以下文章来源于中国企业家杂志 ，作者李欣 中国企业家杂志 . 讲好企业家故事，弘扬企业家精神 来源|中国企业家杂志 作者| 李欣 编辑| 米娜 名创优品创始人叶国富"挂帅"永辉后，挥刀"砍向"中间商。 3月29日，永辉超市召开2025年度全球供应商大会。当天，叶国富在会上称，会与核心供应商建立长期的深度合作。 首批锁定200家核心大供应 商，由他亲自筛选，保证与对方董事长一年至少见一次面，自己亲自见。 "今天晚上到明天上午，我要见一大批核心供应商的董事长，这个事情无比重要。我重视，希望供应商董事长也要重视，这件事情，下面人重视是做 不了的。"叶国富说。 在现场，他还表示，坚决反对换一个采购换一批供应商，要让战略核心供应商有绝对的安全感，称自己站在这，说到做到。"有任何采购人员为难 你，直接微信我，直接找我。对于战略供应商，我是一把手亲自服务的。" 叶国富此番表态，让此前热议的永辉超市要去掉经销商的传闻就此尘埃落定。 而一切，都源于约十天前那场决定性的权力交接。 3月17日，永辉超市在福建福州召开2025年第一次临时股东大会。会上表决通过了公司第六届董事会非独立董事等议案，并成立改革领导小组，由 叶国富担任组长 ...

Core Viewpoint - Jiangsu Hongxin Supermarket Chain Co., Ltd. (Jiangsu Hongxin) has listed on the Hong Kong Stock Exchange, with an opening price of HKD 3.44 and a closing price of HKD 2.50, indicating a challenging market debut [1]. Group 1: IPO Details - The total number of shares offered globally was 53,562,000 H-shares, with 8,892,000 shares available in Hong Kong and 44,670,000 shares for international sale [1]. - The final offer price was set at HKD 2.50, raising a total of HKD 133.91 million, with net proceeds amounting to HKD 92.55 million after deducting estimated listing expenses of HKD 41.36 million [4][5]. Group 2: Company Overview - Jiangsu Hongxin is a wholesale grain and oil merchant headquartered in Yangzhou, primarily operating supermarkets and convenience stores under the "Hongxin Long" brand in the Jiangsu region [5]. - The company plans to use the raised funds to open new retail stores, establish new distribution centers, create a central kitchen, and enhance its ERP and infrastructure systems to improve operational efficiency [5]. Group 3: Market Position and Financial Performance - Jiangsu Hongxin ranks approximately 20th among supermarket operators in Jiangsu province, with a market share of about 0.4% based on 2023 sales [6]. - The company's revenue for recent periods was reported as follows: RMB 1.432 billion, RMB 1.329 billion, RMB 1.402 billion, and RMB 1.006 billion, with year-on-year growth rates of -7.23%, 5.52%, 1.82%, indicating weak revenue growth for 2024 [6]. - Profit figures for the same periods were RMB 35.08 million, RMB 51.07 million, RMB 51.60 million, and RMB 24.08 million, showing a decline in profitability, with profits for the first nine months of 2024 being less than half of those in 2023, down 21.13% year-on-year [6].

近期，A股及海外市场面临多重潜在风险，投资者需高度关注。从国内经济数据到公司经营状况，再到 国际经济环境的变化，市场不确定性显著增加。本文将围绕退市风险警示、股份减持计划、猪价波动以 及国际经济信息展开分析，为投资者提供风险提示。 退市风险警示频现，多家公司面临压力 退市风险警示不仅影响公司股价，还可能引发市场对A股整体健康状况的担忧。近年来，汇金科技业绩 持续下滑，2021年至2023年营收逐年下降，归母净利润已连续七年同比下滑。公司表示，亏损主要受银 行自助设备现金管理系统销量下降及市场竞争加剧影响。 股份减持计划密集，市场信心受挫 股份减持计划也成为市场关注的焦点。嘉和美康、红旗连锁（002697）、联合水务（603291）等多家公 司股东宣布减持计划，合计减持比例从1%至4.5%不等。股东减持通常被视为对公司未来前景的负面信 号，尤其是在当前经济环境下，更容易影响投资者信心。 猪价波动对养殖行业影响显著，尤其是中小型养殖企业可能面临更大的经营压力。投资者需关注相关企 业的财务状况及应对策略，以规避潜在风险。 国际经济环境动荡，美股大幅收跌 海外市场方面，美股近期表现不佳。上周五，美股三大指数均大幅收跌 ...

Summary of Key Points Core Viewpoint - Sanjiang Shopping (601116) experienced a decline in stock price, closing at 11.2 yuan on March 28, 2025, with a net outflow of major funds and a significant government subsidy received [1][2]. Trading Information - On March 28, 2025, major funds had a net outflow of 651.96 million yuan, accounting for 11.05% of the total transaction amount [1][2]. - Retail investors showed a net inflow of 724.24 million yuan, representing 12.27% of the total transaction amount [1]. Company Announcements - Sanjiang Shopping received a government subsidy of 14,130,000.00 yuan on March 26, 2025, which is 10.26% of the net profit attributable to shareholders for the fiscal year 2023 [1][2]. - The subsidy will be recognized in profit and loss as per the accounting standards, with the final impact on the company's financials subject to external audit confirmation [1].

Core Insights - The retail landscape in Shenyang is undergoing significant changes, with major players like Carrefour, Yonghui, and Xinlongjia facing store closures and operational adjustments, while other formats like membership-based stores are thriving [2][9][11] Group 1: Store Closures and Adjustments - Yonghui Supermarket plans to close 12 stores in Heilongjiang and Jilin provinces by April 18, 2025, transferring resources to the brand "Biyoute" [3][9] - Xinlongjia Group announced the closure of four stores due to structural limitations, focusing on developing lifestyle plaza stores to enhance customer experience [7][9] - Carrefour has seen a reduction from 14 stores to several closures and conversions into other retail formats, indicating a significant shift in the market [6][9] Group 2: Successful Retail Models - The "Fat Donglai" model in Shenyang has led to a nearly fourfold increase in daily foot traffic and a sixfold increase in sales, demonstrating the effectiveness of innovative retail strategies [5][11] - Membership-based stores like Sam's Club and Happy Farm are gaining popularity, offering unique products and high-quality service, which attracts a loyal customer base [11][12] - Biyoute supermarkets have achieved high coverage in Shenyang, with multiple locations within a short distance, contributing to their success [12] Group 3: Future Strategies - Yonghui is committed to improving service quality and customer experience through comprehensive store renovations across the Shenyang region [5][9] - Xinlongjia aims to create a one-stop shopping experience with lifestyle plaza stores, integrating various retail formats to meet diverse consumer needs [7][8] - The overall trend indicates a shift towards enhancing product quality and customer service as key competitive advantages in the retail sector [11][13]

叶国富强调好产品是企业与外界沟通的唯一通道，CEO应当是企业的首席产品官，企业除了要为消费者 挑选好商品，更要有设计开发好产品的能力，逐步向制造开发型零售转型。未来三年永辉将孵化100个 亿元级单品，成为永辉的品质首选。 本报讯 （记者肖艳青）3月29日，永辉超市2025年度全球供应商大会在河南省许昌市举行，大会以"回 归本质迎接品质"为主题，汇聚数百家永辉超市全球核心供应商代表，共同探讨零售业高质量发展路 径。 胖东来创始人、董事长于东来在大会上表示，企业应不断强化团队建设，围绕标准底线不断提升产品的 研发、产品的功能和产品的质量，为零售行业积聚能量、传递美好。 名创优品集团创始人、董事会主席兼首席执行官、永辉超市改革领导小组组长叶国富表示，永辉超市将 坚持走胖东来模式的品质零售路线，聚焦核心供应商、聚焦核心大单品、聚焦长期主义，推动永辉转型 升级。 为打破传统供应链中间商加价、零供关系博弈等痛点，叶国富表示，未来要聚焦核心供应商、聚焦核心 大单品、聚焦长期主义，坚决反对换一个采购就换一批供应商的做法，必须要让合作伙伴拥有绝对安全 感。接下来，叶国富将亲自筛选永辉超市首批200家核心供应商，并与供应商董事长 ...

Core Insights - The essence of retail is to understand consumer needs and develop products that meet those needs, as emphasized by the founder of Yonghui Supermarket, Ye Guofu [1] - Yonghui Supermarket is focusing on product quality and supply chain upgrades, aiming to transform into a manufacturing-oriented retailer [1][5] - The company plans to implement a strategy of focusing on core suppliers, core products, and long-term partnerships, while rejecting the practice of frequently changing suppliers [2] Company Strategy - Yonghui Supermarket will personally select its first 200 core suppliers and establish an annual dialogue mechanism with their chairpersons [2] - The company has already completed the renovation of 47 stores nationwide, with plans to reach 100 by mid-year and 200 by the end of the year [4] - The company aims to incubate 100 products with sales exceeding 1 billion yuan in the next three years, positioning these as quality choices for Yonghui [6] Market Positioning - Yonghui Supermarket's competitors are not other retailers but rather the expectations of consumers regarding quality [5] - The company is adopting the "Pang Donglai" model of quality retail, which has shown significant improvements in customer satisfaction, quality, foot traffic, and sales after store renovations [3][4]

北京商报讯（记者 胡静蓉）3月28日，北京第三家、大兴首家永辉超市"学习胖东来"自主调改店亮相鸿 坤广场。作为2025年永辉超市在京首家调改开业的门店，永辉超市鸿坤广场店除了和此前调改店一样， 取消原有强制动线、增加收银区、降低货架高度、拓宽通道、设置便民服务区、扩大鲜食区，还结合消 费者反馈关于其他调改店熟食、烘焙区拥堵的问题，调整鸿坤广场店熟食烘焙区块布局，并放大后场加 工面积以提升出品效率。 据门店负责人介绍，超市增设了身高测量仪、血压测量仪、免费使用1小时的充电宝、多功能卫生间等 便民设施，并配备了洗手池、直饮水、微波炉等设备，方便顾客即食。此外，除了设置备好常用药品， 鸿坤广场店还有儿童购物车、残疾人购物车和宠物寄存处。 在商品方面，调改后，永辉鸿坤广场店超半数商品换了"新面孔"。店内原有的14923支商品，下架了 12013支，汰换率80.5%；重新规划11503支，新增率65.7%，一二线品牌占比65.8%，北京特色商品占比 11.2%，进口商品占比约20%。 永辉超市在北京布局的"学习胖东来"自主调改店正在不断增多。此前，永辉超市宣布顺义卧龙悦购店、 凯德Mall·大兴店、通州万达店加入调改行 ...

Core Viewpoint - The renovation of Yonghui Supermarket's Hongkun Plaza store aims to enhance customer experience and competitiveness in response to rising competition from brands like Sam's Club, with significant improvements in store layout, product offerings, and customer services [1][5]. Store Layout and Customer Experience - The store has undergone a comprehensive redesign, including the removal of forced traffic flows, increased checkout areas, lowered shelf heights, and expanded fresh food sections [2][3]. - New convenience facilities have been added, such as height and blood pressure measurement devices, free charging stations, and multi-functional restrooms, enhancing the shopping environment [2][3]. Product Offering Changes - Over 80% of the previous products have been replaced, with 65.8% of new products being from first and second-tier brands, 11.2% featuring local Beijing specialties, and approximately 20% being imported goods [3][4]. - The bakery section has seen an 80% update in product offerings, introducing a variety of freshly made items [3]. Service Enhancements - Personalized services at meat and seafood counters have been introduced, allowing for customized preparation based on customer needs [4]. - The supermarket has implemented pricing strategies for fresh-cut fruits, with discounts based on time since preparation [4]. Employee Welfare and Operational Impact - Employee salaries have increased by over 1,000 yuan, with improved working conditions including an 8-hour workday and additional paid leave [5][6]. - The renovation has resulted in a significant increase in daily sales, with some stores experiencing sales growth of over 400% compared to pre-renovation levels [6]. Expansion and Future Plans - Since the announcement of the renovation strategy in May of the previous year, 42 stores have been renovated nationwide, with plans to reach 100 by mid-year [6].

上海市市场监管局相关负责人表示，后续将持续以法治化、信息化、协同化的治理创新，让守法企业轻 装前行，让消费者权益保护回归正途，为全社会构建更好的法治化营商环境。 2024年5 月起，上海嘉定区马陆镇、南翔镇一家连锁超市连续收到消费者铁某某的投诉，称其买到过期 饮料，要求赔偿。企业在对牛奶、椰汁等短保质食品的临期管理自查后，向市场监管部门反映了这 件"蹊跷"事儿。 恶意"制造"过期食品实施敲诈勒索，恶意举报人获 刑七个月 经警方查明，铁某某利用商家"息事宁人"心理，多次通过藏匿商品实施敲诈，单次索赔金额500-1000元 不等，以小额索赔试图规避法律严惩。最终，法院依法以铁某某构成敲诈勒索罪判决其有期徒刑七个 月。 新京报贝壳财经讯（记者俞金旻）3月26日，记者从上海市市场监管局获悉，嘉定区市场监管局联合公 安部门成功侦破一起恶意制造过期食品实施敲诈勒索的典型案件。 随后，嘉定区市场监管局排摸了辖区"类案"，梳理出铁某某操作路径：专挑"短保"饮料，将其藏至货架 深处，待过期后再悄悄取出来，先购买再要求索赔，500元到2000元不等，拒绝索赔便举报商家销售过 期食品。 嘉定区市场监管局工作人员告诉贝壳财经记者，经 ...