“胖改”难挽颓势，永辉超市再套现8000万元

Core Viewpoint - Yonghui Supermarket has been facing significant financial challenges, leading to a series of operational adjustments and a recent warning from the Sichuan Securities Regulatory Bureau due to non-compliance with disclosure regulations [1][2][3] Group 1: Shareholding and Regulatory Actions - On October 16, Yonghui Supermarket announced the reduction of 13.6 million shares in Hongqi Chain, accounting for 1% of the total share capital, resulting in approximately 80 million yuan in cash [1] - Yonghui Supermarket received a warning letter from the Sichuan Securities Regulatory Bureau for failing to timely disclose changes in shareholding after reducing its stake below 5% [1] Group 2: Financial Performance - In the 2024 annual report, Yonghui Supermarket reported a revenue of 67.574 billion yuan, a year-on-year decrease of 14.07%, and a net loss of 1.465 billion yuan, an increase in loss of 136 million yuan compared to the previous year [2] - The company closed 232 underperforming stores and adjusted the product structure in 31 stores, resulting in a 0.78% decrease in gross margin [2] Group 3: Ongoing Losses and Store Closures - The 2025 semi-annual report indicated a revenue of 29.948 billion yuan, a year-on-year decline of 20.73%, with a net profit turning to a loss of 241 million yuan, a staggering drop of 187.38% [3] - Yonghui Supermarket has experienced four consecutive years of revenue decline and losses, accumulating a total loss of 9.742 billion yuan over four and a half years [3] - The closure of 227 unprofitable stores in the first half of 2025 has led to significant rental compensation and asset write-off costs, further impacting cash flow [3]