三江购物：与关联方业务合作协议期满终止

Core Viewpoint - The company has signed a business cooperation agreement with Hema (China) Co., Ltd., a subsidiary of Alibaba, which will expire on March 31, 2026, and will not be renewed [1] Financial Performance Summary - In 2022, the revenue of the wholly-owned subsidiary Zhejiang Zhehai Huadi Network Technology Co., Ltd. was 429 million yuan, with a net profit of 7.2013 million yuan [1] - In 2023, the revenue increased to 447 million yuan, with a net profit of 11.264 million yuan, reflecting a growth in both revenue and profit [1] - The projected revenue for 2024 is 550 million yuan, with a net profit of 18.3326 million yuan, indicating continued growth [1] - In the first quarter of 2025, the revenue is expected to be 160 million yuan, with a net profit of 8.2607 million yuan [1] Transition and Handover Plans - The company will discuss the relevant transition and handover matters concerning the termination of the agreement as soon as possible [1]