Group 1 - The general retail sector increased by 0.81% on January 22, with Jinhe Commercial Management leading the gains [1] - The Shanghai Composite Index closed at 4122.58, up 0.14%, while the Shenzhen Component Index closed at 14327.05, up 0.5% [1] - Notable gainers in the general retail sector included Jinhe Commercial Management (up 4.11%), Hemei Group (up 3.26%), and Ningbo Zhongbai (up 3.08%) [1] Group 2 - The general retail sector experienced a net outflow of 676 million yuan from institutional investors, while retail investors saw a net inflow of 792 million yuan [2] - Major stocks with significant net inflows from retail investors included Youa Co. (1864.64 million yuan) and Hemei Group (1531.57 million yuan) [3] - Conversely, stocks like Xiaoshangpin City and Youa Co. faced net outflows from institutional investors, indicating varied investor sentiment across the sector [3]

Group 1 - The core viewpoint of the article is that Zhongxing Commercial (000715) aims to enhance capital efficiency and increase investment returns through the purchase of financial products, while ensuring that risks are controllable and do not affect normal operations and main business development [1] - In 2023, the company repurchased 12.31 million shares, accounting for 2.96% of the total share capital at that time [1] - The company will consider future repurchase matters based on actual conditions and will fulfill information disclosure obligations in a timely manner [1]

截至2026年1月20日收盘，中兴商业(000715)报收于6.42元，上涨0.31%，换手率2.98%，成交量16.08万 手，成交额1.02亿元。 投资者： 董秘你好，中兴商业常年有这么多的闲置资金放在账上，仅仅拿来投资银行的保本理财产 品，收益这么低，为什么没有考虑做其他的投资？有没有跨界收购的意向？公司股价长期在低位徘徊， 这么多的闲置资金在账上躺着，为什么不考虑回购公司的股份？是对公司长期发展没有信心吗？ 董秘： 感谢您对公司的关注。公司购买理财产品的目的是在风险可控且不影响公司正常经营和主营业 务发展的前提下，提高资金使用效率，增加投资收益。2023年，公司结合市场情况及自身实际，回购股 份1231万股，占当时总股本的2.96%。未来，公司将结合实际情况考虑回购事宜，并及时履行信息披露 义务。 当日关注点 来自交易信息汇总：1月20日主力资金净流出42.66万元，游资资金净流出49.32万元，散户资金净 流入91.98万元。 交易信息汇总资金流向 董秘最新回复 投资者： 董秘你好。2025年前三季度扣非净利润同比增长29.28%，主要得益于哪些业务板块的贡献？ 未来如何持续提升盈利能力？ 董秘： ...

证券日报网讯 1月20日，中兴商业在互动平台回答投资者提问时表示，面对激烈的市场竞争，公司将 以"精耕细作，升级体验，品牌引领，服务先行"为工作方向，精准把握消费需求变化和品类发展趋势， 继续深耕首店经济，创新商业模式，业态融合发展，推动服务升级，打造"市集经济"和"银发经济"，构 建"以内容聚人气、以体验促消费"的运营生态，不断引领商业潮流，进一步巩固区域优势地位。 （文章来源：证券日报） ...

Core Viewpoint - ZTE Commercial expects a 29.28% year-on-year increase in net profit excluding non-recurring items for the first three quarters of 2025, driven by reduced employee stock plan costs and continuous innovation in its core business [1] Group 1: Financial Performance - The company anticipates a 29.28% increase in net profit excluding non-recurring items for the first three quarters of 2025 compared to the previous year [1] Group 2: Business Strategy - The company aims to enhance its core business profitability through continuous innovation and development [1] - The strategic focus includes "refined operations, upgraded experiences, brand leadership, and service-first" to accurately capture changes in consumer demand and category development trends [1] - The company plans to deepen its engagement in the first-store economy, innovate business models, and promote service upgrades [1] Group 3: Market Trends - The company is committed to creating a "market economy" and "silver economy," building an operational ecosystem that attracts people through content and promotes consumption through experiences [1] - The goal is to continuously lead commercial trends and enhance the competitiveness and profitability of its core business [1]

针对上述提问，中兴商业回应称："感谢您对公司的关注。面对激烈的市场竞争，公司将以'精耕细作， 升级体验，品牌引领，服务先行'为工作方向，精准把握消费需求变化和品类发展趋势，继续深耕首店 经济，创新商业模式，业态融合发展，推动服务升级，打造'市集经济'和'银发经济'，构建'以内容聚人 气、以体验促消费'的运营生态，不断引领商业潮流，进一步巩固区域优势地位。" 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 有投资者在互动平台向中兴商业提问："董秘你好。作为沈阳本土商业龙头，公司如何应对沈阳乃至东 北地区其他商业综合体的竞争压力？是否有跨区域跨行业扩张计划？" 来源：市场资讯 ...

Core Viewpoint - Zhongxing Commercial expects a 29.28% year-on-year growth in net profit excluding non-recurring items for the first three quarters of 2025, driven by reduced employee stock plan costs and continuous innovation in its core business [1] Financial Performance - For the first nine months of 2025, Zhongxing Commercial achieved a revenue of 562 million yuan, a year-on-year decrease of 0.77% (adjusted) [1] - The company reported a net profit attributable to shareholders of 68 million yuan, reflecting a year-on-year increase of 23.81% (adjusted) [1] Business Strategy - The company aims to enhance its core business profitability through a focus on "meticulous cultivation, upgraded experiences, brand leadership, and service-first" strategies [1] - Zhongxing Commercial plans to accurately grasp changes in consumer demand and category development trends, continuing to deepen its engagement in the first-store economy and innovate its business models [1] - The company is committed to service upgrades and creating an operational ecosystem that attracts consumers through content and promotes consumption through experiences [1] Operational Overview - Zhongxing Commercial operates primarily in the commercial retail sector, with business formats including department stores, supermarkets, and online shopping platforms [1] - The company's operational models include joint ventures, self-operated stores, and property leasing, with a primary focus on the joint venture model [1]

Core Viewpoint - ZTE Commercial (000715.SZ) has completed the sale and non-trading transfer of all shares held under its 2023 employee stock ownership plan, totaling 14,156,529 shares [1] Group 1 - The company sold a total of 14,156,529 shares under the employee stock ownership plan, with 10,441,859 shares sold through centralized bidding and 3,714,670 shares transferred via non-trading methods [1] - The company adhered strictly to market trading rules during the implementation period and complied with regulations from the China Securities Regulatory Commission and Shenzhen Stock Exchange regarding trading during sensitive information periods [1] - There were no instances of insider trading during the execution of the employee stock ownership plan [1]

证券简称：中兴商业 证券代码：000715 公告编号：ZXSY2026-04 中兴—沈阳商业大厦（集团）股份有限公司 关于 2023 年员工持股计划实施完毕暨终止的公告 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。 中兴—沈阳商业大厦（集团）股份有限公司（以下简称"公司"） 2023 年员工持股计划（以下简称"本次员工持股计划"）所持有的 公司股票已全部出售及非交易过户。根据《关于上市公司实施员工持 股计划试点的指导意见》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等相关规定，本次员工持股计划实 施完毕并终止，现将相关情况公告如下： 一、本次员工持股计划基本情况 1.公司于 2023 年 9 月 28 日召开第八届董事会第十七次会议及第 八届监事会第十次会议，于 2023 年 10 月 27 日召开 2023 年第二次临 时股东大会，审议通过了《2023 年员工持股计划（草案）及摘要》 等相关议案，同意公司实施本次员工持股计划。 2.本次员工持股计划的股票来源为公司回购专用证券账户内回 购的公司 A 股普通股股票。公司于 2023 ...

Core Viewpoint - The company has approved the use of up to RMB 600 million of its idle funds for entrusted wealth management, aiming to enhance the efficiency of idle capital and increase investment returns while ensuring normal business operations are not affected [1]. Group 1: Wealth Management Details - The company signed a structured deposit product agreement with Bohai Bank for RMB 400 million [2]. - The investment period for the structured deposit is 358 days, starting from January 6, 2026, and maturing on December 30, 2026 [2]. - The expected annualized return ranges from 1.00% to 2.16% [2]. Group 2: Risk Management - The investment is categorized as low-risk, but market fluctuations may impact returns [2][3]. - The company will implement strict internal controls and adhere to relevant regulations to mitigate investment risks [4]. - The management team will monitor the investment closely and take necessary actions if adverse factors are identified [5]. Group 3: Impact on Daily Operations - The entrusted wealth management will not affect the company's main business operations and is expected to improve the utilization of idle funds, providing good returns for the company and its shareholders [6].