证券代码：002419 证券简称：天虹股份 天虹数科商业股份有限公司投资者关系活动记录表 编号：2025-07 | 投资者关系活动 | □特定对象调研 □分析师会议 | | --- | --- | | | □媒体采访 □业绩说明会 | | 类别 | □新闻发布会 □路演活动 | | | □现场参观 其他 2025 年度深圳辖区上市公司投资者网上集体接待日 ☑ | | 参与单位名称及 | 网络远程参与"2025 年度深圳辖区上市公司投资者网上集体接待日"活动的投资者 | | 人员姓名 | | | 时间 | 2025 年 11 月 20 日 15:40-17:00 | | 地点 | "全景路演"网站（https://rs.p5w.net）、微信公众号（全景财经）、全景路演 APP | | 上市公司接待人 | 黄国军（董事、总经理）、曾泉（独立董事）、陈卓（副总经理、总会计师、董事会秘 | | 员姓名 | 书） | | | 1.天虹股份近些年业绩和股价一直处于低迷状态，公司对今后的发展有没有新的战 略，或者公司今后发展的方向 | | | 您好！公司坚定转型发展，大力发展新质生产力，推动传统零售转型升级，形成数 | ...

Group 1: Financial Performance - In the first half of 2025, the company achieved sales of 18.7 billion yuan, a year-on-year increase of 2.55% [2] - Operating revenue was 6.009 billion yuan, a year-on-year decrease of 1.79% [2] - Net profit attributable to shareholders was 154 million yuan, a year-on-year decrease of 0.05% [2] Group 2: Business Segment Performance - Supermarket revenue decreased by 1.95% year-on-year, but comparable store gross margin increased by 0.66 percentage points to 23.33% [2] - Shopping centers maintained growth with revenue increasing by 2.65% year-on-year [2] - Department stores faced challenges with a revenue decline of 9.3% year-on-year [2] Group 3: Digital Transformation and AI Integration - The company accelerated the upgrade and iteration of AI+ retail technology, enhancing the digital transformation strategy [2] - The GMV of the flexible labor platform (Xiao Huo Er) increased by 120% year-on-year [2] Group 4: Store Optimization and Upgrades - Five stores underwent standardization modifications, resulting in sales doubling within three days post-opening [3] - Seventeen stores received partial modifications, maintaining year-on-year growth in customer traffic and sales [3] - Over 20 shopping centers were upgraded in the first half of the year [4] Group 5: Cost Management and Asset Disposal - The company has been focusing on cost reduction and efficiency improvement, leading to increased asset disposal income [5] - Changes in lease agreements have resulted in the recognition of certain asset disposal gains [5] Group 6: Future Plans - The company is monitoring industry trends regarding membership stores but currently has no specific plans [6]

Group 1: Company Performance Overview - In Q1 2025, overall customer traffic increased by 13.8%, while revenue decreased by 2.18% year-on-year [1] - Shopping centers showed a revenue growth of 2.8% year-on-year, while department store revenue declined by nearly 9% [1] - Supermarket revenue decreased by 2.2%, but the decline was less significant, with a comparable store gross margin increasing by 0.7 percentage points [1] - Total expenses decreased by 2% year-on-year in Q1 2025, following a 5% reduction in total expenses for 2024 [1] Group 2: SP@CE3.0 Brand Upgrade - The SP@CE3.0 brand was launched on September 6, 2024, in Shenzhen, featuring nine lifestyle theme pavilions and a full warehouse fulfillment center [2] - The proportion of fresh and cooked food increased to 45%, while packaged food and daily necessities saw a decline [2] - Daily average customer transaction volume increased by 42% from September to December 2024, and by approximately 38% in Q1 2025 [2] - Plans for 2025 include standardizing and modifying 5 stores and partially adjusting 18 stores to enhance the SP@CE3.0 brand [2] Group 3: Transformation Directions for Shopping Centers and Department Stores - Shopping centers aim to create influential benchmark stores through product innovation, space design, and scenario operations [3] - The focus for department stores will be on urban center stores catering to upgraded consumption needs and community stores emphasizing quality-price retail [3] - Plans include opening 2 new shopping centers in Changsha and Meizhou in 2025 [4] Group 4: Development of Lingzhi Digital Technology - Lingzhi Digital Technology developed the "Bailing Bird" AI model in 2024, with continued investment in AI and algorithm research [5] - The AI model enhances customer experience and operational efficiency, contributing to a 30.5% year-on-year revenue growth in Q1 2025 [5] - The revenue increase is primarily driven by the growth of the "Xiao Huer" flexible labor platform, which integrates gig work, recruitment management, and intelligent scheduling [5] Group 5: Cash Flow and Financial Management - The decline in net cash flow from operating activities in Q1 2025 was attributed to reduced cash receipts from sales and timing issues with supplier payments [7]