证券代码：002251 证券简称：步步高 公告编号：2025-059 步步高商业连锁股份有限公司 第七届董事会第九次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误导 性陈述或重大遗漏。 一、董事会会议召开情况 步步高商业连锁股份有限公司（以下简称"公司"）第七届董事会第九次会 议于 2025 年 12 月 11 日以现场方式发出通知，于 2025 年 12 月 11 日以现场与通 讯表决方式召开。本次会议应参加表决董事 9 人，实际参加表决董事 9 人（王傲 延先生、赵英明先生、张潞闽先生、刘文丽女士以通讯方式参会，其余董事现场 参会），公司高级管理人员列席了会议。会议的出席人数、召集召开程序、议事 内容符合《中华人民共和国公司法》（以下简称"《公司法》"）、《深圳证券交易 所股票上市规则》（以下简称"《上市规则》"）、《步步高商业连锁股份有限公司章 程》（以下简称"《公司章程》"）的有关规定。 二、董事会会议审议情况 公司第七届董事会选举彭勇先生为第七届董事会副董事长，任期与本届董事 1 会的任期一致。 3、会议以 9 票同意，0 票反对，0 票弃权审议通过了《关于补 ...

Core Viewpoint - The company announced the election of Peng Yong as the vice chairman of the seventh board of directors, with a term lasting until the end of the current board's tenure [1] Group 1 - The seventh board of directors' ninth meeting will be held on December 11, 2025, to review multiple proposals [1] - The strategic committee will consist of five members, including Wang Tian and Peng Yong, with Wang Tian serving as the convener [1] - The audit committee will include Liu Wenli, Bao Yuhui, and Peng Yong, with Liu Wenli as the convener [1] - Peng Yong does not hold any shares and has no record of violations or misconduct [1]

Core Insights - The 2025 Dmall Annual Partner Conference focused on "Intelligent Coexistence to Illuminate Retail," where Dmall's Vice President, Hao Chunqiang, introduced the upgraded Dmall OS 3.X, emphasizing a customer-centric approach and a commitment to quality and efficiency [1][6] Group 1: System Features - Dmall OS 3.X features five upgraded modules addressing key retail pain points, including procurement, quality control, operations, finance, and logistics [3] - A new fresh procurement platform enhances transparency and efficiency in the procurement process, allowing mobile task management and result submission [3] - The quality control module, developed in collaboration with Pang Donglai, digitizes quality standards and processes, improving efficiency and standardization [3] Group 2: AI Applications - Dmall OS 3.X includes a comprehensive AI application matrix that enhances various retail scenarios, with ten AI applications forming a "smart brain" for retail [3][5] - AI-driven solutions include demand forecasting, dynamic pricing, and loss prevention, significantly improving operational efficiency and reducing waste [5] - Specific AI applications achieve notable results, such as AI Fresh Calculation reducing losses by over 30% and AI Scheduling improving efficiency by 80% [5] Group 3: Risk Management - The newly launched intelligent risk control platform establishes a robust security framework for retail digitalization, covering all business processes with over 85 risk access points [6] - The system has developed over 1,800 risk strategies and identified risk behaviors over 10.3 billion times, effectively mitigating various risks such as fraud and account security [6] Group 4: Future Strategy - Dmall aims to focus on internationalization, intelligence, and standardization as part of its product strategy over the next three years, seeking to build a smarter and more efficient retail ecosystem [6]

Core Points - The Federal Reserve announced a 25 basis point interest rate cut, bringing the target range to 3.5% to 3.75%, marking the third cut in 2025 with a total reduction of 75 basis points [1][3] - Following the announcement, U.S. stock indices saw a short-term jump, while the A-share market exhibited mixed reactions, with the Shanghai Composite Index down 0.46% [1][3] - The market is experiencing accelerated sector rotation, with funds shifting from popular themes to defensive sectors [1][3] Market Reactions - The A-share market opened slightly higher but quickly diverged, with significant declines in retail and real estate sectors, while the commercial aerospace and non-ferrous metals sectors saw gains [1][5] - The commercial aerospace sector emerged as a highlight, driven by news of SpaceX's valuation reaching $1.5 trillion and a surge in domestic commercial aerospace activities [5] - The consumer sector faced a collective pullback, with notable declines in retail stocks, indicating a cooling of investor enthusiasm [5] Sector Performance - The Hainan Free Trade Zone sector was active, buoyed by upcoming policy releases, although gains narrowed as market sentiment turned cautious [7] - The real estate sector showed weakness, with mixed expectations regarding policy impacts, despite previous interest following a surge in Vanke A shares [7] - Technology stocks displayed internal divergence, with some segments like CPO performing well, while others faced corrections due to hardware sector fluctuations [9] Investment Sentiment - Investor sentiment is increasingly cautious regarding the Federal Reserve's policy path, leading to short-term volatility [11] - The attractiveness of RMB assets is rising, potentially drawing foreign capital inflows, although domestic economic data remains a critical variable for A-share performance [11] - Institutions recommend focusing on sectors with clear growth logic, such as commercial aerospace and artificial intelligence, while monitoring the recovery in retail and real estate sectors [13]

Group 1 - The company announced a change in its signed auditors for the year 2025, with Li Yongli and Tian Dongqing replacing the previous auditors Li Yongli and Yang Fan [2]

证券代码：002251 证券简称：步步高 公告编号：2025-058 步步高商业连锁股份有限公司 关于变更签字注册会计师的公告 1 家上市公司审计报告。 2、独立性和诚信情况 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误 导性陈述或重大遗漏。 步步高商业连锁股份有限公司（以下简称"公司"） 于 2025年 3 月 26 日 召开第七届董事会第三次会议和2025 年 4 月 17 日召开 2024 年年度股东大 会，审议通过了《关于续聘会计师事务所的议案》，同意续聘天健会计师事务所 （特殊普通合伙）为 2025 年度审计机构。具体内容详见公司在巨潮资讯网 （www.cninfo.com.cn） 披露的《关于续聘会计师事务所的公告》（公告编号： 2025-016）。 近日，公司收到天健会计师事务所（特殊普通合伙）出具的《关于变更签字 注册会计师的函》，现将有关情况公告如下： 一、 变更签字会计师的基本情况 天健会计师事务所（特殊普通合伙）作为公司 2025 年度审计机构，原委派 的签字注册会计师为李永利先生和杨钒先生。鉴于签字注册会计师杨钒先生因个 人原因已离职，天健会计师事务所（特殊 ...

致：步步高商业连锁股份有限公司 湖南启元律师事务所（以下简称"本所"）接受步步高商业连锁股份有限公 司（以下简称"公司"）的委托，指派本所律师出席了公司 2025 年第二次临时 股东会（以下简称"本次股东会"）根据《中华人民共和国公司法》（以下简称 "《公司法》"）《上市公司股东会规则》（以下简称"《股东会规则》"）等 中国现行法律、法规、规章和规范性文件以及《步步高商业连锁股份有限公司章 程》（以下简称"《公司章程》"）的相关规定，就公司本次股东会的召集、召 开程序、出席会议的人员资格、召集人资格、表决程序及表决结果等事宜出具本 法律意见书。 为出具本法律意见书，本所律师出席了本次股东会，并核查和验证了公司提 供的与本次股东会有关的文件、资料，同时听取了公司就有关事实的陈述和说明。 本所出具本法律意见书是基于公司向本所保证；公司已向本所提供了为出具 本法律意见书所必需的资料和信息，一切足以影响本法律意见书的事实和资料均 已向本所披露；公司向本所提供的所有资料和信息均真实、准确、完整，不存在 任何虚假记载、误导性陈述或重大遗漏，所有资料上的签字和/或印章均是真实、 有效的，有关副本或复印件与正本或原件一致。 ...

证券代码：002251 证券简称：步步高 公告编号：2025-057 步步高商业连锁股份有限公司 2025 年第二次临时股东会的决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误导 性陈述或重大遗漏。 重要提示 1、本次股东会以现场投票与网络投票相结合的方式； 二、会议召开情况 1、会议召开时间： 现场会议召开时间：2025 年 12 月 11 日下午 14:30 2、网络投票时间： 通过深圳证券交易所交易系统进行网络投票的时间为 2025 年 12 月 11 日上午 9:15—9:25，上午 9:30—11:30，下午 13:00—15:00；通过深圳证券交易所 互联网投票系统（http://wltp.cninfo.com.cn）进行网络投票的时间为 2025 年 12 月 11 日 9:15 至 15:00 期间的任意时间。 3、现场会议召开地点：湖南省长沙市东方红路 649 号步步高大厦会议室。 4、会议召开方式：采取现场投票与网络投票相结合的方式。 5、会议召集人：公司董事会 2、本次股东会无增加、变更、否决提案的情况。 一、本次会议的通知情况 公司于 2025 年 1 ...

Core Viewpoint - The retail sector in the A-share market experienced a significant pullback after a strong performance, with multiple stocks showing declines of over 5% [1] Group 1: Stock Performance - Zhongbai Group (000759) saw a decline of 9.07%, with a total market value of 5.115 billion [2] - Maoye Commercial (600828) dropped by 8.84%, with a market capitalization of 11.3 billion [2] - Sanjiang Shopping (601116) fell by 8.13%, with a market value of 8.226 billion [2] - Guoguang Chain (605188) decreased by 6.83%, with a market capitalization of 11.1 billion [2] - Guangbai Shares (002187) declined by 6.56%, with a total market value of 5.194 billion [2] - Guofang Group (601086) dropped by 5.05%, with a market capitalization of 6.893 billion [2] - Bubugao (002251) fell by 5.04%, with a market value of 14.7 billion [2] - Tianhong Shares (002419) decreased by 4.18%, with a market capitalization of 6.429 billion [2] - Gongxiao Daji (000564) dropped by 4.14%, with a total market value of 46 billion [2] - Dashang Shares (600694) fell by 3.91%, with a market capitalization of 6.088 billion [2] - Haiziwang (301078) decreased by 3.75%, with a market value of 12.3 billion [2] - Central Plaza (600280) dropped by 3.58%, with a market capitalization of 4.863 billion [2] - Youhao Group (600778) fell by 3.56%, with a total market value of 2.109 billion [2] - Zhongxing Window Industry (000715) decreased by 3.42%, with a market capitalization of 3.362 billion [2]

Group 1 - The retail sector in the A-share market showed a strong performance yesterday but experienced a collective pullback today [1] - Zhongbai Group saw a significant decline of 9% [1] - Maoye Commercial and Sanjiang Shopping both dropped over 8% [1] - Guoguang Chain and Guangbai Co. fell more than 6% [1] - Guofang Group and Bubugao decreased by over 5% [1]