证券代码：002187 证券简称：广百股份 公告编号：2025－053 广州市广百股份有限公司 2025 年第二次临时股东大会决议公告 本公司及其董事、高级管理人员保证公告内容真实、准确和完整，公告不 存在虚假记载、误导性陈述或者重大遗漏。 特别提示： 1、本次股东大会没有出现否决议案的情形。 （2）网络投票时间为2025年12月23日。其中，通过深圳证券交易所交易系 统 进 行 网 络 投 票 的 时 间 为 2025 年 12 月 23 日 9:15-9:25 ， 9:30-11:30 ， 下 午 13:00-15:00；通过互联网投票系统投票的时间为2025年12月23日9:15-15:00期间 的任意时间。 2、现场会议召开地点：广东省广州市越秀区西湖路 12 号 11 楼公司第一会 议室。 3、会议召开方式：现场表决与网络投票相结合的方式。 4、会议召集人：公司董事会。 5、会议主持人：董事长康永平先生。 6、本次会议符合《公司法》《上市公司股东会规则》等有关法律、行政法规、 部门规章、规范性文件和公司章程的规定。 2、本次股东大会没有涉及变更前次股东大会决议。 一、会议召开和出席情况 1、会议召开 ...

盈 隆 律 師 事 務 所 WINLONG LAW FIRM 地址：广州天河区珠江西路 17 号广晟国际大厦 39 层 电话：（020）83379916 传真：（020）83379936 邮政编码：5106230 广东盈隆律师事务所 关于广州市广百股份有限公司 2025 年第二次临时股东大会的 法律意见书 广东盈隆律师事务所 法律意见书 广东盈隆律师事务所 关于广州市广百股份有限公司 2025 年第二次临时股东大会的 法律意见书 致：广州市广百股份有限公司 本所及本所律师依据《中华人民共和国公司法》（以下简称"《公 司法》"）、《上市公司股东会规则》（以下简称"《股东会规则》"） 等有关法律、法规和其他规范性文件，以及《广州市广百股份有限公 司章程》（以下简称"《公司章程》"）的有关规定，就本次股东大 会相关事项出具本法律意见书。 在本法律意见书中，本所及本所律师仅就本次股东大会的召集 和召开程序、出席会议人员资格和召集人资格、会议的表决程序和表 决结果的合法有效性发表意见，并不对本次股东大会所审议议案的内 容以及该等议案所表述的事实或数据的真实性和准确性发表意见。 本所及本所律师系按照律师行业公认的业务标准 ...

证券代码：002187 证券简称：广百股份 公告编号：2025－055 广州市广百股份有限公司 第八届董事会第一次会议决议公告 本公司及其董事、高级管理人员保证公告内容真实、准确和完整，公告不 存在虚假记载、误导性陈述或者重大遗漏。 广州市广百股份有限公司（以下简称"公司"）第八届董事会第一次会议于 2025 年 12 月 23 日下午 16：30 时，在广东省广州市西湖路 12 号十一楼公司第 一会议室以现场结合视频方式召开。本次会议应到董事七名，实到七名，公司高 管人员列席，符合《公司法》和《公司章程》有关规定，合法有效。会议由康永 平先生主持，审议并通过如下决议： 2、董事会薪酬与考核委员会由以下 3 名董事组成，其中独立董事 2 名： 主任委员：郭天武 一、以 7 票同意，0 票反对，0 票弃权通过《关于选举公司第八届董事会 董事长的议案》，选举康永平先生为公司第八届董事会董事长（简历详见本公告 附件），任期自本次会议决议之日起至公司第八届董事会任期届满时止。 二、以 7 票同意，0 票反对，0 票弃权通过《关于公司第八届董事会专业 委员会成员组成的议案》，各专业委员会组成人员名单如下： 1、董事会战 ...

Group 1 - The core viewpoint of the news is that Guangbai Co., Ltd. has seen a stock price increase of 5.1%, reaching 8.66 yuan per share, with a trading volume of 505 million yuan and a turnover rate of 8.75%, resulting in a total market capitalization of 6.07 billion yuan [1] - Guangbai Co., Ltd. is located in Yuexiu District, Guangzhou, Guangdong Province, and was established on August 27, 1990. It was listed on November 22, 2007. The company's main business involves department store retail services, with revenue composition as follows: 88.10% from commercial activities, 7.34% from leasing, and 4.57% from other supplementary services [1] Group 2 - From the perspective of major circulating shareholders, a fund under Dacheng Fund ranks among the top ten circulating shareholders of Guangbai Co., Ltd. The Dacheng Jingheng Mixed A Fund (090019) entered the top ten in the third quarter, holding 4.8936 million shares, which accounts for 0.95% of the circulating shares. The estimated floating profit today is approximately 2.0553 million yuan [2] - The Dacheng Jingheng Mixed A Fund (090019) was established on June 15, 2012, with a latest scale of 694 million yuan. Year-to-date returns are 41.14%, ranking 1537 out of 8170 in its category; the one-year return is 33.69%, ranking 2050 out of 8139; and since inception, the return is 373.9% [2] - The fund manager of Dacheng Jingheng Mixed A is Su Bingyi, who has a cumulative tenure of 13 years and 321 days. The total asset scale under his management is 1.9 billion yuan, with the best fund return during his tenure being 249.11% and the worst being -71.74% [2] Group 3 - From the perspective of the fund's top holdings, the Dacheng Jingheng Mixed A Fund (090019) has Guangbai Co., Ltd. as its second-largest holding, with 4.8936 million shares, accounting for 2.06% of the fund's net value. The estimated floating profit today is approximately 2.0553 million yuan [3]

A股退税商店板块短线回升，广百股份短线拉升涨超6%。 ...

Core Viewpoint - Guangbai Co., Ltd. has shown a significant increase in stock price and trading activity, despite a decline in revenue and net profit for the year [1][2]. Group 1: Stock Performance - As of December 22, Guangbai's stock price increased by 2.55% to 8.45 CNY per share, with a trading volume of 4.29 billion CNY and a turnover rate of 7.46%, resulting in a total market capitalization of 59.23 billion CNY [1]. - Year-to-date, Guangbai's stock price has risen by 20.03%, with a 12.52% increase over the last five trading days, a 31.83% increase over the last 20 days, and a 25.93% increase over the last 60 days [1]. - The company has appeared on the trading leaderboard eight times this year, with the most recent appearance on December 16 [1]. Group 2: Financial Performance - For the period from January to September 2025, Guangbai reported a revenue of 2.787 billion CNY, a year-on-year decrease of 31.60%, and a net profit attributable to shareholders of -30.9974 million CNY, reflecting a year-on-year decrease of 159.01% [2]. - The number of shareholders as of September 30 was 34,300, a decrease of 14.47% from the previous period, while the average circulating shares per person increased by 16.92% to 15,079 shares [2]. Group 3: Shareholder and Dividend Information - Since its A-share listing, Guangbai has distributed a total of 1.358 billion CNY in dividends, with 49.2827 million CNY distributed over the last three years [3]. - As of September 30, 2025, the top ten circulating shareholders included Dazhong Jingheng Mixed A (090019) as the seventh largest shareholder, holding 4.8936 million shares as a new investor [3].

12月16日，广百股份收盘2连板涨停，沪深京交易所数据显示，截至当日收盘，广百股份报8.26元/股， 成交额6.71亿元，总市值57.89亿元，封板资金4379.2万元，2个交易日2次涨停。 异动原因 涨跌停原因： 1. 行业层面：中央经济工作会议将扩大内需列为明年重点任务之首，多部门推出具体政策举措，内需相 关行业获政策利好支撑。 2. 公司层面： - 作为广州销售规模最大的百货零售龙头，直接受益扩内需政策红利； - 推进数智化转型，首创"66电商节"实现线上线下联动，拓展免税店等新业态； - 广州市内首家免税店已在旗下广州友谊国金商店首层落地运营，助力活跃入境消费； - 最终控制人为广州市国资委，具备国企改革属性。 业绩方面，2025年1月-9月，广百股份实现营业收入27.87亿元，同比减少31.60%；归属净利润-3099.74 万元，同比减少159.01%。 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。 来源：市场资讯 ...

Group 1: Retail Sector Performance - Major consumer stocks, particularly in retail, duty-free, and food and beverage sectors, showed strong performance on December 19, with notable gains in various companies [1] - Central Plaza and Shanghai Jiubai achieved consecutive gains, while Debi Group, Dalian Friendship, and Dongbai Group hit the daily limit up, with New World rising by 9% [1] - Key retail stocks and their performance include: - Debi Group: +19.99% at 22.51 - Central Plaza: +10.04% at 5.15 - Shanghai Jiubai: +10.02% at 11.09 - Dalian Friendship: +10.01% at 9.12 - Dongbai Group: +9.99% at 18.93 - New World: +9.00% at 9.69 [2] Group 2: Food and Beverage Sector Performance - The food and beverage sector also saw significant gains, with Huanlejia rising over 13%, and Hongmian Co. and Zhuangyuan Ranch hitting the daily limit up [1] - Key food and beverage stocks and their performance include: - Huanlejia: +13.19% at 32.61 - Hongmian Co.: +10.03% at 3.73 - Zhuangyuan Ranch: +9.99% at 13.65 - Knight Dairy: +9.49% at 11.77 [3] Group 3: Duty-Free Sector Performance - The duty-free sector experienced positive movement, with China Duty Free Group rising nearly 7%, and other companies like Guangbai Co. and Nanning Department Store also seeing gains [1] - Key duty-free stocks and their performance include: - China Duty Free Group: +6.92% at 81.79 - Guangbai Co.: +4.80% at 8.29 - Nanning Department Store: +4.58% at 7.08 [4]

Core Viewpoint - The retail sector in the A-share market has shown signs of recovery after a prolonged period of decline, driven by recent favorable policies and a shift in consumer behavior towards increased domestic demand [6][9][30]. Group 1: Market Performance - The leading retail company, Yonghui Supermarket, has seen its stock price drop nearly 70% since April 2020, prior to the recent market rally [1]. - Other retail companies, such as Dongbai Group, have also experienced stagnant performance, with many retail stocks recently showing significant gains, including multiple trading halts due to price increases [3][9]. Group 2: Policy Support - Recent government policies emphasize the importance of domestic demand and consumer spending, with the central economic work conference prioritizing the construction of a strong domestic market [7]. - The National Development and Reform Commission has reiterated its commitment to expanding domestic demand and enhancing consumer capacity, indicating a clear intention to boost consumption [7][8]. Group 3: Economic Indicators - In the first nine months of 2025, the value added by wholesale and retail industries grew by 5.6%, maintaining a stable GDP contribution of 10.3% [11]. - Retail sales increased by 4.6%, with physical retail formats like convenience stores and supermarkets showing growth [12][13]. Group 4: Industry Challenges - The retail industry has faced unprecedented challenges, particularly from e-commerce, which has permanently shifted consumer behavior towards online shopping [18]. - Traditional retailers are experiencing rising operational costs, which are squeezing profit margins, leading to significant performance disparities among companies [18][20]. Group 5: Transformation and New Trends - The retail sector is undergoing a transformation from a focus on scale expansion to high-quality development, emphasizing customer experience over mere product sales [20][28]. - New retail formats are emerging, with companies like Hema and discount stores expanding rapidly, indicating a shift in competitive dynamics within the industry [25][27]. Group 6: Future Outlook - Despite recent positive signals, the retail sector's fundamental challenges remain, with ongoing adjustments and potential for further differentiation among companies based on their ability to adapt [30].

Core Viewpoint - The retail sector in A-shares has been underperforming for several years, but recent policy support and market enthusiasm may signal a potential turnaround for the industry [2][6][8]. Group 1: Market Conditions and Policy Support - The retail sector has seen a collective uptick recently, driven by a series of favorable policies aimed at boosting domestic consumption [6][8]. - The Central Economic Work Conference prioritized "domestic demand" as a key task, emphasizing the need to enhance consumer willingness and capacity [9][10]. - The Ministry of Commerce has redefined the retail sector's role as a crucial component in building a complete domestic demand system [11][12]. - Upcoming policies are expected to stimulate consumption, particularly in service-oriented sectors [10][13]. Group 2: Economic Indicators - From January to September 2025, the value added by wholesale and retail industries grew by 5.6%, maintaining a stable GDP contribution of 10.3% [15]. - Retail sales increased by 4.6%, with physical retail formats like convenience stores and supermarkets showing growth [16][17]. - The approaching Spring Festival is anticipated to further boost offline retail activities, contributing to a positive market sentiment [18]. Group 3: Market Behavior and Valuation - Consumer stocks have shown signs of recovery, with valuations at historically low levels; for instance, the food and beverage sector's latest P/E ratio is 20.36, at a percentile of 7.05% [19][20]. - The prolonged period of low valuations has created a technical rebound demand in the retail sector [21][22]. Group 4: Industry Challenges and Transformations - The retail industry has faced unprecedented challenges, particularly from e-commerce, which has permanently shifted consumer behavior towards online shopping [24][25][28]. - Traditional retailers are experiencing rising operational costs, which are squeezing profit margins [29]. - Performance disparities among retail companies are evident, with some struggling to adapt while others, like Bubu Gao, have seen significant revenue growth due to successful transformations [32][36]. Group 5: New Business Models and Innovations - The retail landscape is evolving, with a shift from mere product sales to enhancing customer experiences [38][39]. - Companies are increasingly focusing on operational efficiency and cost control, with strategies like closing underperforming stores and optimizing organizational structures [42][43]. - New retail formats, such as discount stores and instant retail, are emerging, intensifying competition within the sector [45][46]. Group 6: Future Outlook - The retail sector is at a crossroads, with the potential for recovery tempered by ongoing challenges from e-commerce and changing consumer behaviors [58][62]. - While leading companies may benefit from valuation rebounds, those unable to adapt may face continued difficulties [63].