二、本次权益分派方案实施时停止转股的安排 1、公司将于 2025 年 10 月 14 日在《中国证券报》、《上海证券报》、《证券时 报》和《证券日报》及上海证券交易所网站（www ...

Core Viewpoint - The stock price of Jiajiayue has experienced a decline in recent trading sessions, reflecting a negative trend in its market performance and investor sentiment [1][2]. Group 1: Stock Performance - As of September 22, Jiajiayue's stock price fell by 2.09% to 10.78 CNY per share, with a trading volume of 11.2255 million CNY and a turnover rate of 0.16%, resulting in a total market capitalization of 6.881 billion CNY [1]. - Year-to-date, Jiajiayue's stock has decreased by 4.69%, with a 4.94% drop over the last five trading days and a 3.06% decline over the past 20 days, although it has increased by 6.52% over the last 60 days [2]. Group 2: Financial Performance - For the first half of 2025, Jiajiayue reported a revenue of 9.007 billion CNY, representing a year-on-year decrease of 3.79%, while the net profit attributable to shareholders was 183 million CNY, showing a year-on-year increase of 7.82% [2]. - Since its A-share listing, Jiajiayue has distributed a total of 1.488 billion CNY in dividends, with 303 million CNY distributed over the last three years [3]. Group 3: Shareholder Information - As of June 30, 2025, Jiajiayue had 24,400 shareholders, a decrease of 0.45% from the previous period, with an average of 26,192 circulating shares per shareholder, which is an increase of 0.45% [2]. - Among the top ten circulating shareholders, Huaxia Large Cap Select Mixed Fund holds 5.8505 million shares, unchanged from the previous period, while Hong Kong Central Clearing Limited increased its holdings by 1.5847 million shares to 4.5736 million shares [3].

Investment Rating - The investment rating for the company is "Buy" and is maintained [7]. Core Views - In the first half of 2025, the company achieved a revenue of 9.01 billion, a year-on-year decline of 3.8%, while the net profit attributable to shareholders was 180 million, a year-on-year increase of 7.8%. In Q2 alone, the revenue was 4.07 billion, down 2.6% year-on-year, but the net profit attributable to shareholders surged by 82.6% to 40 million, with a non-recurring net profit growth of 120.5% to 40 million [2][4]. Summary by Sections Financial Performance - The company reported a total revenue of 90.1 billion for the first half of 2025, down 3.8% year-on-year, with a net profit of 1.8 billion, up 7.8%. In Q2, revenue was 40.7 billion, down 2.6%, while net profit reached 0.4 billion, up 82.6%, and non-recurring net profit increased by 120.5% to 0.4 billion [2][4]. Operational Adjustments - The company optimized its store layout by closing 16 stores, resulting in a total of 1,084 stores, while opening 29 new stores and closing 45. The revenue from comprehensive supermarkets and community fresh supermarkets saw a limited decline of 2% and 4% respectively, while rural supermarkets experienced a 12% drop. The company completed upgrades on 30 stores, enhancing shopping environments and product quality [9]. Supply Chain and Cost Management - The company focused on streamlining expenses, reducing four types of period costs by 73.76 million. The logistics costs decreased by 6.16% year-on-year, and the satisfaction rate of logistics to stores improved by 6%. The company is also advancing the construction of a logistics base in Hohhot and a modern bakery factory [9]. Future Outlook - The company aims to strengthen its core categories such as fresh and processed fresh products while expanding its supply chain coverage. The expected EPS for 2025-2027 is projected to be 0.31, 0.38, and 0.45 respectively, maintaining a "Buy" rating [9].

Group 1 - The board of directors guarantees the announcement's content is free from false records, misleading statements, or significant omissions, and assumes legal responsibility for its authenticity, accuracy, and completeness [1] - The shareholders' meeting was held on September 12, 2025, at the company's conference room located at 53 Daqing Road, Economic and Technological Development Zone, Weihai, Shandong Province [2] - The meeting was presided over by Chairman Wang Peihuan, and the notice and convening of the meeting complied with the Company Law and the Articles of Association [2][4] Group 2 - Out of 7 current directors, 2 attended the meeting, while 5 were absent due to other commitments [3] - Out of 3 current supervisors, 1 attended the meeting, while 2 were absent due to other commitments [3] - The company secretary and the financial director attended the meeting [3] Group 3 - The proposal for the company's 2025 semi-annual profit distribution plan was approved during the meeting [3] - There were no resolutions that were rejected during the meeting [2] - The legal witness for the shareholders' meeting was provided by Shanghai Jintiancheng Law Firm, with lawyers Gu Hui and Liu Chuang present [3]

证券代码：603708 证券简称：家家悦 公告编号：2025-064 家家悦集团股份有限公司 2025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： 1、 公司在任董事7人，出席2人，董事傅元惠女士、董事赵熠先生、独立董事刘 红霞女士、独立董事曲国霞女士、独立董事姜爱丽女士因另有公务未能出席； 2、 公司在任监事3人，出席1人，监事张爱国先生、监事邢洪波先生因另有公务 未能出席； 3、 董事会秘书周承生先生、财务总监姜文霞女士出席本次会议。 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 | 180 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 481,493,536 | | 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（%） | 77.8003 | (四) 表决方式是否符合《公司法》及《公司章程》的规定，股东会主持情况 等。 (一) 股东会召开的时间：2025 年 ...

上海市锦天城律师事务所 关于家家悦集团股份有限公司 2025 年第一次临时股东会的 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 9/11/12 层 电话：02120511000 传真：02120511999 邮编：200120 上海市锦天城律师事务所 法律意见书 法律意见书 致：家家悦集团股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受家家悦集团股份有限公 司（以下简称"公司"）的委托，根据《中华人民共和国公司法》（以下简称"《公 司法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）、《上市公司 股东会规则》（以下简称"《股东会规则》"）等法律、法规、规范性文件和《家 家悦集团股份有限公司章程》（以下简称"《公司章程》"）的有关规定，指派 律师列席公司 2025 年第一次临时股东会（以下简称"本次股东会"），对本次股 东会相关事项进行见证，并依法出具本法律意见书。 本法律意见书仅就本次股东会的召集和召开程序、出席本次股东会人员的资 格、召集人资格、表决程序及表决结果发表意见，而不对本次股东会所审议的议 案内容以及该等议案所表述的相关事实或数据的真实性、准确性、完整性 ...

Group 1 - The company approved a share repurchase plan on September 11, 2024, intending to buy back between 10 million to 25 million shares with a total fund of no less than RMB 100 million and not exceeding RMB 200 million, at a maximum price of RMB 10 per share within 12 months [2][4] - The maximum repurchase price was adjusted to RMB 9.89 per share due to the implementation of the 2024 semi-annual profit distribution, and later increased to RMB 12.00 per share and then adjusted to RMB 11.92 per share [3][4] Group 2 - The company completed the share repurchase on September 10, 2025, having repurchased 10,020,200 shares, accounting for 1.57% of the total share capital, with a maximum price of RMB 10.90 per share and an average price of RMB 10.08 per share, totaling RMB 100,963,767 [4][5] - The funds used for the repurchase were from the company's own resources, ensuring no significant impact on daily operations or financial status, and the control of the company remains unchanged [5] Group 3 - As of the announcement date, the company's major shareholders and executives did not engage in buying or selling company shares during the repurchase period, except for a minor reduction by a director [6][7] - The repurchased shares will be stored in a dedicated securities account and are intended for conversion of the company's convertible bonds, with specific rights and restrictions outlined for these shares [7]