Core Viewpoint - 百盛集团 reported a total operating revenue of 3.698 billion yuan for the year ending December 31, 2025, a year-on-year decrease of 0.8%, and a net loss of 186 million yuan, indicating a further increase in losses compared to 2024 [2] Group 1: Financial Performance - The total sales revenue for 百盛集团 in 2025 was 7.746 billion yuan (including VAT), down 10.9% from the previous year, primarily due to structural changes in consumer spending behavior and cautious consumer spending amid macroeconomic headwinds and weak income growth expectations [3] - From 2020 to 2024, 百盛集团's total operating revenue was 4.428 billion yuan, 4.739 billion yuan, 3.749 billion yuan, 4.178 billion yuan, and 3.727 billion yuan respectively, with only a slight profit in 2023, while the other years recorded losses [5] Group 2: Store Operations and Strategy - As of December 31, 2025, 百盛集团 operated and managed 40 stores across 23 cities in China and Laos, including department stores, shopping plazas, outlets, and supermarkets [4] - 百盛集团 has been undergoing a strategic transformation, closing underperforming stores and attempting to adapt to changing consumer demands, but the effectiveness of these transformations has been limited [5][6] - In 2025, 百盛集团 upgraded several key stores, such as transforming the Hefei store into an ACGN (Anime, Comics, Games, Novels) themed youth cultural center and converting the Shanghai Huaihai store's supermarket into a food court [6] Group 3: Industry Challenges - Traditional department stores, including 百盛集团, are facing unprecedented challenges, losing their previous popularity and struggling to attract customers [5] - The current shopping experience sought by consumers extends beyond products to include authenticity, value, emotional connection, and immersive experiences [5][7]

Core Viewpoint - The announcement details the resignation of Ms. Yuan Yongxin as the company secretary and authorized representative of the company, effective March 1, 2026, and the appointment of Ms. Ouyang Lini as her successor, who meets the relevant regulatory requirements [1]. Group 1 - Ms. Yuan Yongxin resigns from her positions as company secretary and authorized representative, effective March 1, 2026 [1]. - Ms. Ouyang Lini is appointed as the new company secretary, authorized representative, and legal document agent, effective March 1, 2026 [1]. - Ms. Ouyang Lini meets the qualifications stipulated under Listing Rule 3.28 for company secretaries [1].

Group 1 - The core point of the article is that Baisheng Group (03368.HK) announced the resignation of Yuan Yingxin as the company secretary and authorized representative effective from March 1, 2026 [1] - Following the resignation, the board has appointed Ouyang Lini as the new company secretary, authorized representative, and legal process agent, also effective from March 1, 2026 [1]

Group 1 - The company, Baisheng Group (03368), announced the resignation of Ms. Yuan Yongxin as the company secretary and authorized representative effective from March 1, 2026 [1] - Following Ms. Yuan's resignation, the board has appointed Ms. Ouyang Lini as the new company secretary, authorized representative, and legal process document agent, effective from March 1, 2026 [1] - Ms. Ouyang meets the requirements for company secretaries under Listing Rule 3.28 [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，概不對因本公告全部或任何部份 內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 PARKSON RETAIL GROUP LIMITED 百盛商業集團有限公司 (Incorporated in the Cayman Islands with limited liability) (Stock code: 3368) 授權代表及香港法律程序文件代理人 百盛商業集團有限公司(「本公司」)董事會(「董事會」) 宣佈, 袁頴欣女士(「袁女士」) 辭任本公司公司秘書及不再擔任根據香港聯合交易所有限公司證券上市規則(「上市規 則」)第3.05條所規定的本公司授權代表(「授權代表」), 及根據香港法例第 622 章公司 條例在香港代表接收法律程序文件而言的本公司香港法律程序文件代理人 (「法律程序 文件代理人」), 自二零二六年三月一日起生效。 袁女士已確認與董事會並無意見分歧, 亦無其他有關其辭任的事宜須敦請本公司股東或 香港聯合交易所有限公司(「聯交所」)垂注。 在袁女士辭任後, 董事會欣然 ...

Group 1 - The core viewpoint of the news is that 百盛集团 is undergoing a transformation to adapt to changing consumer expectations, shifting from a traditional retail operator to an innovative lifestyle destination [1][2] - 百盛集团 has completed several key store upgrades, including transforming 合肥百盛 into an ACGN-themed youth cultural center and introducing popular IP-based stores in 哈尔滨 [1] - As of December 31, 2025, 百盛集团 and its affiliates will operate and manage 40 stores across 23 cities in China and Laos, including department stores, shopping plazas, and outlets [1] Group 2 - For the fiscal year ending December 31, 2025, 百盛集团 reported total operating revenue of 3.698 billion yuan, a year-on-year decrease of 0.8% [2] - Same-store sales declined by 16.6% year-on-year, and total sales proceeds amounted to 7.746 billion yuan, down 10.9% from the previous year [2] - The company reported a loss attributable to shareholders of 186 million yuan, attributing the decline in performance to structural changes in consumer spending behavior [2]

Core Viewpoint - The company reported a total operating revenue of RMB 3.698 billion for the year ending December 31, 2025, reflecting a year-on-year decline of 0.8% [1] Group 1: Financial Performance - Same-store sales decreased by 16.6% year-on-year [1] - The loss attributable to the owners of the company was RMB 186 million, an increase of 6.35% compared to the previous year [1] - Earnings per share showed a loss of RMB 0.071 [1] Group 2: Revenue Drivers - The decrease in total operating revenue was primarily due to a reduction in self-operated sales and commission income from franchised counters [1] - This decline was partially offset by increased other income from lease changes and terminations, as well as credit service income [1]

Core Viewpoint - The company reported a total operating revenue of RMB 3.698 billion for the year ending December 31, 2025, reflecting a year-on-year decrease of 0.8% [1] Financial Performance - Same-store sales decreased by 16.6% year-on-year [1] - The loss attributable to owners of the company was RMB 186 million, an increase of 6.35% year-on-year [1] - Earnings per share showed a loss of RMB 0.071 [1] Revenue Breakdown - The decrease in total operating revenue was primarily due to a reduction in self-operated sales and commission income from franchised counters [1] - This decline was partially offset by increased other income from lease changes and terminations, as well as credit service income [1]

Core Viewpoint - The company reported a decrease in total operating revenue for 2025 to RMB 3.698 billion, a year-on-year decline of 0.8% [1] - Same-store sales fell by 16.6% in 2025 [1] - Operating profit for 2025 increased to RMB 262 million, reflecting a year-on-year growth of 7.0% [1] Financial Performance - The decrease in total operating revenue was primarily due to a reduction in self-operated sales and commission income from franchised counters, partially offset by increased income from lease changes and terminations, as well as credit service revenue [1] - The company aims to adapt to industry changes and lead the sector, focusing on deepening customer interaction, accelerating business model innovation, and optimizing asset portfolios [1] Industry Outlook - The retail industry is expected to continue facing intense competition and rapid changes in 2026 [1] - The company acknowledges that transformation is neither immediate nor easy, but believes that the foundations laid today through experiential design, digital integration, brand selection, and community-oriented spaces will create sustainable long-term value [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，概不對因本公告全部或任何 部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 PARKSON RETAIL GROUP LIMITED 百盛商業集團有限公 司 二零二五年度，經營收益總額減少至人民幣3,698.1百萬元，同比下降0.8%。 二零二五年度，同店銷售（「同店銷售」）下降16.6%。 二零二五年度，銷售所得款項總額（「銷售所得款項總額」）（含增值稅）為人民幣 7,745.6百萬元，同比下降10.9%。 二零二五年度，經營利潤為人民幣262.0百萬元，同比增加7.0%。 二零二五年度，本公司所有人應佔虧損為人民幣185.9百萬元。 截至二零二五年十二月三十一日止財政年度的全年業績 百盛商業集團有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此公佈，本公司及 其附屬公司（統稱「本集團」）截至二零二五年十二月三十一日止年度的經審核綜合業 績，連同上一年度二零二四年度的比較數字如下： 1 綜合損益表 （於開曼群島註冊成立的有限公司） （股份代號：3368） 截至二零二五 ...