股票代码：000882 股票简称：华联股份 公告编号：2025-034 | 1．基本情况 | | | | | --- | --- | --- | --- | | 信息披露义务人 | | 西藏山南信商企业管理有限公司 | | | 住所 | 楼 | 西藏自治区山南市经济开发区山南现代综合产业园办公 | 4 层 403 室 | | 权益变动时间 | | | 2025 年 4 月 8 日-2025 年 5 月 30 日 | | 权益变动过程 | | | 西藏山南信商企业管理有限公司出于自身资金需求，于 2025 年 4 月 8 日至 2025 年 5 月 30 日通过集中竞价及 大宗交易方式累计减持公司股份 69,411,500 股，占公 司总股本的 2.54%。本次减持股份不会导致公司控制权 | | 股票简 称 | 华联股份 | | 发生变更，不会对公司的持续经营产生重大影响。 股票代码 000882 | | 变动方 向 | 上升□ | | 下降√ 一致行动人 有□ 无√ | | 是否为第一大股东或实际控制人 | | | 是□ 否√ | | 2．本次权益变动情况 | | | | 股份种类 减持股数（股） 减持比例（ ...

Meeting Overview - The shareholder meeting was held on May 20, 2025, at 14:00, combining both on-site and online voting methods [4][5][6] - A total of 759 shareholders attended, representing 834,834,445 shares, which is 30.7941% of the total voting shares [8] Voting Results - The following proposals were approved during the meeting: - **2024 Annual Report**: 98.9989% approval [12] - **2024 Board Work Report**: 99.0014% approval [14] - **2024 Supervisory Board Work Report**: 98.9934% approval [16] - **2024 Financial Settlement Report**: 98.9919% approval [19] - **2024 Profit Distribution and Capital Reserve Increase Proposal**: 99.0360% approval [21] - **2024 Directors and Supervisors' Salary Confirmation and 2025 Salary Plan**: 98.9445% approval [23] - **2025 Daily Related Transactions Estimate**: - Sub-proposal 7.01: 86.4347% approval [26] - Sub-proposal 7.02: 99.0276% approval [28] - Sub-proposal 7.03: 99.1343% approval [30] - **Mutual Financing Guarantee Agreement with Hualian Group**: 86.3392% approval [34] - **Financial Services Framework Agreement with Financial Company**: 87.0562% approval [37] - **Daily Related Loan Estimate with Financial Company**: 87.1408% approval [40] - **Reappointment of Audit Firm for 2025**: 99.1264% approval [43] - **Guarantee Limit for Subsidiaries**: 98.6315% approval [45] Legal Opinion - The meeting's procedures and voting results were confirmed to be valid by Beijing Haiwen Law Firm [47]

股票代码：000882 股票简称：华联股份 公告编号：2025-033 北京华联商厦股份有限公司 2024 年年度股东会决议公告 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。 网络投票时间：2025 年 5 月 20 日（周二） 其中： （1）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 20 日上午 9：15—9:25，9：30—11：30，下午 13：00—15:00； 特别提示： 1、本次股东会未出现否决提案的情形。 2、本次股东会未涉及变更以往股东会已通过的决议。 一、会议召开的情况 1、召开时间：2025 年 5 月 20 日（周二）下午 14：00 2、召开方式：网络投票与现场投票相结合。本次股东会，公司通过深圳证 券交易所系统和互联网投票系统（http：//wltp.cninfo.com.cn）向公司流通股 股东提供网络投票平台。 其中： 现场会议时间：2025 年 5 月 20 日（周二）下午 14：00 （2）通过深圳证券交易所互联网投票系统进行网络投票的具体时间为：2025 年 5 月 20 日上午 9:15 ...

北京市海问律师事务所 关于北京华联商厦股份有限公司 2024 年年度股东会的法律意见书 致：北京华联商厦股份有限公司 地址：北京市朝阳区东三环中路 5 号财富金融中心 20 层（邮编 100020） Address：20/F, Fortune Financial Center, 5 Dong San Huan Central Road, Chaoyang District, Beijing 100020, China 电话(Tel): (+86 10) 8560 6888 传真(Fax)：(+86 10) 8560 6999 www.haiwen-law.com 北京 BEIJING 丨上海 SHANGHAI 丨深圳 SHENZHEN 丨香港 HONG KONG 丨成都 CHENGDU 1 份证、授权委托书、营业执照等）真实、完整，资料上的签字和/或印章均是真 实的，资料的副本或复印件均与正本或者原件一致。 本所律师按照律师行业公认的业务标准、道德规范和勤勉尽责的精神，对于 出具本法律意见书有关的资料和事实进行了核查和验证，现发表法律意见如下： 根据《中华人民共和国证券法》《中华人民共和国公司法》（以下统称" ...

以下文章来源于壹地产 ，作者章子姨 壹地产 . 我们很单纯，只关心房事 作 者 | 章子姨 来源 | 壹地产 导 语：据说，北京SKP坐上全球首店的原因之一就是商场发放大额补贴。但新东家可能不给补 贴了。 上个月，北京SKP开始了每年例行的生日庆活动。这场活动原计划进行11天，但距离结束日还有3天 时，北京SKP官微宣布活动延迟一天。 一位同样运营高端奢侈品百货的朋友试着对笔者解释延迟原因： 是不是业绩不及预期？ 刚赶完业绩，民间传言的北京SKP易主就被证实了。4月30日，北京市市场监督管理局公示一则信 息，博裕五期美元基金通过其关联方拟收购北京SKP42%-45%的股权，代价为40亿-50亿。 公示还进一步解释，博裕为战略投资，北京SKP运营管理结构不变。 但从公司治理看，博裕五期美元基金与Radiance公司共同控制北京SKP。 北京SKP曾被誉为全球店王，销售额在2023年一度高达265亿。除了北京SKP，北京华联集团在全国 布局有5座SKP。其中，北京、西安、成都和武汉项目都已正式营业，杭州项目正在建设。 华联集团控股上市公司华联股份节前刚发了业绩报告。一眼望去，负号占满大半屏幕。一些核心数 据，比如 ...

Core Viewpoint - The acquisition of a stake in Beijing SKP by Boyu Capital is seen as a strategic move amidst a cooling luxury market, with implications for both the seller, Hualian, and the buyer, Boyu Capital [1][2][10]. Company Overview - Beijing SKP, originally known as Shin Kong Place, opened in 2007 and quickly became a premier destination for luxury shopping in Beijing, attracting over 700 luxury brands [2][3]. - The mall has consistently achieved high sales performance, with a record single-day sales of 1.01 billion yuan in 2017 and total sales reaching 26.5 billion yuan in 2023 [3][10]. Transaction Details - Boyu Capital, through its affiliates, is set to acquire 42%-45% of Beijing SKP's equity, previously held by Hualian and Radiance Investment Holdings [1]. - The overall value of the management and operational business of Beijing SKP is estimated between 4 billion to 5 billion USD (approximately 29 billion to 36.4 billion yuan) [1]. Market Context - The luxury goods market in China is experiencing a downturn, prompting Hualian to divest from SKP, which may be interpreted as shedding a burden [1][2]. - Hualian's financial performance has been declining, with a reported revenue of 1.398 billion yuan and a net profit drop of 26.28% year-on-year [8]. Strategic Implications - The acquisition aligns with Boyu Capital's strategy to build a comprehensive high-end consumer ecosystem, complementing its existing investments in various sectors [10]. - The shift in luxury retail dynamics, with brands focusing on second-tier and new first-tier cities, indicates a changing landscape for high-end retail [7]. Future Outlook - Projections suggest that Beijing SKP's revenue may decline by 17% in 2024, potentially falling to 22 billion yuan, as competition from other high-end malls increases [10]. - The evolving consumer preferences towards experiential retail and personalized services will challenge traditional luxury retail models, necessitating strategic adjustments from Beijing SKP [11].

Core Insights - Hualian Co., Ltd. reported a revenue of 1.398 billion yuan for 2024, reflecting a year-on-year growth of 2.39%, but net profit attributable to shareholders decreased by 26.28% to 20.33 million yuan [1] - The company's net profit after deducting non-recurring gains and losses turned negative at -46.18 million yuan, marking a significant decline of 260.51% compared to the previous year [1] Business Performance - Hualian's main business segments include community commercial operation management and cinema operation management, with community commercial operations being the core focus [2] - As of December 31, 2024, Hualian operated 27 shopping centers with a total area of nearly 1.9 million square meters, including 15 in Beijing [2] - The rental and property management segment generated 950 million yuan in revenue, a year-on-year increase of 6.38%, accounting for 68.07% of total revenue [2] Profitability Challenges - The merchandise sales segment saw a significant revenue increase of 76.92% to 81.67 million yuan, but the low gross margin of 8.75% limited its contribution to overall profits [3] - Other segments, including joint venture counters, film screenings, and property services, experienced revenue declines, posing challenges to the company's operations [3] - Operating cash inflow decreased by 1.91% to 1.932 billion yuan, and net cash flow from operating activities fell by 13.26% to 712 million yuan, indicating pressure on the company's core business profitability [3] Strategic Moves - Hualian is actively investing in its DT business to enhance its competitive edge in community commerce, including a 192 million yuan acquisition of a 100% stake in Beijing Hualian Meihua Life Department Store [4] - The DT51 shopping mall differentiates itself from traditional models by utilizing a buying team for international procurement and product development, employing a self-operated, joint venture, and leasing management approach [5] - Despite challenges, the DT business shows potential for growth, with DT51 reporting a 22% year-on-year sales increase in Q1 2024, laying a solid foundation for annual growth [5]

Group 1 - The company achieved an operating income of 1.398 billion yuan and a net profit attributable to the parent company of 20.33 million yuan for the year 2024 [1] - The company focuses on the core business of shopping centers, managing nearly 30 shopping centers across several cities in China, with a significant presence in Beijing [1] - As of December 31, 2024, the company has opened 27 shopping centers with a total construction area of nearly 1.9 million square meters, including 15 in Beijing [1] Group 2 - The company acquired equity in Meihua Life to enhance its community business and gain access to DT (community fashion boutique department store) business [1] - The DT business currently includes three projects, with one already opened and two in preparation, aiming to expand quality stores [1] - The DT51 commercial project in Beijing has gained significant market attention and will leverage its unique business model and brand resources for future project expansions and upgrades [2]

一、主要会计数据和财务指标 | 名称 持有数量(万股) | | 占总股本比例(%) | 增减情况(万股) | | --- | --- | --- | --- | | 北京华联集团投资控股有限公司 | 77160.94 | 28.21 | 612.78 | | 西藏山南信商投资管理有限公司 | 25519.29 | 9.33 | 不变 | | 北京世纪国光科贸有限公司 | 4000.00 | 1.46 | 不变 | | 南方中证全指房地产ETF | 1508.39 | 0.55 | 121.58 | | 罗献中 | 1090.11 | 0.40 | 新进 | | 李新强 | 1054.34 | 0.39 | 216.24 | | 徐国华 | 1038.00 | 0.38 | 新进 | | 张坤 | 1000.00 | 0.37 | 不变 | | 刘洪 | 700.00 | 0.26 | 新进 | | 孙虹 | 500.17 | 0.18 | 新进 | | 较上个报告期退出前十大股东有 | | | | | 章美华 | 4005.36 | 1.46 | 退出 | | 北京华联商厦股份有限公司回购专用证券账户 | 2 ...

华泰联合证券有限责任公司 关于北京华联商厦股份有限公司 2024 年度募集资金存放与实际使用情况的专项核查意见 华泰联合证券有限责任公司（以下简称或"华泰联合证券"或"独立财务顾 问"）受北京华联商厦股份有限公司（以下简称"华联股份"或"公司"）委托， 担任公司 2016 年发行股份购买资产并募集配套资金的独立财务顾问。 根据《中华人民共和国公司法》、《中华人民共和国证券法》、《上市公司重大 资产重组管理办法》、《上市公司并购重组财务顾问业务管理办法》、《上市公司监 管指引第 2 号——上市公司募集资金管理和使用的监管要求》、《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》等法律法规的要求， 华泰联合证券对华联股份 2024 年度募集资金存放与使用情况进行了审慎核查， 核查情况如下： 一、募集资金基本情况 （一）实际募集资金金额、资金到位时间 经中国证券监督管理委员会《关于核准北京华联商厦股份有限公司向上海镕 尚投资管理中心（有限合伙）等发行股份购买资产并募集配套资金的批复》（证 监许可[2016]3200 号）核准，华联股份向西藏山南信商投资管理有限公司发行人 民币普通股（A 股） ...