Core Viewpoint - Gao Xin Retail appointed Li Weiping as the new Executive Director and CEO, effective December 1, following the resignation of former CEO Shen Hui due to family commitments [1][3]. Group 1: Leadership Change - Li Weiping has over 20 years of management experience in the retail industry, previously serving as Chief Merchandise Officer at Hema and holding various leadership roles at Hema and other companies [3]. - The company expects Li's expertise to align with its three-year strategic plan, focusing on product differentiation and supply chain efficiency [3]. Group 2: Financial Performance - Gao Xin Retail reported a revenue of 30.502 billion RMB for the six months ending September 30, a decrease of 12.1% year-on-year [4][6]. - The gross profit margin improved to 25.3%, an increase of 0.7 percentage points compared to the previous year [4]. - The company recorded a loss attributable to equity shareholders of 1.23 billion RMB, compared to a profit of 206 million RMB in the same period last year [4][6]. Group 3: Strategic Focus - The company aims to implement its three-year strategy, emphasizing fresh produce differentiation and efficient supply chain management [6]. - Gao Xin Retail plans to enhance its multi-format approach, combining large supermarkets, medium-sized supermarkets, and front warehouses to cater to diverse consumer needs [6]. - The company has completed the renovation of three stores in East China, resulting in double-digit growth in customer traffic, with plans to renovate over 30 stores this fiscal year and more than 200 stores by the next fiscal year [7].
年薪336万，盒马前女高管李卫平出任大润发母公司CEO