证券代码：002561 证券简称：徐家汇 公告编号：2025-032 召开本次会议的通知已于 2025 年 9 月 19 日以邮件和微信方式发出。本次会 议应出席董事 9 名，实际出席董事 9 名。本次会议由公司董事长韩军先生主持， 公司全体监事、高级管理人员、董事会秘书及证券事务代表列席会议。会议召开 符合《公司法》及《公司章程》的有关规定。 二、董事会会议审议情况 会议就提交的议案形成以下决议： 1、审议通过《关于修订<关联交易决策制度>的议案》，本议案尚需提交股 东会审议 表决情况：同意 9 票，反对 0 票，弃权 0 票。 上海徐家汇商城股份有限公司 第八届董事会第十八次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、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 上海徐家汇商城股份有限公司（以下简称"公司"）第八届董事会第十八次 会议于 2025 年 9 月 23 日下午以通讯表决方式召开。 同意公司根据《中华人民共和国公司法》（2023 年修订）、《深圳证券交易所 股票上市规则》（2025 年修订）、《深圳证券交易所自律监管指引第 1 号——主板 上市公司规 ...

Core Insights - Xu Jia Hui (002561) experienced a net financing purchase of 1.08 million yuan on September 22, 2025, with a financing balance of 12.8 million yuan, indicating a positive trend in investor sentiment [1][2][3] Financing Activity Summary - On September 22, 2025, the net financing purchase was 1.08 million yuan, with a financing balance of 12.8 million yuan, representing 3.47% of the circulating market value [2] - Over the past three trading days, the cumulative net financing purchase reached 2.56 million yuan, with 14 out of the last 20 trading days showing net financing purchases [1] - The financing balance increased by 0.85% compared to the previous day, reflecting a growing interest in the stock [3] Historical Financing Data - The financing balance on September 19 was 12.7 million yuan, with a net financing purchase of 341,700 yuan, and on September 18, it was 12.7 million yuan with a net financing purchase of 1.13 million yuan [2] - On September 17, there was a significant net financing outflow of 8.68 million yuan, leading to a financing balance of 12.5 million yuan [3] - The overall financing and securities lending balance was 12.8 million yuan on September 22, showing a positive change of 1.08 million yuan [3]

Group 1 - The core project "New Six Hundred HUB" will be built on the site of the former Shanghai Six Hundred, featuring a total construction area of approximately 42,500 square meters, with 30 floors above ground and 2 underground, expected to debut around 2028 [1][3] - The project represents a significant upgrade from the previous plan, increasing the construction area from 19,200 square meters to 42,500 square meters, and the total investment amount from 708 million yuan to approximately 1.698 billion yuan [3] - The Xu Jia Hui commercial area has undergone multiple planning adjustments over the past 30 years, transitioning from a traditional shopping hub to a modern commercial and cultural integration space [2][6] Group 2 - The Xu Jia Hui area is characterized by its integration with cultural and tourism resources, enhancing its appeal as a living and travel destination [6][7] - Recent activities, such as the "Sea Style ZIKAWEI·Summer Waltz" series, aim to connect various commercial entities and cultural events, fostering a vibrant community atmosphere [7] - The Xu Jia Hui area is evolving into a complex lifestyle experience space, moving beyond mere sightseeing to encompass shopping, cultural exploration, and recreational activities [6][7]

Core Viewpoint - The company Xu Jia Hui has announced a significant increase in investment for the "Shanghai Liu Bai" urban renewal project, raising the total investment from 7.08 billion yuan to 16.98 billion yuan, an increase of nearly 140% [1][2]. Investment Project Overview - The "Shanghai Liu Bai" project, originally established in 1952, is undergoing demolition and reconstruction to create a modern shopping center that meets contemporary consumer needs [1][2]. - The total construction area of the project will increase from 19,200 square meters to 42,500 square meters, with the number of floors rising from 10 above ground and 1 below ground to 30 above ground and 2 below ground [2]. - The construction period has been extended from an estimated 18 months to 30-36 months, and the investment recovery period has increased from 15-17 years to the 19th year of operation [2]. Funding Source Changes - The funding strategy for the project has shifted from primarily using the company's own funds to a combination of self-funding and external financing [3]. - The company acknowledges that the adjustments will lead to increased upfront costs and extended construction and return periods, impacting short-term performance [3]. Strategic Development Context - The investment adjustment aligns with the "Big Xu Jia Hui" development strategy promoted by the Xu Hui District of Shanghai, aimed at enhancing the commercial landscape and upgrading the Xu Jia Hui business district [4][5]. - The project will feature a combination of apartment-style hotels and flagship stores, designed to attract high-end consumers and create a cycle of living and consumption [5]. Financial Performance - In the 2024 annual report, the company reported total revenue of 438 million yuan, a year-on-year decrease of 19.11%, and a net profit of 4.225 million yuan, down 94.38% [6]. - The 2025 semi-annual report indicated a total revenue of 189 million yuan for the first half of the year, a decrease of 16.44%, but a net profit of 466,470 yuan, reflecting a significant increase of 325.65% year-on-year [6].

Core Viewpoint - The company is adjusting its major investment project, the Shanghai Liu Bai Urban Renewal Project, to align with the updated urban planning requirements and enhance its future transformation and development [3][11][19]. Group 1: Board Meeting Summary - The 17th meeting of the 8th Board of Directors was held on September 17, 2025, with all 9 directors present, and the meeting complied with relevant laws and regulations [2]. - The board approved the proposal to adjust the major investment project, which will be submitted for shareholder approval [3][4]. - The adjustment is necessary due to significant changes in building indicators from the urban planning proposal, aiming to align the project with local planning and promote regional economic development [3][11]. Group 2: Project Adjustment Details - The project adjustment includes changes in construction content, functional positioning, and total investment to meet the updated urban planning requirements [11][14]. - The total planned investment for the Shanghai Liu Bai Urban Renewal Project is approximately 1.698 billion yuan, including related surrounding infrastructure projects [10]. - The board also approved a new round of design bidding for the project, with an estimated design contract amount not exceeding 15 million yuan [5][8]. Group 3: Impact and Feasibility Analysis - The project aims to enhance asset value by combining a serviced apartment hotel with flagship stores, catering to high-end consumer needs and stabilizing rental income [15][18]. - The adjustment is seen as a strategic move to cope with intense competition in the retail sector and to explore new paths for transformation [14][15]. - The company plans to dispose of approximately 22 million yuan of previously incurred costs related to the project, which will reduce the profit for 2025 by the same amount [19][20].

Core Viewpoint - The company Xu Jia Hui is significantly increasing its investment in the Shanghai Liu Bai project, raising the total investment from 708 million yuan to 1.698 billion yuan, an increase of nearly 140% [1][3]. Investment Adjustment - The total investment for the Shanghai Liu Bai project has been adjusted to 1.698 billion yuan from the previous 708 million yuan [1][3]. - The project’s total construction area has increased from 19,200 square meters to 42,500 square meters [3]. - The building height has been raised from 50 meters to 130 meters, and the number of floors has increased from 10 above ground and 1 below ground to 30 above ground and 2 below ground [3]. - The construction period has been extended from an estimated 18 months to 30-36 months, and the investment recovery period has increased from 15-17 years to the 19th year of operation [3]. Funding Sources - The funding strategy has shifted from primarily using the company's own funds to a combination of self-funding and external financing [4]. Long-term Strategy - The project is seen as a long-term strategy for the company to enhance its profitability and core competitiveness by meeting modern consumer demands through a combination of apartment-style hotels and flagship stores [4][5]. - The project aligns with the "Big Xu Jia Hui" development strategy aimed at upgrading the commercial landscape in the Xu Hui district [5]. Competitive Landscape - The company acknowledges the challenges faced by the retail industry, including weak demand and increased competition from e-commerce [6]. - The combination of apartment-style hotels and flagship stores is intended to attract high-end consumers and stabilize rental income and operational performance [6].

Group 1 - The core point of the article is that Xu Jia Hui (SZ 002561) announced the convening of its 17th meeting of the 8th Board of Directors on September 17, 2025, to discuss the re-tendering of the Shanghai 600 urban renewal project design [1] - For the first half of 2025, Xu Jia Hui's revenue composition is entirely from commercial activities, with a 100.0% share [1] - As of the report date, Xu Jia Hui has a market capitalization of 3.9 billion yuan [1]

会议就提交的议案形成以下审核意见： 一、关于调整公司重大投资项目的审核意见 上海徐家汇商城股份有限公司 第八届董事会 2025 年第三次独立董事专门会议审核意见 上海徐家汇商城股份有限公司（以下简称"公司"）第八届董事会 2025 年第三 次独立董事专门会议于 2025 年 9 月 17 日下午在上海市徐汇区肇嘉浜路 1000 号九楼 会议室以现场及通讯方式召开。 召开本次会议的通知已于 2025 年 9 月 15 日以邮件和微信方式发出。本次会议 应出席独立董事 3 名，实际出席独立董事 3 名。本次会议由独立董事张奇峰先生主 持，公司董事会秘书及证券事务代表列席会议。会议的召开符合《上市公司独立董 事管理办法》、《深圳证券交易所股票上市规则》以及《公司章程》有关规定。 -1- 二、关于重新进行上海六百城市更新项目设计招投标的审核意见 为加快项目设计方案的新一轮研究，拟按调整后的区域规划重新进行项目设计 招投标，预计设计合同金额不超过人民币 1,500 万元。 全体独立董事认为该事项符合公司实际情况及项目推进需要，相关决策和审议 程序符合相关法律法规、规范性文件及《公司章程》的规定，不存在损害公司及全 体股 ...

证券代码：002561 证券简称：徐家汇 公告编号：2025-031 上海徐家汇商城股份有限公司 关于调整公司重大投资项目的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 一、投资项目调整情况概述 《上海市徐汇区徐家汇社区 C030202 单元控制性详细规划 58 街坊局部调整 方案》（以下简称"调规方案"）公示已于近期完成，并将进一步开展补充公示。 由于调规方案中的建筑指标与公司正在进行中的上海六百城市更新项目（以下简 称"项目"、"本项目"）方案中的建筑指标有显著变化，经与政府相关部门多 次沟通后，公司现拟结合补充公示的内容对本项目方案进行调整（以下简称"本 次项目调整"），包括项目的建设内容、功能定位、投资总额等，达到与徐汇区 规划方案定位一致，推动区域经济发展的同时促进公司未来转型发展。 （一）项目进展情况概述 2024 年 3 月 25 日，公司第一次临时股东大会审议通过《关于调整上海六百 1 本次投资项目名称：上海六百城市更新项目 投资金额：计划总投资约169,800万元（包含与城市更新相关的周边配套 建设项目）。 本次投资已 ...

一、监事会会议召开情况 上海徐家汇商城股份有限公司（以下简称"公司"）第八届监事会第十五次会 议于 2025 年 9 月 17 日下午在上海市徐汇区肇嘉浜路 1000 号九楼会议室以现场方 式召开。 召开本次会议的通知已于 2025 年 9 月 15 日以微信和邮件方式发出。本次会 议应出席监事 3 名，实际出席监事 3 名。本次会议由公司监事会主席丁逸先生主 持，公司董事会秘书及证券事务代表列席会议。会议召开符合《公司法中华人民 共和国公司法》及《公司章程》的有关规定。 二、监事会会议审议情况 会议就提交的议案形成以下决议： 1、审议通过《关于调整公司重大投资项目的议案》 证券代码：002561 证券简称：徐家汇 公告编号：2025-030 上海徐家汇商城股份有限公司 第八届监事会第十五次会议决议公告 本公司及监事会全体成员保证信息披露内容的真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 进公司未来转型发展。 综合考虑前期项目相关合同的执行情况，公司拟在本议案获股东会审议通过 后，对本项目前期已形成且与新方案不相关的投入成本进行处置。 监事会认为：上述项目调整符合区域规划要求和公司实际情况，能够促 ...