Retail Sector Activity - The retail sector showed significant activity with Maoye Commercial (600828) hitting the daily limit and achieving five consecutive trading limits [1][4] - Other notable stocks in the retail sector included Cuiwei Co. (603123) and Laisen Tongling (603900), both reaching the daily limit, while Zhongxing Commercial (000715) and Hongqi Chain (002697) also saw substantial gains [4] Economic Indicators - In the first quarter, China's total retail sales of consumer goods reached 12.47 trillion yuan, marking a year-on-year growth of 4.6%, which is an acceleration of 1.1 percentage points compared to the previous year [6] - March alone saw a growth rate of 5.9% in retail sales [6] AI Glasses Concept - The AI glasses concept opened strong with Yingtong Communications (002861) hitting the daily limit, while Deep Konka A surged over 8% [7] Computing Power Leasing Concept - The computing power leasing concept gained momentum with Changshan Beiming (000158), Chaoxun Communication (603322), and Hongbo Co. (002229) all reaching the daily limit, and Yitian Intelligent (300911) rising over 10% [8] Real Estate Sector Movement - The real estate sector experienced a surge with Zhonghua Enterprise (600675) and Yuehongyuan A both hitting the daily limit, while Huayuan Real Estate (600743) and Xinhuangpu (600638) increased by over 7% [9] Banking Sector Decline - The banking sector faced declines, with Huaxia Bank dropping over 8%, and major banks like China Construction Bank, Beijing Bank, and others falling by more than 2% [10] Manufacturing PMI - China's manufacturing purchasing managers' index (PMI) for April was reported at 49%, a decrease of 1.5 percentage points from the previous month, indicating a contraction in the manufacturing sector [11] - High-tech manufacturing PMI stood at 51.5%, indicating continued expansion in that sector [11] - The service sector maintained expansion with a business activity index of 50.1, despite a slight decline from the previous month [11] US Automotive Tariff Developments - President Trump signed an announcement to provide compensation for tariffs on imported auto parts, allowing up to 3.75% of the retail price for compensation, which will decrease to 2.5% in the second year [12] - This move reflects ongoing pressure on the government regarding its tariff policies [12]

Group 1 - The A-share retail sector experienced a significant rally, with Central Plaza hitting the daily limit up [1] - Bubugao saw an increase of over 5%, indicating strong market performance [1] - Other companies such as Wenfeng Shares, Debi Group, ZTE Commerce, and Tongcheng Holdings also reported gains [1]

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for future performance [4][6]. Core Insights - The company reported a stable performance in Q1 2025, with a slight decrease in revenue but a significant increase in net profit, attributed to improved cost management [1][4]. - The company is actively optimizing its business model by enhancing member management and adjusting its brand matrix to increase customer engagement [3][4]. - Profit forecasts for 2025 and 2026 have been raised by 34% and 37% respectively, reflecting confidence in the company's ongoing operational improvements and new project initiatives [4][5]. Financial Performance Summary - Q1 2025 revenue was CNY 213 million, a year-on-year decrease of 0.12%, while net profit grew by 32.34% to CNY 20 million [1]. - For the full year 2024, revenue was CNY 763 million, down 5.76%, and net profit was CNY 100 million, down 25.27% [1]. - The comprehensive gross margin for Q1 2025 was 52.58%, a decrease of 0.94 percentage points year-on-year [2]. - The operating expense ratio improved by 5.63 percentage points to 37.09% in Q1 2025 [2]. Business Strategy and Development - The company has five stores as of the end of 2024, with ongoing adjustments to its store formats to enhance brand appeal and customer experience [3]. - Initiatives such as the dinosaur museum project are being explored to create new operational scenarios and attract foot traffic [3]. - The company is also focusing on enhancing its online presence through platforms like Douyin and developing new functionalities for its mini-programs to improve member services [3]. Profitability and Valuation Metrics - The report provides a summary of profitability metrics, including projected net profit margins and return on equity (ROE) for the coming years [5][12]. - The estimated earnings per share (EPS) for 2025 is CNY 0.25, with a projected P/E ratio of 30 [5][13].

登录新浪财经APP 搜索【信披】查看更多考评等级 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、 误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息 的真实、准确、完整。 3.第一季度报告是否经审计 □是 √否 一、主要财务数据 （一） 主要会计数据和财务指标 证券代码：000715 证券简称：中兴商业 公告编号：ZXSY2025-18 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 重要内容提示： 公司是否需追溯调整或重述以前年度会计数据 □是 √否 ■ （二） 非经常性损益项目和金额 √适用 □不适用 单位：元 ■ 其他符合非经常性损益定义的损益项目的具体情况 □适用 √不适用 公司不存在其他符合非经常性损益定义的损益项目的具体情况。 将《公开发行证券的公司信息披露解释性公告第1号一一非经常性损益》中列举的非经常性损益项目界 定为经常性损益项目的情况说明 □适用 √不适用 公司不存在将《公开发行证券的公司信息披露解释 ...

一、主要会计数据和财务指标 三、分红送配方案情况 | 报告期指标 | 2025年一季报 | 2024年一季报 | 本年比上年增减(%) | 2023年一季报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.0500 | 0.0400 | 25 | 0.0600 | | 每股净资产（元） | 4.7 | 4.45 | 5.62 | 4.23 | | 每股公积金(元) | 0.43 | 0.35 | 22.86 | 0.43 | | 每股未分配利润(元) | 2.74 | 2.56 | 7.03 | 2.29 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 2.13 | 2.13 | 0 | 2.22 | | 净利润(亿元) | 0.2 | 0.15 | 33.33 | 0.24 | | 净资产收益率(%) | 1.05 | 0.84 | 25 | 1.40 | 本次公司不分配不转赠。 前十大流通股东累计持有： 23464.51万股，累计占流通股比： 56.59%，较上期变化： 45.02万股。 | 名称 持有数量(万 ...

Financial Performance - The company's operating revenue for Q1 2025 was CNY 213,172,656.71, a slight decrease of 0.12% compared to CNY 213,418,250.07 in the same period last year[4] - Net profit attributable to shareholders increased by 32.34% to CNY 20,416,722.47 from CNY 15,427,372.06 year-on-year[4] - The net profit after deducting non-recurring gains and losses rose by 66.89% to CNY 19,083,234.71 compared to CNY 11,434,843.77 in the previous year[4] - The total profit for the year-to-date period was CNY 27,300,448.57, an increase of 32.90% compared to the previous year, mainly due to reduced employee stock plan expenses[9] - Net profit for the current period is ¥20,573,840.50, representing an increase of 33.67% from ¥15,454,707.61 in the previous period[21] - The company recorded a profit before tax of ¥27,300,448.57, compared to ¥20,542,668.50 in the previous period, marking a growth of 32.73%[21] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 16.09% to CNY 26,215,468.40 from CNY 31,243,454.33 in the same period last year[4] - Cash flow from operating activities generated a net amount of ¥26,215,468.40, down from ¥31,243,454.33 in the previous period[23] - The company's cash and cash equivalents decreased by 60.46% to CNY 307,249,611.04, primarily due to increased investments during the period[8] - Cash and cash equivalents at the end of the period decreased to ¥298,585,172.02 from ¥1,083,674,941.18, indicating a significant reduction in liquidity[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,688,237,756.16, reflecting a 1.09% increase from CNY 2,659,161,883.07 at the end of the previous year[4] - The company's total assets increased to CNY 2,688,237,756.16 from CNY 2,659,161,883.07, reflecting a growth of approximately 1.1%[15] - The company's total liabilities rose slightly from CNY 729,811,853.90 to CNY 735,151,754.07, indicating a growth of approximately 0.5%[17] - The total liabilities and equity amounted to ¥2,688,237,756.16, an increase from ¥2,659,161,883.07[18] Equity and Return Metrics - Shareholders' equity attributable to the parent company increased by 1.22% to CNY 1,951,816,727.77 from CNY 1,928,237,872.88 at the end of the previous year[4] - The weighted average return on net assets improved to 1.05%, up from 0.84% in the previous year[4] - The company reported a total equity attributable to shareholders of ¥1,951,816,727.77, up from ¥1,928,237,872.88[18] - The company's total equity remained stable at CNY 1,953,085,002.09, unchanged from the previous period[17] Inventory and Current Assets - The current assets totaled CNY 1,011,235,021.56, up from CNY 971,887,869.33, marking an increase of about 4.1%[15] - The company's inventory increased from CNY 73,932,444.35 to CNY 84,623,338.33, representing a growth of approximately 14.5%[15] Borrowings and Payables - Short-term borrowings rose from CNY 31,530,582.70 to CNY 34,630,414.12, an increase of about 6.7%[17] - The company's accounts payable increased from CNY 186,542,963.98 to CNY 196,241,080.27, reflecting a growth of approximately 5.4%[17] Non-Current Assets - The non-current assets decreased slightly from CNY 1,687,274,013.74 to CNY 1,677,002,734.60, a decline of about 0.6%[15] Business Strategy - The company plans to extend the commitment to avoid competition until April 10, 2028, to address potential conflicts with its controlling shareholder[14] - The company has not reported any new product launches or significant market expansion strategies during this period[25]

证券简称：中兴商业 证券代码：000715 公告编号：ZXSY2025-17 中兴—沈阳商业大厦（集团）股份有限公司 关于召开 2024 年度股东大会的通知 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 一、召开会议的基本情况 1.股东大会届次：2024 年度股东大会 2.股东大会的召集人：公司董事会 公司于 2025 年 3 月 27 日召开第八届董事会第三十三次会议，决 议召开 2024 年度股东大会。 3.本次股东大会会议召开符合《公司法》《上市公司股东会规则》 等有关法律法规、部门规章、规范性文件和《公司章程》的规定。 4.会议召开的日期和时间 （1）现场会议召开时间：2025 年 5 月 14 日（星期三）14:30 （2）网络投票时间 通过深圳证券交易所交易系统进行网络投票的具体时间为 2025 年 5 月 14 日 9:15-9:25，9:30-11:30，13:00-15:00； 通过深圳证券交易所互联网投票系统投票的具体时间为 2025 年 5 月 14 日 9:15 至 15:00 期间的任意时间。 5.会议召开方式：本次股东大会采用现场 ...

本文字数：1401，阅读时长大约2分钟 作者 | 第一财经 王媛丽 4 月 14 日 A 股 百 货 零 售 概 念 掀 涨 停 潮 ， 其 中 国 芳 集 团 （ 601086.SH ） 实 现 7 连 板 ， 南 宁 百 货 （600712.SH）、茂业商业（600828.SH）等多股涨停，板块热度持续升温。 2025.04. 15 国内扩内需稳增长政策持续推进，国内线下消费有望进一步复苏，多家线下百货商超一方面通过"改 调性"积极寻求服务模式变革，一方面通过"数字化+AI"助推降本增效，为传统商超零售业务带来新的 业绩增长刺激。 新世界年报表示，2024年推进公司百货零售业板块新世界城业态结构调整，布局首发经济，引进二 次元文化，打造差异化竞争优势；重庆百货则加快旗下百货、商超调改升级，2024半年报中表示， 百货毛利率同比增长，加快城市奥莱与购物中心业态打造。 降本增效方面，百货企业加速线上线下融合，通过AI技术优化库存管理、提升服务效率。新世界、 武商集团、中兴商业（000715.SZ）、茂业商业2024年销售毛利率较同期增加1.96、2.03、0.75、 3.1个百分点。 针对美关税影响，多家百货 ...

中兴—沈阳商业大厦（集团）股份有限公司 2025 年第一次临时股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 特别提示： 证券简称：中兴商业 证券代码：000715 公告编号：ZXSY2025-16 4.召集人：公司董事会 本次股东大会未出现否决提案，未涉及变更以往股东大会已通过 的决议。 一、会议召开和出席情况 （一）会议召开情况 1.召开时间 （1）现场会议召开时间：2025 年 4 月 9 日 14:50 （2）网络投票时间 通过深圳证券交易所交易系统进行网络投票的具体时间为 2025 年 4 月 9 日 9:15-9:25，9:30-11:30，13:00-15:00； 通过深圳证券交易所互联网投票系统投票的具体时间为 2025 年 4 月 9 日 9:15 至 15:00 期间的任意时间。 2.召开地点：沈阳市和平区太原北街 86 号公司 9 楼会议室 3.召开方式：现场表决与网络投票相结合 5.主持人：董事长屈大勇先生 6.会议的召开符合《公司法》《深圳证券交易所股票上市规则》 及《公司章程》等有关规定。 （二）会议出席情况 1. ...

北京德恒律师事务所 关于中兴-沈阳商业大厦（集团）股份有限公司 2025 年第一次临时股东大会的 法律意见 北京市西城区金融街 19 号富凯大厦 B 座 12 层 电话:010-52682888 传真:010-52682999 邮编:100033 北京德恒律师事务所 关于中兴—沈阳商业大厦（集团）股份有限公司 2025 年第一次临时股东大会的法律意见 北京德恒律师事务所 关于中兴-沈阳商业大厦（集团）股份有限公司 2025 年第一次临时股东大会的 法律意见 德恒 01G20240952-01 号 为出具本法律意见，德恒律师出席了本次会议，并审查了公司提供的以下文 件，包括但不限于： （一）《公司章程》； （二）董事会决议及相关股东大会审议的议案； （三）公司于 2025 年 3 月 25 日在巨潮资讯网（http://www.cninfo.com.cn） 公布的《中兴-沈阳商业大厦（集团）股份有限公司关于召开 2025 年第一次临时 股东大会的通知》（以下简称"《股东大会的通知》"）； （四）公司本次会议现场参会股东到会登记记录及凭证资料； （五）公司本次会议股东表决情况凭证资料； （六）本次会议其他会议文件 ...