GUOGUANG CHAINS(SH:605188) Hua Xia Shi Bao·2025-10-24 13:56Core Viewpoint - The new retail sector in A-shares has seen a significant rally in October, with several stocks, including Guoguang Chain, experiencing impressive gains, leading to questions about the sustainability of these price increases in relation to the company's fundamentals [2][3][4]. Group 1: Stock Performance - Guoguang Chain's stock price surged from 15.7 CNY per share on October 10 to 22.39 CNY on October 22, marking a cumulative increase of 42.61% within a short period [3][4]. - The stock reached an intraday high of 23.75 CNY on October 23, setting a new annual peak [4]. - The company has recorded a year-to-date increase of over 170% as of October 24 [2]. Group 2: Financial Performance - For the first three quarters of the year, Guoguang Chain reported a net profit attributable to shareholders of 11.49 million CNY, a year-on-year increase of 40.36% [6]. - The company's revenue for the first three quarters reached 2.134 billion CNY, reflecting a growth of 4.22% year-on-year [6]. - Despite revenue growth, the net profit has shown a declining trend over the years, with figures of 30.12 million CNY in 2021, 18.81 million CNY in 2022, and 2.67 million CNY in 2024 [5][6]. Group 3: Market Dynamics - The recent rally in the new retail sector is driven by three main factors: consumer recovery, policy support, and structural innovation within the industry [4]. - The sector has seen a notable increase in stock prices, with several companies, including Guoguang Chain, experiencing significant price surges [3][4]. Group 4: Shareholder Actions - The actual controller of Guoguang Chain plans to reduce their holdings, with the chairman intending to sell up to 12.506 million shares, representing 2.49% of the total share capital [7][9]. - The reasons for the share reduction are cited as personal financial needs, but the company asserts that this will not affect its control or governance structure [9].