经济观察网 截至2026年2月26日收盘，步步高（002251.SZ）股价下跌2.81%，报收4.84元，低于其60日 移动平均线价格5.338元，创下60日新低。 根据公司在2026年1月30日发布的业绩预告，预计2025年归属于上市公司股东的净利润为1亿元至1.5亿 元，同比下滑87.62%-91.75%。利润下滑主要由于2024年公司确认了28.79亿元的大额重整收益，而2025 年此类非经常性收益大幅减少，使得利润回归常态经营水平。尽管扣除非经常性损益的净利润同比大幅 减亏，显示出主营业务有所改善，但市场可能更关注净利润的整体规模收缩。 股价情况 股票近期走势 当日，公司股价表现弱于大盘及所属板块。上证指数微跌0.01%，深证成指上涨0.19%，而公司所属的 商贸零售板块和一般零售板块分别下跌1.22%和1.51%。从资金面看，当日主力资金净流出8329.79万 元，可能对股价形成压力。 公司基本面 从技术指标看，公司股价的MACD指标差离值为负，KDJ指标也处于低位，显示短期趋势偏弱。20日移 动平均线（5.099元）构成近期压力位。 以上内容基于公开资料整理，不构成投资建议。 ...

（文章来源：证券日报） 证券日报网讯 2月24日，步步高在互动平台回答投资者提问时表示，公司已于2026年1月30日披露 《2025年年度业绩预告》，请查阅相关公告。 ...

Ship C D N K # . 177 黄米油糕是陕北风味的杰出代表，以富县、黄陵最为知名，制作技艺已入选市级非物质文化遗产名录。黄 米油糕由陕北特有的黄软糜子，经过去壳、浸泡、碾磨、发酵、蒸制、油炸等多种复杂工序制成，工艺传 统、选料上乘、口感软糯、滋味香甜。在延安，黄米油糕承载着传统年味的情怀，是家家户户为过年准备 的标志性食物。 编辑：韩睿 ...

Group 1 - The article highlights the tradition of climbing to pray for blessings at the Badaochu Park on the first day of the Lunar New Year, with many citizens participating in this activity to start the new year positively [1][5]. - A significant number of families, including three generations, visit the park annually, indicating a strong cultural practice among the local population [5]. - The park is known for its scenic beauty and historical significance, making it a popular destination for New Year celebrations [5]. Group 2 - Citizens express their wishes by hanging red silk ribbons, with each ribbon representing personal stories and hopes for the new year [10][14]. - The act of writing wishes by hand is emphasized as a way to add a personal touch and warmth to the blessings, contrasting with the convenience of digital messages [14]. - Specific wishes include health for children and enduring love for couples, showcasing the diverse hopes of the community [10][14].

Core Insights - The article highlights the increasing demand for traditional rice cakes in Shanghai as the Lunar New Year approaches, reflecting local culinary preferences and cultural significance [1][2][3] Group 1: Market Demand - There is a notable surge in orders for traditional rice cakes, particularly in the lead-up to the Lunar New Year, with producers experiencing a significant increase in workload [1][2] - The popularity of rice cakes is attributed to their cultural significance, as they symbolize good fortune and prosperity during the festive season [1][3] Group 2: Production and Innovation - Producers like Shen Huijin have adapted their operations to meet rising demand, often working late into the night to prepare ingredients and fulfill orders [1][2] - Newer companies, such as Afang Cake Group, are innovating by offering smaller, more intricate cake designs with unique flavors, catering to modern consumer preferences [4][5] Group 3: Consumer Preferences - Corporate clients are increasingly seeking high-quality, aesthetically pleasing food items for events, moving away from generic options to more unique and thoughtful offerings [4][5] - The emphasis on presentation and emotional value in food products is becoming a key factor in consumer purchasing decisions, especially for corporate events [5] Group 4: Industry Dynamics - The food production industry in Shanghai is experiencing a busy season, with companies ramping up operations to meet the demands of festive periods like the Lunar New Year [6] - The competitive landscape is shifting as businesses strive to differentiate their products through innovative designs and flavors, reflecting changing consumer expectations [4][5]

Group 1 - The city of Shanghai is experiencing a warm-up before the Lunar New Year, with temperatures reaching 21℃ to 22℃ during the day [2] - A cold front is expected to arrive tonight, bringing light to moderate rain, with temperatures dropping to 5℃ to 8℃ on New Year's Eve [2] - The weather will transition from rain to clear skies from the first to the sixth day of the new year, with temperatures gradually rising again [2]

Company Projects - The company plans to launch three major department store projects in Hengyang, Xiangtan, and Huaihua in 2026, scheduled for mid-year and year-end, respectively [2] - The strategy includes a "super department store + super shopping center" dual-drive approach to strengthen local market presence [2] Strategic Advancement - The company has designated 2026 as the "Quality and Efficiency Year," focusing on deepening its presence in the Hunan market by optimizing store efficiency and supply chain effectiveness to enhance operational quality, with no plans for expansion outside the province [3] Shareholder Situation - The restructuring plan of the company's largest shareholder, Bubu Gao Investment Group, was not fully approved by all creditors in 2025, and subsequent negotiations and voting will proceed legally; 193 million shares (7.19% of total shares) held by the group have been judicially frozen until 2028 as a protective measure for the restructuring process [4] - The company resolved its debt crisis through judicial restructuring in 2025 and achieved revenue growth and cash flow improvement by implementing a "Fat Donglai-style" adjustment [4] - The 2025 performance forecast indicates a net profit expected between 100 million to 150 million yuan, but the non-recurring net profit remains in the red, necessitating further observation of the sustainability of main business profitability [4]

Core Insights - Zhengzhou's market regulation system has achieved significant milestones in 2025, including the establishment of 137,800 new business entities, bringing the total to 2,238,600, and resolving nearly 5,000 cases, recovering 100 million yuan for consumers [1][2] - The city is focusing on enhancing the business environment and has implemented innovative measures such as the "AI Enterprise Name Treasure" to reduce business registration time to 10 minutes and business cancellation to approximately 3 hours [2] - The market regulation system aims to support the national unified market construction and enhance intellectual property protection, with goals to increase the number of effective invention patents to over 50,000 by 2026 [3][4] Summary by Sections Achievements in 2025 - The market regulation system has optimized the business environment, significantly reducing the time for enterprise registration and cancellation [2] - Quality initiatives have led to three companies winning the Henan Provincial Governor's Quality Award and twelve being recognized as national "Enterprise Standard Leaders" [2] - Intellectual property efforts have resulted in eight patents winning the China Patent Award, with a high-value invention patent ownership rate of 13 per 10,000 people [2] Focus for 2026 - The primary task is to support the national unified market construction, with a focus on key areas and the implementation of "AI + Fair Competition Review" [3] - The system will promote reforms such as "One Industry, One Certificate" and expand financial product coverage to support private enterprises [3] - Quality initiatives will target 20 key industrial chains, and the establishment of a measurement testing center for the wheat industry is planned [3] Regulatory Actions - Continuous efforts will be made to ensure market order and safety, with a focus on food and drug safety, product quality, and consumer protection [3] - A "Hundred-Day Campaign" will be launched to address corruption and misconduct in areas affecting the public, such as medical insurance and school meals [3][4] - The market regulation system aims to inject strong momentum into the modernization of Zhengzhou through practical and efficient governance [4]

证券代码：002251 证券简称：步步高 公告编号：2026-002 近日，公司收到股东步步高投资集团的告知函，现将有关情况公告如下： 1 一、《重整计划草案》表决情况 步步高投资集团等七家公司实质合并重整案第二次债权人会议、出资人组会 议于 2025 年 11 月 24 日召开，各表决权组依法对《重整计划草案》进行表决。 出资人组于 2025 年 11 月 24 日完成了对《重整计划草案》之出资人权益调整方 案的表决，债权人组的表决期限于 2026 年 1 月 31 日中午 12 时 00 分届满。 步步高商业连锁股份有限公司 关于股东及其子公司实质合并重整案出资人组及第二次债 权人会议表决结果的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误 导性陈述或重大遗漏。 重要内容提示： 1. 步步高商业连锁股份有限公司（以下简称"步步高股份"或"公司"） 于近日收到股东步步高投资集团股份有限公司（以下简称"步步高投资集团"） 的《关于重整计划草案的表决结果的告知函》（以下简称"告知函"）。 2.目前，公司无实际控制人，公司与股东步步高投资集团在资产、业务、财 务等方面保持独立。《步 ...

Core Viewpoint - The company announced that it received a notification from its shareholder, Bubu Gao Investment Group, regarding the upcoming creditor meetings related to the restructuring plan [1] Group 1: Restructuring Details - A second creditor meeting and investor group meeting for the substantive merger restructuring case will be held on November 24, 2025 [1] - The investor group voted to approve the equity adjustment plan, while the tax creditor group approved the draft restructuring plan [1] - The property secured creditor group and ordinary creditor group did not approve the draft restructuring plan, resulting in it not being passed [1] Group 2: Shareholder Information - Bubu Gao Investment Group holds 193 million shares, accounting for 7.19% of the total share capital [1] - The company maintains independence from this shareholder, and the restructuring matters do not affect its daily operations [1] Group 3: Future Actions - The management will organize further negotiations for voting on the restructuring plan [1] - The company will continue to disclose updates regarding the restructuring process [1]