Guifaxiang(SZ:002820) Shang Hai Zheng Quan Bao·2025-10-28 23:29Core Points - The company reported a decline in overall operating revenue by 6.23% in the third quarter, with e-commerce channels showing growth despite the overall downturn [5][11] - The company has entered into a related party transaction for leasing properties from its controlling shareholder, with a total rent of 4.9254 million yuan for the period from January 1, 2026, to December 31, 2028 [25][32] Financial Performance - The company faced challenges due to insufficient demand and purchasing power among its main consumer groups, leading to a slowdown in the decline of revenue [5] - Key financial indicators showed a decrease in net profit, attributed to increased operational service fees and promotional expenses in the e-commerce sector, alongside a decline in investment income and interest revenue [5][11] - The company’s cash flow from investing activities decreased due to reduced payments for fixed assets and other long-term assets compared to the previous year [20] Related Party Transaction - The company’s subsidiary will lease six properties from its controlling shareholder, with the rental agreement approved by the board of directors and independent directors [25][38] - The rental agreement is based on fair market prices and aims to ensure the subsidiary's operational stability [30][38] - The controlling shareholder, Tianjin Guifaxiang Group, holds a 33.99% stake in the company, establishing a significant relationship [28]