而高鑫零售同时强调，该事件与集团业务及营运并无关联，不会对集团造成重大不利影响，目前公司日 常业务运营及管理由董事会主席华裕能暂时接管，各项经营活动维持正常。 据了解，李卫平于2025年12月1日正式加入高鑫零售并出任CEO，截至失联公告发布，其任职时长仅两 个月。此前在2025年11月30日，高鑫零售曾发布人事变动公告，披露原CEO沈辉因家庭事务辞任，李卫 平接棒相关职务，该变动于12月1日生效。 大润发母公司高鑫零售确认CEO李卫平失联，公司曾回应被带走调查：假的 据中国新闻周刊报道，2月4日，大润发母公司高鑫零售发布公告称，董事会已确认暂时无法与公司执行 董事兼首席执行官李卫平取得联系。 不过，当时有媒体向高鑫零售求证该消息时，公司方面曾回应称"假的，在报警了"。 公开资料显示，李卫平拥有深厚的零售行业背景，毕业于北京机械工业学院的他，累计拥有超过20年零 售管理经验。在加入高鑫零售之前，其职业生涯的重要经历集中在盒马：2018年9月至2025年11月期 间，李卫平在盒马历任多个核心岗位，包括华北北京大区总经理、盒马鲜生业态首席执行官、盒马首席 商品官等，离职前任职于盒马总裁办。 更早之前，他还曾先后担 ...

Group 1 - The core point of the news is that Gao Xin Retail, the parent company of RT-Mart, announced that its CEO Li Weiping is temporarily missing, raising concerns in the market [1] - Li Weiping joined Gao Xin Retail on December 1, 2025, with a fixed annual salary of 3.36 million yuan, significantly higher than the industry average, indicating high expectations for her role in the company's transformation [1] - Prior to the announcement, there were rumors that Li Weiping was taken by the police for investigation, which Gao Xin Retail had previously denied, making the official announcement of her disappearance more surprising [1] Group 2 - Gao Xin Retail is a well-known retailer in China, operating multiple core brands including "RT-Mart," "RT-Mart Super," and "M Membership Store," with a significant presence across 29 provinces and regions, operating 462 hypermarkets, 32 medium-sized supermarkets, and 7 membership stores as of September 30, 2025 [2] - The company is currently in a critical transformation phase following the acquisition by Dehong Capital, with Li Weiping tasked with promoting the establishment of new store formats [2] - Following the disappearance of Li Weiping, the daily operations and management of the company will be temporarily overseen by Chairman Hua Yuning, and the board will monitor the situation closely [2]

Core Viewpoint - The unexpected disappearance of CEO Li Weiping poses new uncertainties for the transformation of Gao Xin Retail, which is currently seeking to shift towards community retail amidst ongoing losses in the traditional supermarket sector [2][3]. Company Situation - Gao Xin Retail's board announced that they could not contact CEO Li Weiping, who had only been with the company for about two months since joining on December 1, 2025 [2]. - Li Weiping's previous experience at Hema, where he held several key positions, was expected to contribute positively to Gao Xin Retail's strategic planning and business development [3]. - The company reported a revenue of 30.502 billion yuan for the first half of the 2025 fiscal year, a decrease of 12.1% year-on-year, and a net loss of 123 million yuan, compared to a profit of 206 million yuan in the same period the previous year [3]. Transformation Strategy - Gao Xin Retail is undergoing a significant transformation, focusing on community retail as part of a broader industry trend initiated by competitors like Yonghui Supermarket and Wumart [5]. - The company aims to create a retail model that balances experience and efficiency within a three-kilometer radius, planning to eliminate inefficient stores and transition to community life centers [5]. - The introduction of "front warehouses" as a key development area marks a shift in strategy, allowing for rapid delivery of fresh and fast-moving consumer goods [5]. Operational Impact - Despite Li Weiping's disappearance, Gao Xin Retail stated that its operations remain normal and that the chairman, Hua Yuneng, is overseeing management to ensure stability [4]. - New retail expert Bao Yuezhong believes that the impact of Li Weiping's absence will be minimal, as the company is a leading player in the supermarket sector [4][7]. - The recent opening of a new Dailunfa Supermarket in Dongying, which features a modern retail approach, has received positive market feedback, indicating that the transformation efforts are still progressing [6][7].

Group 1 - The company announced that the board of directors believes the recent matter is unrelated to the group's business and operations, and thus it does not have a significant adverse impact on the group [2] - The daily business operations and management will be temporarily overseen by the chairman, Hua Yuning [2] - Li Weiping has been appointed as the CEO of Gaoxin Retail, effective December 1, 2025, after the resignation of Shen Hui due to family matters [2] Group 2 - Li Weiping, who has 26 years of experience in the retail industry, previously served as the Chief Merchandising Officer at Hema [2] - As CEO, Li Weiping will receive a fixed annual salary of 3.36 million yuan, along with annual management bonuses [2] - As of September 30, 2025, Gaoxin Retail operates 462 hypermarkets, 32 medium-sized supermarkets, and 7 membership stores across 205 cities, with a total building area of approximately 13.4 million square meters [2]

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: | 2026年1月31日 | 狀態: 新提交 | | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | 公司名稱: | 高鑫零售有限公司 | | | 呈交日期: | 2026年2月4日 | | | I. 法定/註冊股本變動 | 不適用 | | FF301 第 1 頁 共 10 頁 v 1.2.0 FF301 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 1. 股份分類 普通股 股份類別 不適用 於香港聯交所上市 (註1) 是 證券代號 (如上市) 06808 說明 已發行股份（不包括庫存股份）數目 庫存股份數目 已發行股份總數 上月底結存 9,540,504,700 0 9,540,504,700 增加 / 減少 (-) 0 0 本月底結存 9,540,504,700 0 9,540,504,700 足夠公眾持股量的確認(註4) | 根據《主板上市規則》第13.32D(1)條或第19A.28D(1)條 / 《GEM上市規則》第17.37D(1)條或第25.21D(1 ...

Core Viewpoint - The acquisition of Gao Xin Retail by Dehong Capital marks a significant investment, with a total amount exceeding 13 billion HKD, and has led to comprehensive reforms within the company, including key personnel changes and a shift in operational strategy [1][8]. Group 1: Acquisition Details - Dehong Capital completed the acquisition of Gao Xin Retail, the parent company of the supermarket chain RT-Mart, in February 2025, representing the largest investment since the firm's establishment [1]. - The acquisition involved purchasing 78.7% of Gao Xin Retail's shares from Alibaba for approximately 13.14 billion HKD, with a per-share cost of about 1.75 HKD [8]. Group 2: Management Changes - Following the acquisition, Dehong Capital appointed its co-founder and CEO, Hua Yuning, as the chairman of Gao Xin Retail, while the newly appointed CEO, Li Weiping, became the sole executive director responsible for daily operations [1][4]. - Li Weiping went missing just two months after taking office, leading to concerns about the company's leadership and operational continuity [2][4]. Group 3: Operational Strategy - Dehong Capital has initiated a shift in Gao Xin Retail's operational focus from "scale expansion" to "quality enhancement," with plans to invest resources in the renovation of 500 stores over the next three years [8][9]. - The company aims to transform its stores into community life centers, reducing store sizes to between 6,000 and 7,500 square meters and streamlining the product range to approximately 15,000 SKUs [9]. Group 4: Market Response - Despite the leadership crisis following Li Weiping's disappearance, Gao Xin Retail's stock price saw an increase, indicating market confidence or speculation regarding the company's future [5].

Core Viewpoint - The sudden disappearance of Li Weiping, the CEO of Gao Xin Retail, which owns the well-known supermarket chain RT-Mart, raises concerns about the company's leadership and stability, although the board insists it is unrelated to business operations [1][3]. Group 1: CEO Disappearance - On February 4, Gao Xin Retail announced that it could not contact its CEO Li Weiping, emphasizing that this matter is not related to the company's business or operations [1]. - The announcement contradicted earlier reports that Li was taken by police for investigation, which Gao Xin Retail initially denied [3]. - The specific reasons for Li Weiping's disappearance remain unclear, occurring just two months after he joined Gao Xin Retail from Alibaba's Hema [4]. Group 2: Company Background - Li Weiping was appointed as CEO of Gao Xin Retail on November 30, 2025, with a fixed annual salary of 3.36 million yuan and additional management bonuses [5]. - He has extensive experience in the retail sector, having worked for major companies such as China Resources Supermarket, Lotte Supermarket, and Alibaba's Hema [6]. - Gao Xin Retail has been struggling with losses, reporting a revenue of 30.502 billion yuan for the first half of the 2026 fiscal year, a decrease of 12.01% year-on-year, and a net loss of 127 million yuan [7]. Group 3: Ownership Changes - In early January 2025, Alibaba announced the sale of its entire stake in Gao Xin Retail for approximately 13.138 billion Hong Kong dollars, completing the transaction by the end of February [8]. - Following the acquisition by Dehong Capital, significant changes in the board of directors occurred, with the founder Huang Mingduan completely exiting the company [9]. - Dehong Capital, led by Liu Haifeng, a prominent figure in private equity, faces challenges in adapting to the retail sector despite its strong capital management capabilities [10].

Core Viewpoint - The sudden disappearance of CEO Li Weiping has raised concerns about the management stability of Gao Xin Retail, reflecting a complex market sentiment where investors are both worried about leadership turmoil and hopeful for potential changes in management [2][8]. Group 1: Management Changes - Li Weiping's tenure as CEO lasted only two months, highlighting a troubling trend of short-lived executives at Gao Xin Retail, which has seen frequent changes in its leadership [3][5]. - The company has experienced a series of high-profile executive departures, including previous CEOs who left for various reasons, contributing to a lack of consistent strategic execution [5][6]. Group 2: Financial Performance - Gao Xin Retail reported a revenue of 30.502 billion RMB for the six months ending September 30, 2025, a decrease of 12.1% year-on-year, and a net loss of 1.27 billion RMB, indicating a significant decline in profitability [8][9]. - The company's gross profit also fell by 9.5% to 7.719 billion RMB, and operating profit decreased by 56.4% to 271 million RMB, reflecting ongoing financial challenges [9]. Group 3: Industry Context - The retail sector is undergoing significant changes, with increased competition and a shift in consumer preferences towards smaller, more frequent shopping experiences, which Gao Xin Retail's traditional large-format stores struggle to meet [10][12]. - The company is facing intensified competition from both traditional retailers like Walmart and emerging players in the community retail space, complicating its transformation efforts [12]. Group 4: Strategic Challenges - Gao Xin Retail's attempts to diversify its business model through new store formats and operational adjustments have yet to yield substantial results, with the company reporting a net reduction of four large stores compared to the previous year [10]. - The recent CEO disappearance coincides with a broader anti-corruption campaign in the retail industry, raising questions about the company's internal governance and operational integrity [7][8].

Core Viewpoint - Gao Xin Retail is currently facing a leadership crisis as CEO Li Weiping has been unreachable, prompting the board chairman to take over management responsibilities [1][2] Group 1: Leadership Changes - Li Weiping has been in the CEO position for approximately two months and was expected to drive the company's three-year strategic plan focusing on product differentiation and supply chain efficiency [2][4] - Following the acquisition of Gao Xin Retail by Dehong Capital, there have been significant personnel changes, including the resignation of Wang Guannan and the appointment of Liu Hao as a non-executive director [3][4] Group 2: Strategic Initiatives - Under Li Weiping's leadership, Gao Xin Retail has initiated various strategic projects, including the opening of a new store format that emphasizes quality and efficiency [2][4] - The company is collaborating with popular IPs to attract younger consumers and enhance the shopping experience, while also expanding its tax refund services and social media presence [3][4] Group 3: Operational Focus - Li Weiping's planned reforms for Gao Xin Retail include improvements in product quality, organizational agility, and multi-format store optimization [4][5] - The company has emphasized strict adherence to integrity and anti-corruption measures, with a clear message that any violations will be met with severe consequences [5]

李卫平于2025年12月1日正式加入集团。在加入集团前，李卫平曾于2018年9月至2025年11月期间在盒马 担任不同职位。 2月4日，高鑫零售发布关于管理层相关情况的说明。说明中指出： 近日，有媒体关注公司执行董事兼首席执行官李卫平的相关情况。截至目前，公司暂时无法与李卫平取 得联系。 当前，公司各项经营活动正常有序推进，年货销售旺季相关工作稳步开展，商品供应、服务保障等均未 受到影响。为确保公司运营的稳定性与连续性，目前相关经营管理工作已由高鑫零售董事会主席华裕能 统筹代管，四大区区总和集团高管紧密协同配合，全面保障各项管理工作平稳落地、业务有序推进。 ...