YONGHUI SUPERSTORES(SH:601933) Cai Jing Wang·2025-07-31 01:37Core Viewpoint - Yonghui Supermarket plans to raise up to 3.992 billion yuan through a private placement to upgrade 298 stores using the "Pang Donglai model" [1] Group 1: Fundraising and Investment Plans - The company intends to issue A-shares to no more than 35 specific investors in compliance with the China Securities Regulatory Commission's regulations [1] - The raised funds will be allocated for store upgrades, logistics and warehousing improvements, and to supplement working capital or repay bank loans [1] Group 2: Store Upgrade Strategy - Yonghui Supermarket aims to implement the "Pang Donglai model" for the upgrade of 298 stores [1] - As of December 31, 2024, the company will have a total of 775 supermarket stores [1] - The company has already completed adjustments and service upgrades in 31 stores, resulting in significant increases in revenue and customer traffic [1] Group 3: Operational Standards and Methodology - The company has achieved a high level of standardization in store layout, products, and personnel [1] - Yonghui Supermarket has developed a relatively mature methodology for its operational improvements [1]