【环球网科技综合报道】8月28日，苏宁易购旗下碧英科技与北京通用人工智能研究院下属通智人工智 能科技正式达成人工智能消费领域合作意向。双方将聚焦居家需求以及商业服务场景，在具身智能、智 能终端、智能穿戴、智能家电等消费智能产品领域深度协同，以技术创新驱动消费领域智能化变革，加 速推动消费服务与产品的智能化升级。同时发挥苏宁易购渠道和供应链优势，推动相关合作实现产业 化、商品化。 AI人工智能技术快速发展，持续推动新兴智能硬件产品迭代升级。聚焦家庭AI智能消费硬件打造，双 方将基于交互协作的人工智能技术平台，立足消费者日常家居场景、直击日常生活痛点，共同推进智能 家居、智能机器人、智能穿戴等消费智能硬件的研发和推广，助力智能终端从"被动工作"成为"主动伙 伴"，精细满足消费者对于陪护、看护、清洁等场景下的多元化、个性化需求，让"更聪明、更好用"的 AI硬件走进千家万户。 碧英科技是苏宁易购深化产业互联网技术服务的重要平台，依托长期零售行业能力和经验沉淀，为广泛 合作伙伴提供数智化场景解决方案。通智人工智能科技由北京通用人工智能研究院主办，该院由北京市 政府、科技部支持、教育部支持，联合北京大学、清华大学等单位共 ...

Core Viewpoint - Suning.com reported a stable performance in the first half of 2025, with revenue reaching 25.895 billion yuan, a year-on-year increase of 0.44%, and a net profit of 48.693 million yuan, up 230.03% year-on-year, indicating a recovery in its business operations and strategic initiatives to enhance market competitiveness [1][4][7]. Financial Performance - The company achieved an operating profit of 273 million yuan in the first half of 2025, marking a significant increase of 289.28% year-on-year, reversing previous losses [4]. - The main revenue sources, including home appliances and consumer electronics, showed slight increases in revenue and gross margin, with growth rates of 2.28% and 0.3% respectively, signaling a stabilization in business operations [4]. - Sales expenses rose to 3.587 billion yuan, a 10.48% increase from the previous year, driven by investments in store openings and renovations [6]. - Management expenses decreased by 26.94% to 795 million yuan, reflecting improved internal management efficiency [6]. - Financial expenses decreased by 10.80% to 1.401 billion yuan, indicating progress in debt management and reduced financial burden [6]. Strategic Initiatives - The company has actively engaged in the market by leveraging government subsidies and enhancing its retail service capabilities, resulting in a 11.7% increase in store sales revenue [11][12]. - Suning.com has implemented a "big store" strategy since 2024, focusing on optimizing store models and enhancing customer experience through flagship stores like Suning Max and Suning Pro [8][9]. - In the first half of 2025, the company opened and renovated 37 stores, enhancing its market presence and customer engagement [8][9]. - The company has expanded its retail cloud franchise stores, with a total of 10,100 stores by June 30, 2025, following the opening of 297 new stores in the second quarter [1][14]. Market Opportunities - Suning.com is capitalizing on the government's push for rural consumption upgrades and the "old-for-new" appliance replacement policy, which is expected to drive significant growth in the county-level market [12][15]. - The company is enhancing its community service initiatives, establishing service stations and engaging in local activities to boost consumer awareness and drive sales [13][14]. - The focus on experiential retail and community engagement is aimed at transforming traditional sales into long-term customer relationships, enhancing brand loyalty and market penetration [11][12].

Core Insights - ST Yigou reported a net profit of 48.693 million yuan for the first half of 2025, representing a year-on-year increase of 230.03% [1] Financial Performance - The company's net profit for the first half of 2025 reached 48.693 million yuan, showing significant growth compared to the previous year [1] - The year-on-year growth rate of 230.03% indicates a strong recovery or improvement in the company's financial performance [1]

Core Insights - Suning.com achieved a revenue of 25.895 billion yuan in the first half of 2025, representing a year-on-year growth of 0.44% [1] - The net profit attributable to shareholders reached 48.693 million yuan, showing a significant year-on-year increase of 230.03% [1] Revenue and Profit Performance - The company reported a sales revenue growth of 11.7% in its stores during the first half of the year [1] - Comparable store sales in the home appliance and 3C home living specialty stores increased by 14.45%, with comparable store efficiency improving by 11.12% [1] Market Strategy and Expansion - Suning.com opened and renovated 37 SuningMax and SuningPro stores in first-tier and second-tier markets to enhance store image and consumer experience [1] - The company expanded its retail cloud franchise stores, opening 297 new stores in the second quarter, bringing the total number of retail cloud franchise stores to 10,100 as of June 30, 2025 [1] Competitive Positioning - The company aims to leverage the trade-in market opportunities and adapt to changes in consumer behavior by enhancing product variety, optimizing sales network layout, upgrading consumer experience, and improving service quality [2]

8月29日晚间，苏宁易购发布2025年半年度报告。公司上半年实现营业收入258.95亿元，同 比增长0.44%；归属于上市公司股东的净利润盈利4869.3万元，同比增长230.03%。公司市 场规模持续巩固，盈利能力进一步增强，基本面稳健向好。 报告期内，苏宁易购紧抓国补机遇，主动参与市场竞争，通过强化渠道建设，推进升级店面 结构、优化客户体验抢占市场份额。上半年公司门店销售收入同比增长 11.7%，其中家电3C 家居生活专业店可比门店收入同比增长14.45%，可比门店坪效同比提升11.12%，经营质量 进一步提升。 2025年7月，中央政治局会议继续将扩大内需置于重要位置，强调要有效释放内需潜力、扩 大商品消费并培育服务消费新的增长点。苏宁易购表示，将紧抓以旧换新市场机遇，主动顺 应消费市场变化，依托全国性店面网络和深耕多年的本地化零售专长，从丰富商品品类、优 化销售网络布局、升级消费场景体验与提升服务品质等多维发力，持续夯实核心竞争力，推 动公司经营再上新台阶。 市场分析人士指出，苏宁易购在上半年稳规模、增效益，并积极化债减负，为中长期发展夯 实了基础。随着公司大店战略跑通，一批模型店落地，带动门店经营提 ...

Core Viewpoint - Suning.com reported a slight increase in revenue for the first half of 2025, with a total revenue of 25.89 billion yuan, representing a 0.44% year-on-year growth. However, the company faced challenges in profitability due to increased competition and rising costs, leading to a significant increase in net profit attributed to shareholders, which reached 48.69 million yuan, a 230.03% increase compared to the previous year [1][10][11]. Company Overview and Key Financial Indicators - Company Name: Suning.com Co., Ltd. - Stock Code: 002024 - Total Assets: 119.89 billion yuan, a 0.72% increase from the previous year [1][10]. - Net Assets: 12.49 billion yuan, a 0.45% increase from the previous year [1][10]. - Basic Earnings Per Share: 0.0054 yuan, a 237.50% increase year-on-year [1][10]. Financial Performance - Revenue: 25.89 billion yuan, up 0.44% year-on-year [1][10]. - Net Profit Attributable to Shareholders: 48.69 million yuan, up 230.03% year-on-year [1][10]. - Cash Flow from Operating Activities: 1.49 billion yuan, down 33.48% year-on-year [1][10]. - Total Expenses: Decreased by 0.53% due to improved internal management efficiency [11][13]. Business Operations - The company focused on enhancing its retail service capabilities, particularly in the home appliance and 3C sectors, with a 11.7% increase in offline store sales [1][10]. - The number of retail cloud franchise stores reached 10,100, with 297 new stores opened in the second quarter of 2025 [1][10]. - The company implemented a full-channel development strategy, resulting in a 14.45% increase in comparable store sales for home appliance and 3C stores [1][10]. Market Strategy - Suning.com capitalized on the "old-for-new" subsidy policy, expanding its product categories eligible for subsidies from 8 to 12 [1][10]. - The company enhanced its supply chain management through AI and big data technologies, improving demand forecasting and procurement efficiency [1][10]. - The company maintained a focus on user needs, continuously upgrading service products to enhance customer experience [1][10]. Competitive Landscape - The retail market remains highly competitive, with price wars impacting overall profit margins. The company reported a 1.25% decline in overall gross margin due to increased competition and a higher proportion of low-margin consumer electronics sales [11][12]. - Suning.com is committed to balancing short-term profitability with long-term growth, focusing on resource optimization and operational efficiency [13][14].

Core Viewpoint - The report highlights the operational performance and financial results of Suning.com for the first half of 2025, indicating a slight increase in revenue but a significant rise in net profit attributed to shareholders, alongside challenges in cash flow and net profit excluding non-recurring items [1][2]. Financial Performance - Total revenue for the reporting period reached CNY 25,894.76 million, a year-on-year increase of 0.44% compared to CNY 25,782.59 million [1]. - Net profit attributable to shareholders was CNY 48.69 million, marking a substantial increase of 230.03% from CNY 14.75 million in the same period last year [1]. - The net profit excluding non-recurring items was CNY -864.71 million, a decrease of 63.24% from CNY -529.71 million [1]. - The net cash flow from operating activities was CNY 1,490.08 million, down 33.48% from CNY 2,240.03 million [1]. - Basic and diluted earnings per share were CNY 0.0054, reflecting a 237.50% increase from CNY 0.0016 [1]. Company Overview - Suning.com operates under the stock code 002024 and is listed on the Shenzhen Stock Exchange [1]. - The total assets at the end of the reporting period were CNY 119,894.82 million, an increase of 0.72% from CNY 119,042.94 million [2]. - The net assets attributable to shareholders were CNY 12,486.93 million, a slight increase of 0.45% from CNY 12,430.61 million [2]. Strategic Initiatives - The company is focusing on a retail service provider development strategy, enhancing its network layout and service capabilities, particularly in the home appliance and 3C retail sectors [6]. - Suning.com has opened 37 new or renovated stores, including Suning Max and Suning Pro, and has accelerated the opening of retail cloud franchise stores, reaching a total of 10,100 stores by June 30, 2025 [7]. - The company is leveraging the "old-for-new" subsidy policy to boost sales, with offline store sales increasing by 11.7% year-on-year [6]. Supply Chain and Technology - Suning.com is enhancing its supply chain management through AI and big data technologies, aiming to improve demand forecasting and procurement efficiency [8]. - The company is building a specialized product system to better meet consumer needs and improve collaboration with suppliers [8]. - Investments in AI technology are being increased to enhance retail operations and customer experience [9].

第八届董事会第三十二次会议决议公告 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。 一、董事会会议召开情况 证券代码：002024 证券简称：ST 易购 公告编号：2025-038 苏宁易购集团股份有限公司 本次会议由董事长任峻先生主持，公司部分监事及部分高级管理人员列席了 会议，会议的召开符合《公司法》和《公司章程》的规定。 苏宁易购集团股份有限公司 董事会 《2025 年半年度报告》全文详见巨潮资讯网（http://www.cninfo.com.cn）， 《2025 年半年度报告摘要》详见巨潮资讯网 2025-040 号公告。 度计提资产减值准备的议案》。 本次会议应出席董事 9 人，实际出席会议董事 9 人，其中现场出席董事 1 人，以通讯表决方式出席董事 7 人、委托出席董事 1 人。董事关成华先生、贾红 刚先生、曹志坚先生、张康阳先生、独立董事陈志斌先生、杨波先生、冯永强先 生因工作原因以通讯表决方式参加了本次会议。董事沈沉女士因其他公务安排未 能亲自出席本次会议，委托董事长任峻先生代为出席会议并行使表决权。 公司第八届董事会审计委员会第十六次会议审 ...

Core Viewpoint - The documents provide detailed financial data regarding accounts receivable and intercompany transactions related to Suning Holdings Group and its subsidiaries, highlighting significant amounts and changes in various accounts over the reporting period. Group 1: Accounts Receivable - Suning Holdings Group has significant accounts receivable from various subsidiaries, including Jiangsu Suning Building Materials with 616 million and Shanghai Chengyu Media with 630 million [1][2]. - The total accounts receivable from related parties shows a notable increase, with amounts such as 4,337 million from Jiangsu Tongshi Ming Technology and 117,529 million from Suning Convenience Supermarket [3][4]. - The documents indicate a trend of increasing accounts receivable across multiple subsidiaries, reflecting ongoing business activities and potential liquidity implications [5][6]. Group 2: Intercompany Transactions - The intercompany transactions reveal substantial amounts, with figures like 4,031 million related to operational transactions and 32,568 million in other receivables from related parties [4][5]. - The documents detail various operational transactions, including sales of goods and services, with significant amounts recorded for subsidiaries such as Suzhou Suning Cloud and Chongqing Suning Cinema [2][3]. - There is a clear indication of ongoing financial interactions between Suning Holdings and its subsidiaries, which may impact overall financial health and operational efficiency [6][7]. Group 3: Financial Position - The financial data reflects a complex web of intercompany financial relationships, with total amounts reaching 299,306 million in various accounts, indicating a robust operational scale [7]. - The documents highlight the importance of monitoring these financial relationships as they can influence the liquidity and financial stability of the group as a whole [5][6]. - The year-end figures for accounts receivable and intercompany transactions suggest a need for careful management to ensure sustainable financial practices within the group [4][5].

证券代码：002024 证券简称：ST 易购 公告编号：2025-039 经审核，监事会认为董事会编制和审核的苏宁易购集团股份有限公司 2025 年半年度报告的程序符合法律、行政法规和中国证监会的规定，报告内容真实、 准确、完整地反映了上市公司的实际情况，不存在任何虚假记载、误导性陈述或 者重大遗漏。 《2025 年半年度报告》全文详见巨潮资讯网（http://www.cninfo.com.cn）， 《2025 年半年度报告摘要》详见巨潮资讯网 2025-040 号公告。 度计提资产减值准备的议案》。 苏宁易购集团股份有限公司第八届监事会第十三次会议于 2025 年 8 月 19 日以电子邮件的方式发出会议通知，2025 年 8 月 29 日在本公司会议室召开。本 次会议以现场结合通讯表决方式召开。 本次会议应出席监事 3 人，实际出席会议监事 3 人，其中现场出席监事 2 人，以通讯表决方式出席监事 1 人、委托出席监事 0 人。监事胡苏迪先生因工作 原因以通讯表决方式参加了本次会议。 本次会议由监事会主席孙为民先生主持，公司部分高级管理人员列席了会议， 会议的召开符合《公司法》和《公司章程》的规定。 二、 ...