三江购物(601116.SH)：与盒马公司的合作协议将于2026年3月31日期满，期满终止后双方不再续签

Core Viewpoint - Sanjiang Shopping (601116.SH) has announced that its cooperation agreement with Alibaba's Hema (China) Co., Ltd. will not be renewed upon expiration on March 31, 2026, due to changes in the market environment and Hema's strategic development plans [1] Group 1 - The cooperation agreement between Sanjiang Shopping and Hema is set to expire on March 31, 2026, and will not be renewed [1] - Hema has communicated its decision not to renew the agreement based on careful consideration of the current market environment and its overall strategic development [1] - Both parties are advised to initiate discussions regarding the arrangements following the expiration of the agreement, including the establishment of a special working group to facilitate the transition [1] Group 2 - The termination of the agreement is expected to impact sales at Hema stores in Ningbo, and Sanjiang Shopping aims to minimize the effect on customer shopping experiences [1] - Sanjiang Shopping will work with Hema to discuss transitional and handover matters related to the termination of the agreement [1]