智通财经网·2025-08-29 15:52Core Points - The company operates 76 self-operated malls and 235 managed malls as of June 30, 2025, with additional strategic partnerships and franchised projects [1] - The company closed 2 self-operated malls and transitioned 3 managed malls to self-operated status during the reporting period [1] - The company reported a revenue of RMB 2.482 billion from self-operated malls, a decrease of 16.4% year-on-year, with a gross margin of 71.1%, down 0.3 percentage points from the previous year [2] Group 1 - The company has 16 self-operated malls under preparation, with a planned construction area of approximately 2.63 million square meters [1] - There are 256 managed projects that have obtained land use rights or secured land parcels [1] - The company closed 22 managed malls across various provinces, indicating a significant restructuring of its managed mall portfolio [1]