上海徐家汇商城股份有限公司 募集资金管理制度 （2025 年 9 月修订） 第一章 总则 本制度所称超募资金是指实际募集资金净额超过计划募集资金金 额的部分。 第一条 为规范上海徐家汇商城股份有限公司（以下简称"公司"）募集资金 管理，提高募集资金使用效率，保护投资者合法权益，依据《中华 人民共和国公司法》、《中华人民共和国证券法》、《上市公司募集资 金监管规则》、《深圳证券交易所股票上市规则》（以下简称"《股 票上市规则》"）、《深圳证券交易所上市公司自律监管指引第 1 号- 主板上市公司规范运作指引》等相关法律、法规、规范性文件及《上 海徐家汇商城股份有限公司章程》（以下简称"《公司章程》"），结 合公司实际情况，制定本管理制度。 第二条 本制度所称募集资金是指公司通过公开发行证券（包括首次公开发 行股票、配股、增发、发行可转换公司债券、分离交易的可转换公 司债券、公司债券、权证等）以及非公开发行证券向投资者募集并 用于特定用途的资金。 第三条 公司董事会负责建立健全公司募集资金管理制度，并确保本制度的 有效实施。公司募集资金管理制度应当对募集资金专户存储、使用、 变更、监督以及募集资金使用的申请、分级审 ...

上海徐家汇商城股份有限公司 关联交易决策制度 （2025 年 9 月修订） 第一章 总则 第一条 为规范上海徐家汇商城股份有限公司（以下简称"公司"）的关联 交易行为，保护公司、股东和债权人的合法权益，保证公司关联 交易决策行为的公允性，依据《中华人民共和国公司法》、《中华 人民共和国证券法》、《深圳证券交易所股票上市规则》、《深圳证 券交易所上市公司自律监管指引第7号——交易与关联交易》等相 关法律、法规、规范性文件及《上海徐家汇商城股份有限公司章 程》（以下简称"《公司章程》"），结合公司实际情况，制定本制度。 第二章 关联人和关联关系 （一）直接或者间接地控制公司的法人（或者其他组织）； （二）由前项所述法人（或者其他组织）直接或者间接控制的除 公司及公司控股子公司以外的法人（或者其他组织）； （三）持有公司5%以上股份的法人（或者其他组织）及其一致行 动人； （四）由公司关联自然人直接或者间接控制的，或者担任董事（不 含同为双方的独立董事）、高级管理人员的，除公司及公司控股子 公司以外的法人（或者其他组织）。 （五）在过去十二个月内或者根据相关协议安排在未来十二个月 内，存在上述情形之一的； （四）本 ...

证券代码：002561 证券简称：徐家汇 公告编号：2025-034 上海徐家汇商城股份有限公司 关于召开 2025 年第二次临时股东会的通知 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、召开会议的基本情况 1、股东会届次：2025 年第二次临时股东会 2、股东会的召集人：公司董事会 公司第八届董事会第十八次会议已审议通过《关于召开 2025 年第二次临时股 东会的议案》。 3、会议召开的合法、合规性：本次会议召开符合有关法律、行政法规、部门 规章、规范性文件和《公司章程》的规定。 4、会议召开的日期、时间： （1）现场会议召开时间：2025 年 10 月 10 日（星期五）下午 14：00 （2）网络投票时间：2025 年 10 月 10 日。其中，通过深圳证券交易所交易 系统进行网络投票的具体时间为 2025 年 10 月 10 日的交易时间，即上午9：15～9： 25、9：30～11：30，下午 13：00～15：00；通过深圳证券交易所互联网投票系 统开始投票的时间为 2025 年 10 月 10 日上午 9：15 至下午 15：00 任意时间 ...

证券代码：002561 证券简称：徐家汇 公告编号：2025-033 上海徐家汇商城股份有限公司 第八届监事会第十六次会议决议公告 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。 一、监事会会议召开情况 2、审议通过《关于修订<募集资金管理制度>的议案》 表决情况：同意 3 票，反对 0 票，弃权 0 票。 同意公司根据《中华人民共和国公司法》（2023 年修订）、中国证券监督委员 会《上市公司募集资金监管规则》（2025 年修订）、《深圳证券交易所股票上市规则》 （2025 年修订）及《深圳证券交易所自律监管指引第 1 号——主板上市公司规范 运作》（2025 年修订）等法律、法规及规范性文件规定，对《募集资金管理制度》 进行修订。 召开本次会议的通知已于 2025 年 9 月 19 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》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 ...

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].