证券代码：002024 证券简称：ST 易购 公告编号：2025-043 苏宁易购集团股份有限公司 第八届董事会第三十三次会议决议公告 本次会议由董事长任峻先生主持，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、董事会会议审议情况 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 苏宁易购集团股份有限公司第八届董事会第三十三次会议于 2025 年 9 月 5 日以电子邮件方式发出会议通知，2025 年 9 月 9 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。 本次会议应出席董事 9 人，实际出席会议董事 9 人，其中现场出席董事 2 人，以通讯表决方式出席董事 7 人、委托出席董事 0 人。董事关成华先生、贾红 刚先生、曹志坚先生、张康阳先生、沈沉女士、独立董事陈志斌先生、冯永强先 生因工作原因以通讯表决方式参加了本次会议。 1、以 9 票同意、0 票反对、0 票弃权的结果审议通过了《关于苏宁国际子 公司 Carrefour China Holdings N.V.出售子公司股权的议案 ...

个人消费贷款贴息政策于9月1日起正式落地实施。苏宁易购联合支付宝正式上线"国家贴息"优惠，消费 者在苏宁易购线上平台购物时，可享1%财政贴息，多笔订单最高可省3000元。目前，苏宁易购平台超 90%家电3C产品已接入该项优惠。 ...

继8月12日财政部、央行、金融监管局三部门印发《个人消费贷财政贴息政策实施方案》后，个人消费 贷款贴息政策于9月1日起正式落地实施。涵盖家居家装、电子产品、文化旅游、健康医疗等多个消费领 域，消费者均可享受贴息福利。为助力更多消费者用好、用足国家补贴政策红利，苏宁易购联合支付宝 正式上线"国家贴息"优惠。消费者在苏宁易购线上平台购物时，可享1%财政贴息，多笔订单最高可省 3000元。 业内人士指出，个人消费贷款贴息是国家促消费、惠民生的重要举措。苏宁易购联合支付宝率先响应政 策、快速落地，将充分发挥双方在零售、支付领域的差异化优势，让更多消费者以更低门槛享受到更优 质的家电3C产品，为消费市场扩容提质注入增长新动能。 苏宁易购表示，将立足秋季家装旺季承接国家促消费政策，释放"以旧换新补贴+国家贴息"双重优惠叠 加效应，加大功能新、体验优的智能绿色家电3C产品普及推广力度，以更全面的供给、更好的场景、 更大的优惠满足消费者对于品质生活的向往。 苏宁易购负责人介绍，"国家贴息"产品将覆盖苏宁易购全站商品，付款金额大于等于20元即可参与，目 前苏宁易购平台超90%家电3C产品已接入该项优惠。正值秋季家装消费旺季，苏 ...

Core Viewpoint - The article highlights the implementation of the "Consumption Promotion Special Action Plan" in 2025, focusing on enhancing service consumption and establishing community service networks, with Su Ning Bang Ke actively developing community-based service models to meet local needs [1][6]. Group 1: Service Expansion - Su Ning Bang Ke has opened 500 community service stations and launched its first home appliance cleaning and maintenance center in Nanjing Xianlin, expanding services to include home cleaning, appliance recycling, home renovation, and indoor air treatment [3]. - The service center offers a one-stop service loop from appliance selection, installation, cleaning, maintenance to recycling and replacement, enhancing customer convenience [3]. Group 2: Customer Engagement - The service model includes face-to-face diagnostics by experienced engineers and an online "help group" for service appointments and quick responses, facilitating user interaction and support [5]. - The "help group" has attracted over 400 residents within a week, providing professional advice and immediate service, showcasing the effectiveness of the community engagement strategy [5]. Group 3: Service Standards - Su Ning Bang Ke has established a "321" service standard, ensuring a response in 3 minutes, on-site service in 2 hours, and completion within 1 hour, aiming to build long-term trust with users [5]. - The integration of online and offline services not only improves efficiency but also creates a user interaction loop encompassing consultation, service appointment, experience sharing, and after-sales follow-up [5]. Group 4: Future Directions - The company is committed to exploring new paths for integrating appliance service with community needs, emphasizing that service extends beyond after-sales to encompass comprehensive user care and deep connections [6]. - Future initiatives will focus on resource integration, service fusion, and digital empowerment to build a reliable and sustainable community service ecosystem [6].

Group 1 - The core point of the article highlights that Suning.com is launching a major expansion of its stores during the peak consumption season of "Golden September and Silver October," with plans to open or upgrade 318 stores nationwide [1] - The company is focusing on enhancing its flagship store formats, specifically the Suning Max and Suning Pro stores, with 25 new openings planned in key urban areas [1] - Suning Max stores are designed to provide integrated solutions that are intelligent, complete, and social, aiming to improve user experience and operational efficiency [1] Group 2 - The Nanjing Xinjiekou Suning Max model store is set to expand with the introduction of an AB pavilion, which aims to enhance customer experience and foot traffic [3] - The A pavilion, which opened in April, achieved impressive sales of 1.6 billion yuan within six days, establishing itself as an industry benchmark [3] - The upcoming B pavilion is expected to further amplify consumer potential in the core business district, creating a new landmark for home consumption [3] Group 3 - Financial reports indicate that Suning.com’s store sales revenue increased by 11.7% year-on-year in the first half of the year, with home appliance and 3C store revenue rising by 14.45% [5] - The company’s sales per unit area improved by 11.12%, reflecting a continuous enhancement in operational quality [5] - Industry experts believe that with the successful implementation of the flagship store model and the upcoming National Day consumption peak, Suning.com is entering a new phase of accelerated offline development [5]

Group 1: Open Market Operations - The central bank announced a reverse repurchase operation of 212.6 billion yuan for 7 days at a fixed rate of 1.40% on September 4, with a total bid amount of 212.6 billion yuan and a successful bid amount of 212.6 billion yuan. On the same day, 416.1 billion yuan of reverse repos matured, resulting in a net withdrawal of 203.5 billion yuan [1]. Group 2: Funding Conditions - The central bank has conducted net withdrawals for four consecutive days; however, the interbank funding conditions remain stable, with the overnight repo weighted average rate around 1.30%. The overnight quotes in the anonymous click (X-repo) system also maintain at 1.30%, with supply exceeding 100 billion yuan. Non-bank institutions are borrowing overnight against certificates of deposit and credit bonds, with the latest quotes around 1.45%-1.48% for overnight and 1.46%-1.48% for seven-day funds [3]. Group 3: Interbank Certificates of Deposit - The latest transaction rate for one-year interbank certificates of deposit among major banks is at 1.66%, remaining stable compared to the previous day [6]. Group 4: Bond Market Overview - The yields on major interbank bonds have shown mixed movements, with government bond futures closing mostly higher. The 30-year main contract rose by 0.26%, the 10-year main contract increased by 0.13%, the 5-year main contract went up by 0.06%, while the 2-year main contract fell by 0.01% [10]. Group 5: Policy and Industry Developments - The central bank plans to conduct a 1 trillion yuan reverse repurchase operation on September 5, with a term of 3 months (91 days), to maintain liquidity in the banking system [11]. - The State Council issued an opinion to enhance the sports industry, aiming to cultivate influential sports enterprises and events by 2030, with the total scale of the sports industry expected to exceed 7 trillion yuan. Financial support for the sports industry will be increased, including optimizing financing services and encouraging the issuance of bonds and asset securitization [11]. - The China Securities Association has initiated a quality evaluation for investment banking and bond business, with materials due by September 15, reflecting a systematic and standardized evaluation process [11].

Core Viewpoint - Suning.com is gradually recovering from its financial struggles by focusing on its core business and optimizing its asset-liability structure, while also shedding non-core assets to improve profitability and reduce debt burden [5][21][45]. Financial Performance - In the first half of the year, Suning.com reported revenue of approximately 26 billion yuan, a slight increase of 0.44% year-on-year, marking its first revenue growth in six years [5][7]. - The net profit for the same period was 48.69 million yuan, a significant increase of 230.03% compared to the previous year [7]. - The company’s cash flow from operating activities decreased by 33.48% year-on-year, indicating ongoing liquidity challenges [7][44]. Strategic Moves - Suning.com has opened 37 new or renovated stores in first- and second-tier cities, focusing on enhancing its offline presence [8]. - The company has disposed of four underperforming Carrefour supermarkets, which helped to eliminate 5 billion yuan in debt and improve its financial statements [9][28]. - A settlement with Carrefour involved a payment of 220 million yuan to clear historical debts, which is expected to add approximately 11.1 billion yuan in debt restructuring gains [30][33]. Management and Governance - Zhang Jindong, the founder, remains influential as the second-largest shareholder, holding 17.7% of the company [14][17]. - The board of directors includes members from the Suning system, indicating strong internal control over company decisions [15][17]. Focus on Core Business - The company is concentrating on its core home appliance and 3C (computer, communication, consumer electronics) business, aiming to enhance profitability and reduce debt levels [21][40]. - Suning.com is leveraging government subsidies to strengthen its offline stores and improve sales performance [42][44]. Market Position and Future Outlook - Despite the challenges, Suning.com has seen a 11.7% increase in sales revenue from its stores in the first half of the year, with a 14.45% increase in comparable store sales in the home appliance and 3C categories [44]. - The company is expected to continue its efforts in optimizing its operations and expanding its market presence to achieve sustainable growth [45].

Group 1 - The core viewpoint of the article highlights the launch of Fotile's integrated cooking center Z series in collaboration with Suning, aiming to redefine modern kitchen experiences through immersive scenarios and technology [1][4] - The Z series addresses the evolving consumer demands for convenience, health, emotional connection, and aesthetic expression in kitchen appliances, moving beyond basic functionality [1] - The design of the Z series integrates multiple cooking functions such as range hoods, stoves, steamers, and ovens into a single axis, optimizing space for Chinese households [1] Group 2 - Suning's strategy focuses on upgrading kitchen appliance consumption from single product purchases to comprehensive scene solutions, enhancing user experience through technology [4] - The collaboration aims to launch a nationwide tasting event themed "Yuyue New Kitchen" to promote innovative kitchen solutions, blending technology with daily life [4] - During the peak home decoration season, Suning and Fotile are offering significant subsidies and promotions to meet consumer demand for efficient and intelligent kitchen products [4]

Market Overview - On September 2, the internet e-commerce sector declined by 2.43%, with Focus Technology leading the drop [1] - The Shanghai Composite Index closed at 3858.13, down 0.45%, while the Shenzhen Component Index closed at 12553.84, down 2.14% [1] Stock Performance - Key stocks in the internet e-commerce sector showed varied performance, with New Xunda closing at 14.94, up 1.56%, while Focus Technology closed at 49.93, down 5.18% [1][2] - Other notable declines included Yiwang Yichuang down 4.36% and Aoki Technology down 4.05% [2] Trading Volume and Capital Flow - The total trading volume for the internet e-commerce sector was significant, with New Xunda achieving a trading volume of 135,900 hands and a transaction value of 202 million yuan [1] - The sector experienced a net outflow of 390 million yuan from main funds, while retail investors saw a net inflow of 335 million yuan [2][3] Individual Stock Capital Flow - Focus Technology had a main fund net outflow of 5.18% with a trading volume of 98,400 hands [2][3] - Other stocks like ST Tongpu and Star徽股份 also experienced significant net outflows from main funds, indicating a trend of capital withdrawal from these stocks [3]

Group 1 - The opening of the first Suning Plus flagship store in Changsha County marks a significant upgrade in the local home appliance retail sector, with a total area exceeding 6,000 square meters and over 100 brands including Haier, Casarte, Huawei, and Apple [1][4] - The store features an immersive interactive space with a large screen for brand launches and various events, enhancing the offline shopping experience and integrating technology with social interaction [3] - The store's innovative model of "scene experience + technology empowerment" is seen as a new example for the transformation of traditional retail, contributing to the high-quality development of the regional consumer market [4] Group 2 - The store showcases cutting-edge products such as foldable smartphones and smart wearable devices from global brands like Huawei, Apple, and Samsung, allowing consumers to experience the latest technology [5] - A "1V1 home appliance concierge" service is offered, providing professional guidance throughout the entire process from product selection to installation and after-sales service, creating a one-stop solution for home scenarios [5] - The store is designated as a key unit for the government's "old-for-new" program, offering substantial subsidies that can reach up to 60% through various combined incentives [5]