Core Viewpoint - China Gold Group Jewelry Co., Ltd. reported a significant decline in revenue for the first half of 2025, with total revenue decreasing by 11.01% year-on-year to approximately 31.09 billion yuan, primarily driven by a drop in gold jewelry sales and regional performance variations [1][2]. Store Changes - The company opened 3 new direct-operated stores in the first half of 2025, covering a total area of 254.48 square meters, located in Central and Eastern China [1]. - The company closed 3 direct-operated stores in Northern China, with a total area of 357.28 square meters [1]. - The company added 8 franchise stores, with a total area of 484 square meters, across various regions including Eastern, Central, and Northeastern China [1][2]. - A total of 593 franchise stores were closed, with a significant area of 57,527.42 square meters, affecting multiple regions including Northeast and South China [1][2]. Planned Store Openings - The company plans to open 4 new direct-operated stores in the fourth quarter of 2025, with a total area of 478 square meters, located in Northern, Southern, and Southwestern China [2]. - Additionally, the company intends to add 14 franchise stores, covering a total area of 860 square meters, primarily in Northwestern and Eastern China [2]. Revenue Performance - The total revenue from gold jewelry sales was approximately 30.81 billion yuan, reflecting a year-on-year decrease of 11.40% [2]. - Service fee income increased significantly by 75.59% to approximately 275.43 million yuan [2]. - Revenue performance varied by region, with the Northeast region experiencing a drastic decline of 55.26%, while the East region saw an increase of 11.68% [2].
中国黄金: 中国黄金集团黄金珠宝股份有限公司2025年半年度主要经营数据公告