Core Viewpoint - Lianhua Supermarket (00980.HK) announced the sale of its entire stake in Yangpu Century Lianhua to Shanghai Dongran, a wholly-owned subsidiary of Bailian Group, for approximately RMB 78.286 million, with the transaction confirmed by the relevant state-owned asset supervision authority [1] Group 1 - The share transfer agreement was signed on November 19, 2025, between Shanghai Dongran (buyer) and Century Lianhua Development (seller) [1] - Following the completion of the sale, Yangpu Century Lianhua will no longer be a subsidiary of the company [1] - The company plans to enter into a management entrustment agreement with Shanghai Dongran post-sale, providing operational management and resource support services for a period of three years [1]

联华超市(00980)公布，于2025年11月19日，公司直接全资附属公司世纪联华发展拟向百联集团间接全 资附属公司上海动燃出售杨浦世纪联华的全部股权，现金对价约为人民币7,828.60万元(主管国有资产监 督管理部门已经备案确认)。于出售事项交割完成后，杨浦世纪联华将不再为该公司的附属公司。 待出售事项完成后，公司拟与上海动燃订立委託管理协议，据此，公司同意向杨浦世纪联华提供经营管 理服务及资源配套服务，自委託管理协议生效之日起为期叁年。 据悉，杨浦世纪联华主要在上海市杨浦区和河南省经营大型综合超市。 ...

Core Viewpoint - Lianhua Supermarket (00980) plans to sell its entire stake in Yangpu Lianhua to Shanghai Dongran for approximately RMB 78.286 million, with the transaction confirmed by the relevant state-owned asset supervision authority [1] Group 1 - The sale is expected to be completed by November 19, 2025, after which Yangpu Lianhua will no longer be a subsidiary of the company [1] - Following the completion of the sale, the company intends to enter into a management agreement with Shanghai Dongran, providing operational management and resource support services to Yangpu Lianhua for a period of three years [1] - Yangpu Lianhua primarily operates large-scale comprehensive supermarkets in Yangpu District of Shanghai and Henan Province [1]

（股份代號：00980） 公告 (1)有關出售附屬公司全部股權的 須予披露交易及關連交易； 及 (2)有關委託管理協議的可能持續關連交易 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不會就本公告 全部或任何部份內容而產生或因依賴該等內容而引致的任何損失承擔任何責 任。 出售附屬公司 （在中華人民共和國註冊成立的股份有限公司） 董事會宣佈，二零二五年十一月十九日，百聯集團間接全資附屬公司上海動 燃（作為買方）與本公司直接全資附屬公司世紀聯華發展（作為賣方）訂立之 楊浦世紀聯華股權轉讓協議，內容有關建議出售楊浦世紀聯華之全部股權， 現金對價約為人民幣7,828.60萬元（主管國有資產監督管理部門已經備案確 認）。於出售事項交割完成後，楊浦世紀聯華將不再為本公司的附屬公司。 委託管理協議 董事會進一步宣佈，待出售事項完成後，本公司擬與上海動燃訂立委託管理 協議，據此，本公司同意向楊浦世紀聯華提供經營管理服務及資源配套服 務，自委託管理協議生效之日起為期三年。 董事會亦謹此宣佈，力高企業融資有限公司（一家根據證券及期貨條例可從 事第6類（ ...

Core Insights - The article discusses the innovative "direct supply of agricultural futures delivery products to retail terminals" model implemented by Hai Zheng Futures and Lianhua Supermarket, which significantly reduced apple procurement costs and enhanced risk management in agricultural product trading [2][4]. Group 1: Cost Reduction and Efficiency - In April 2024, Lianhua Supermarket needed to procure 20 tons of high-quality apples, with the spot market price at 9.98 yuan/kg, while the futures market price was around 8.20 yuan/kg, resulting in a price difference of 1,780 yuan/ton [2]. - Hai Zheng Futures successfully purchased 20 tons of apples at 8,205 yuan/ton, lowering the procurement cost to 8.21 yuan/kg, which laid the foundation for cost control [2]. - After deducting transportation and related costs, the final procurement cost for Lianhua Supermarket was 8.66 yuan/kg, a reduction of 1.32 yuan/kg compared to traditional procurement methods, totaling a cost savings of 24,757.92 yuan [3]. Group 2: Quality Assurance and Consumer Benefits - The project involved thorough quality checks on apples, with 72% of the delivered 1,101 boxes being first-grade quality, and a low defect rate of 0.82%, meeting high market standards [3]. - Lianhua Supermarket utilized its store network to quickly complete inventory acceptance and regional distribution, enhancing market visibility through optimized display and promotional activities, leading to positive consumer recognition [3]. Group 3: Industry Development and Future Plans - The project represents the beginning of applying the futures delivery model in agricultural trade, with plans to expand to other products like red dates, eggs, pigs, and peanuts [4]. - The favorable policy environment in China encourages financial institutions to support agricultural industries, facilitating the optimization of production, circulation, and sales of agricultural products [5].

Core Viewpoint - Lianhua Supermarket (00980) plans to sell its entire stake in Shanghai Lianhua Supermarket Yangpu Co., Ltd. to Baill Group's subsidiary, Shanghai Dongran Industrial Co., Ltd., based on an independent valuation report [1][2] Group 1: Sale Details - The sale price will be determined based on an independent assessment and agreed upon in a formal share transfer agreement [1] - Yangpu Lianhua primarily operates large comprehensive supermarkets in Yangpu District, Shanghai, and Henan Province [1] Group 2: Management Arrangement - After the sale is completed, the company intends to enter into a management agreement with Shanghai Dongran to provide operational management and resource support to Yangpu Lianhua [1] - The management support will include personnel management, brand support, information system support, and product supply support to help achieve new operational goals [2] Group 3: Strategic Considerations - The decision to sell is based on the company's long-term sustainable development strategy and aims to enhance overall performance [1] - The company is focusing on asset divestiture to better concentrate on its core business development in Shanghai and Zhejiang [1]

Core Viewpoint - The company plans to sell its entire stake in Shanghai Century Lianhua Supermarket Yangpu Co., Ltd. to a subsidiary of Bailian Group, aiming to enhance its long-term sustainable development and overall performance [1][2] Group 1: Sale Details - The sale will be based on an independent valuation report and agreed upon in a formal share transfer agreement [1] - Yangpu Century Lianhua primarily operates large-scale supermarkets in Yangpu District of Shanghai and Henan Province [1] Group 2: Management Arrangement - After the sale, the company intends to enter into a management agreement with Shanghai Dongran to provide operational management and resource support to Yangpu Century Lianhua [1] - The management support will include personnel management, brand support, information system support, and product supply support to help achieve new operational goals [2] Group 3: Strategic Considerations - The decision to sell is part of the company's strategy to focus on core business development in Shanghai and Zhejiang, considering market conditions, store performance, and supply chain impacts [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不會就本公告 全部或任何部份內容而產生或因依賴該等內容而引致的任何損失承擔任何責 任。 （在中華人民共和國註冊成立的股份有限公司） （股份代號：00980） 公告 內幕消息 (1)有關擬議出售附屬公司的潛在 須予披露的交易及關連交易 及 (2)有關建議委託管理安排的潛在持續關連交易 聯華超市股份有限公司（「本公司」）根據香港聯合交易所有限公司證券上市規 則（「上市規則」）第13.09(2)(a)條及證券及期貨條例第XIVA部之內幕消息條文 （定義見上市規則）刊發本公告。 世紀聯華發展是一家根據中國法律註冊成立的公司，主要從事大型綜合超市 的經營。於本公告日期，世紀聯華發展為本公司的直接全資附屬公司。 1 擬出售事項 本公司董事會（「董事會」）宣佈，本公司擬將直接全資附屬公司上海世紀聯華 超市發展有限公司（「世紀聯華發展」）所持有的上海世紀聯華超市楊浦有限公 司（「楊浦世紀聯華」）的全部股權出售予百聯集團有限公司（「百聯集團」）間接 全資附屬公司上海動燃實業有限公司（「上海動燃」）（「擬出 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00980 | 說明 | | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | | 法定/註冊股本 | | | 上月底結存 | | | 372,600,000 | RMB | | | 1 RMB | | | 372,600,000 | | 增加 / 減少 (-) | | | | | | | RMB | | | | | 本月底結存 | | | 372,600,000 | RMB | | | 1 RMB | | | 372,600,000 | | 2. 股份分類 | 普通股 | 股份類別 | | 其他類別 (請註明) | | 於香港聯交 ...

Core Viewpoint - Lianhua Supermarket (00980.HK) reported an unaudited revenue of approximately RMB 14.86 billion for the nine months ending September 30, 2025, alongside an unaudited net loss attributable to shareholders of approximately RMB 107 million [1] Financial Performance - The group's unaudited revenue for the nine-month period was approximately RMB 14.86 billion [1] - The unaudited net loss attributable to the company's owners was approximately RMB 107 million [1] - As of September 30, 2025, the group's unaudited total assets amounted to approximately RMB 18.62 billion [1]