Group 1 - The core viewpoint of the news is that Guangzhou Yuexiu Capital Holdings Group Co., Ltd. has received an "AAA" rating from China Chengxin International, reflecting strong shareholder strength and competitive core business, while also highlighting challenges such as slow macroeconomic recovery and rising debt levels [1][3] Group 2 - The company, originally named Guangzhou Friendship Group Co., Ltd., was established in 1992 and went public in 2000. It underwent several transformations, including acquiring 100% of Guangzhou Yuexiu Financial Holdings Group Co., Ltd. in 2016 and rebranding to its current name in 2022 [2] - The company has focused on core business units such as financing leasing, non-performing asset management, and investment management, with a total of 9 major subsidiaries as of the end of 2024 [2]

债券代码：149598 债券简称：21 越控 04 广州越秀金融控股集团股份有限公司 2021 年面向专业投资者公开发行公司债券（第三期）（品种二） 2025 年付息公告 本公司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，并对内容的真实性、准确性和完整性承担相应的法律责任。 特别提示 1、债券名称：广州越秀金融控股集团股份有限公司 2021 年面向专业投资者 公开发行公司债券（第三期）（品种二）（以下简称"本期债券"）。 2、债券简称：21 越控 04。 6、计息期间：2024 年 8 月 13 日-2025 年 8 月 12 日。 广州越秀金融控股集团股份有限公司 2021 年面向专业投资者公开发行公司债 券（第三期）（品种二）将于 2025 年 8 月 13 日支付自 2024 年 8 月 13 日到 2025 年 8 月 12 日期间的利息，为保证付息工作的顺利进行，方便投资者及时领取利息， 现将有关事项公告如下： 一、本期债券的基本情况 1、发行人：广州越秀资本控股集团股份有限公司（曾用名：广州越秀金融控 股集团股份有限公司）。 2、债券名称：广州越秀金融控股集团股份有限公司 ...

Core Insights - Traditional department stores are undergoing a significant transformation, focusing on thematic renovations and cultural integration to attract younger consumers and enhance the shopping experience [1][38] - The shift from a product-centric model to an experience-driven approach is crucial for survival in the competitive retail landscape [38] Thematic Renovations - Shanghai's Paris Spring has been rebranded to focus on "LOL eating valley," creating a unique space for Z-generation consumers to express creativity [2][4] - Chengdu's Qun Guang Plaza is developing a magical two-dimensional anime IP base, collaborating with 14 IP brands, including four that are first in China [8] - Xi'an's Xingyue Mall has introduced over 40 unique brands and created a diverse consumption ecosystem centered around anime and gaming [13] Silver Economy - Chongqing's Chongbai Jiulong Mall has launched the city's first silver-themed store, achieving a sales increase of over 300% on opening day [14][16] - The store's design incorporates nostalgic elements and offers various activities tailored for the elderly, enhancing their shopping experience [16] Cultural Integration - Chongbai Building is being transformed into a "city civilization curator," integrating local culture into its design and offerings [17][19] - Beijing's Xidan Shopping Center is set to undergo a major renovation, focusing on local cultural narratives and targeting a younger demographic [20][22] New Consumption Scenarios - Beijing's Shuang'an Mall is undergoing a 70% area renovation to become a quality lifestyle experience venue, introducing new brands and enhancing dining options [23][25] - Guangzhou's Friendship National Gold Store has opened the city's first urban duty-free shop, creating a "shopping as travel" experience [36][38] Market Trends - The retail industry is witnessing a shift towards immersive experiences, with traditional department stores needing to adapt to changing consumer preferences [38] - The emergence of duty-free shops and thematic experiences presents new opportunities for department stores to differentiate themselves in a saturated market [39]

Core Viewpoint - The company has decided to exercise the redemption option for the "22 Yue Control 02" bond and waive the option to adjust the coupon rate, indicating a strategic financial decision based on current market conditions [1][6]. Group 1: Bond Redemption Details - The company will fully redeem the "22 Yue Control 02" bond on September 16, 2025, with the record date for redemption being September 15, 2025 [6][8]. - The coupon rate for the bond is set at 2.67%, with interest payments of RMB 21.36 for every 10 bonds (face value of RMB 1,000) [7][8]. - The redemption funds will be transferred to the designated bank account of the Shenzhen branch of China Securities Depository and Clearing Corporation Limited by September 12, 2025 [8]. Group 2: Issuer's Obligations - The issuer is committed to preparing the redemption funds and ensuring timely payment of principal and interest as per the bond issuance documents [3][4]. - The issuer will disclose the decision regarding the exercise of the redemption option at least five trading days before the payment date [3][4]. - The issuer will also ensure that the redemption process follows the regulations set by the Shenzhen Stock Exchange and the clearing agency [3][4]. Group 3: Investor Rights and Responsibilities - Bondholders have the right to sell back their bonds to the issuer at the end of the third year, with the issuer required to gauge the interest and prepare funds accordingly [4][5]. - The issuer will provide timely announcements regarding the buyback process, ensuring investors are well-informed [5][6]. - Investors must submit their buyback requests within the specified period, or they will be deemed to have waived their right to sell back the bonds [5][6].

公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 债券代码：148064 债券简称：22 越控 02 广州越秀资本控股集团股份有限公司 关于行使"22 越控 02"发行人赎回选择权暨放弃行使发行人调整票 2025 年 8 月 5 日，广州越秀资本控股集团股份有限公司（以下简称"越秀 资本""公司"）发布了《广州越秀资本控股集团股份有限公司关于行使"22 越 控 02"发行人赎回选择权暨放弃行使发行人调整票面利率选择权的公告》，本公 告为上述事项的提示性公告。 根据《广州越秀金融控股集团股份有限公司 2022 年面向专业投资者公开发 行公司债券（第二期）募集说明书》中有关"22 越控 02"票面利率调整选择权 和赎回选择权的条款约定，以及公司实际情况、当前市场环境，公司决定放弃行 使发行人调整票面利率选择权，并行使本期债券的发行人赎回选择权，对赎回登 记日登记在册的"22 越控 02"进行全额赎回。 面利率选择权的第三次提示性公告 2．债券简称：22 越控 02。 3．赎回登记日：2025 年 9 月 15 日。 4．赎回资金到账日：2025 年 9 月 16 日（如遇法 ...

Group 1 - Guangzhou Yuexiu Industrial Investment Co., Ltd. increased its stake in New Times Green Energy (00956) by acquiring 1.045 million shares at a price of HKD 4.1868 per share, totaling approximately HKD 4.3752 million [1] - Following the acquisition, the total number of shares held by Guangzhou Yuexiu is approximately 203 million, representing a holding percentage of 11.02% [1] - The transaction involves other related parties, including Guangzhou Yue Xiu Holdings Limited and Guangzhou Yuexiu Capital Holdings Group Company Limited [1]

债券代码：148064 债券简称：22 越控 02 广州越秀资本控股集团股份有限公司 关于行使"22 越控 02"发行人赎回选择权暨放弃行使发行人调整票 面利率选择权的第二次提示性公告 公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 2025 年 8 月 5 日，广州越秀资本控股集团股份有限公司（以下简称"越秀 资本""公司"）发布了《广州越秀资本控股集团股份有限公司关于行使"22 越 控 02"发行人赎回选择权暨放弃行使发行人调整票面利率选择权的公告》，本公 告为上述事项的提示性公告。 根据《广州越秀金融控股集团股份有限公司 2022 年面向专业投资者公开发 行公司债券（第二期）募集说明书》中有关"22 越控 02"票面利率调整选择权 和赎回选择权的条款约定，以及公司实际情况、当前市场环境，公司决定放弃行 使发行人调整票面利率选择权，并行使本期债券的发行人赎回选择权，对赎回登 记日登记在册的"22 越控 02"进行全额赎回。 重要提示： 1．债券代码：148064。 2．债券简称：22 越控 02。 3．赎回登记日：2025 年 9 月 15 日。 4．赎回资金到账 ...

Group 1 - The company has decided to exercise the redemption option for the bond "22 越控 02" and will not adjust the coupon rate [1][6] - The bond's basic information includes a face value of RMB 1,000 and an annual coupon rate of 2.67% [7][8] - The redemption date is set for September 16, 2025, with the record date for bondholders being September 15, 2025 [6][8] Group 2 - The company will ensure timely payment of principal and interest to bondholders as per the bond issuance documents [3][4] - The company commits to disclosing relevant information regarding the redemption process and any changes to the bondholder's rights [4][5] - Tax obligations for interest income will be handled according to Chinese tax regulations, with a withholding tax rate of 20% for individual bondholders [8][9]

债券代码：148064 债券简称：22 越控 02 广州越秀资本控股集团股份有限公司 关于行使"22 越控 02"发行人赎回选择权暨放弃行使发行人调整票 面利率选择权的第一次提示性公告 公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 2025 年 8 月 5 日，广州越秀资本控股集团股份有限公司（以下简称"越秀 资本""公司"）发布了《广州越秀资本控股集团股份有限公司关于行使"22 越 控 02"发行人赎回选择权暨放弃行使发行人调整票面利率选择权的公告》，本公 告为上述事项的提示性公告。 根据《广州越秀金融控股集团股份有限公司 2022 年面向专业投资者公开发 行公司债券（第二期）募集说明书》中有关"22 越控 02"票面利率调整选择权 和赎回选择权的条款约定，以及公司实际情况、当前市场环境，公司决定放弃行 使发行人调整票面利率选择权，并行使本期债券的发行人赎回选择权，对赎回登 记日登记在册的"22 越控 02"进行全额赎回。 重要提示： 1 6．债券赎回比例：100%。 7．摘牌日：2025 年 9 月 16 日。 一、"22 越控 02"公司债券的基本情况 1．发 ...

Group 1 - Wu Yonggao has resigned from the position of employee representative director at Yuexiu Capital due to work adjustments, but will continue to serve as the company's deputy general manager, board secretary, and financial director [1] - The revenue composition of Yuexiu Capital for the year 2024 is as follows: futures brokerage business accounts for 44.6%, financing leasing business for 24.54%, new energy business for 23.19%, non-performing asset management business for 6.89%, and investment management business for 1.34% [1] - As of the report date, Yuexiu Capital has a market capitalization of 37.7 billion [1]