Group 1 - The core viewpoint of the report indicates a significant decline in the company's financial performance for the first half of 2025, with a notable drop in profit and revenue compared to the previous year [1] - Total assets at the end of the reporting period amounted to approximately 18.28 billion RMB, reflecting a decrease of 2.23% from the previous year [1] - The total profit for the reporting period was approximately 41.16 million RMB, representing a drastic decline of 79.68% compared to the same period last year [1] Group 2 - The company's operating revenue for the reporting period was approximately 1.26 billion RMB, which is a decrease of 19.73% year-on-year [1] - The net profit attributable to shareholders was approximately 34.59 million RMB, down 70.48% from the previous year [1] - The weighted average return on net assets was significantly impacted, reflecting the overall decline in profitability [1] Group 3 - The total number of shareholders at the end of the reporting period was 28,873 [1] - The largest shareholder, Shenzhen Maoye Commercial Co., Ltd., holds 80.90% of the shares, amounting to approximately 1.40 billion shares [2] - The report indicates that there are no preferred shareholders with restored voting rights [3]

Core Viewpoint - Maoye International (00848) announced that its non-wholly owned subsidiary, Maoye Commercial (600828.SH), achieved approximately RMB 1.263 billion in unaudited operating revenue for the six months ending June 30, 2025, indicating a strong performance in the retail sector [1] Financial Performance - For the six months ending June 30, 2025, Maoye Commercial reported unaudited operating costs of approximately RMB 503 million, resulting in an unaudited gross profit of approximately RMB 760 million [1] - The unaudited net profit attributable to equity shareholders of Maoye Commercial was approximately RMB 34.59 million for the same period [1] Asset Overview - As of June 30, 2025, Maoye Commercial Group reported total unaudited assets of approximately RMB 18.28 billion, reflecting the company's substantial asset base [1]

股票简称：中央商场 股票代码：600280 编号：临 2025-028 南京中央商场（集团）股份有限公司 第十届监事会第五次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 股票简称：中央商场 股票代码：600280 编号：临 2025-028 南京中央商场（集团）股份有限公司（简称"公司"）第十届监事会第五次 会议于 2025 年 8 月 25 日上午十点三十分在公司会议室召开。会议应到监事 3 人，实到 3 人，符合《公司法》和《公司章程》的有关规定。会议审议了相关议 案并做出了如下决议： 一、审议通过《公司 2025 年半年度报告及其摘要》 根据《公司法》和《公司章程》的有关规定，监事会对公司董事会编制的 公司章程和公司内部管理制度的各项规定； 交易所的各项规定，所包含的信息从各个方面真实地反映出公司 2025 年半年度 的经营管理和财务状况等事项； 和审议的人员有违反保密规定的行为； 完整，承诺其中不存在虚假记载、误导性陈述或者重大遗漏。 表决结果：同意 3 票；反对 0 票；弃权 0 票。 二、审议 ...

Core Viewpoint - The company, Nanning Department Store Co., Ltd., has announced a guarantee of 10 million yuan for its wholly-owned subsidiary, Baise Guitong Automobile Sales Service Co., Ltd., to support its daily operations and secure bank financing [1][4]. Summary by Sections Guarantee Details - The guarantee amount is 10 million yuan, with the total external guarantee amount provided by the company to its subsidiaries being 10 million yuan as of the announcement date [1][5]. - The guarantee is secured by the company's own assets, specifically a property located at No. 45 Chaoyang Road, Nanning, with an assessed value of 146.706 million yuan [3][4]. Internal Decision Process - The company's board of directors approved the guarantee during a meeting held on March 26, 2025, with unanimous support and no votes against or abstentions [4]. - The total loan guarantee for Baise Guitong and two other wholly-owned subsidiaries amounts to 30 million yuan, with the company providing 10 million yuan specifically for Baise Guitong [1][4]. Financial Position of the Guaranteed Entity - Baise Guitong has total assets of approximately 35.703 million yuan and total liabilities of about 40.389 million yuan, resulting in a negative net asset value of approximately -4.686 million yuan [3]. - The company reported an operating income of approximately 19.058 million yuan and a net profit of about 313,588 yuan [3]. Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary to meet the operational needs of Baise Guitong and to facilitate access to bank credit and financing [4]. - The company maintains absolute control over Baise Guitong, which is considered to have stable operational capabilities, making the guarantee risk manageable [4].

Core Viewpoint - The company, Maoye Commercial Co., Ltd., reported its main operating data for the first half of 2025, highlighting a lack of new or closed stores and a significant decline in revenue and gross profit margins across various retail formats [3][4]. Group 1: Store Changes - During the reporting period, the company had no new store openings or closures, maintaining a total of 23 retail stores across different formats as of the report date [3]. Group 2: Key Operating Data - The total revenue for the first half of 2025 was 86,666.99 million yuan, with a cost of 43,742.21 million yuan, resulting in a gross profit margin of 49.53%, which decreased by 3.21 percentage points year-on-year [3]. - The department store segment in Chengdu generated revenue of 9,493.94 million yuan, with a gross profit margin of 33.31%, reflecting a year-on-year decline of 4.60 percentage points [3]. - The shopping center segment in Chengdu reported revenue of 1,586.74 million yuan, with a gross profit margin of 91.35%, showing an increase of 0.79 percentage points year-on-year [3]. - The department store in Nanchong had a revenue of 144.09 million yuan, with a gross profit margin of -41.50%, indicating a significant decline [3]. - The department store in Mianyang reported revenue of 1,004.39 million yuan, with a gross profit margin of 94.65%, down by 25.68% year-on-year [3]. - The department store in Heze generated revenue of 1,893.43 million yuan, with a gross profit margin of 44.05%, reflecting a decrease of 15.91% year-on-year [3]. - The shopping center in Chongqing had a revenue of 1,129.18 million yuan, with a gross profit margin of -28.90%, indicating a significant decline [3]. - The department store in Taizhou reported revenue of 1,927.30 million yuan, with a gross profit margin of 92.98%, down by 32.62% year-on-year [3]. - The overall gross profit margin for the department store segment in Shenzhen was 28.31%, which decreased by 4.29 percentage points year-on-year [3]. - The outlet in Zhuhai reported a gross profit margin of -19.31%, indicating a decline [3]. - The department store in Hohhot generated revenue of 8,002.15 million yuan, with a gross profit margin of 51.83%, down by 25.02% year-on-year [3]. - The shopping center in Hohhot reported revenue of 15,746.88 million yuan, with a gross profit margin of 87.54%, reflecting a decrease of 19.45% year-on-year [3]. - The total revenue and gross profit margin across all formats indicate a challenging operating environment for the company [3].

Core Viewpoint - The company has established a public opinion management system to enhance its ability to respond to various public opinions, ensuring timely and effective handling of issues that may impact its stock price and reputation [3][4]. Group 1: General Principles - The purpose of the public opinion management system is to protect investors' rights and interests by managing negative media coverage, rumors, and information that could affect public investment decisions [3]. - The system defines public opinion as negative or false media reports, harmful rumors, and any information that could lead to abnormal stock price fluctuations [3]. Group 2: Organizational Structure and Responsibilities - The company has formed a public opinion management working group led by the chairman, with the board secretary as the deputy leader, including other senior management and department heads [4]. - The working group is responsible for decision-making regarding public opinion handling, including initiating and terminating response actions and coordinating external communications [4][5]. Group 3: Handling Principles and Measures - The company emphasizes quick response and action, coordinated communication, and a proactive approach to managing crises [6]. - In cases of significant public opinion issues, the company will conduct self-inspections, communicate with the Shanghai Stock Exchange, and issue clarifying announcements as necessary [12]. - The company will also enhance investor communication and manage inquiries to mitigate misunderstandings and prevent the escalation of issues [12]. Group 4: Accountability - Employees who fail to comply with the public opinion management system may face disciplinary actions, including warnings, fines, or termination, depending on the severity of the situation [9]. - Confidentiality obligations are imposed on all personnel involved in handling public opinion, with penalties for unauthorized disclosures that could harm the company [9][15].

Core Viewpoint - The document outlines the management system for external information users at Nanjing Central Shopping Mall (Group) Co., Ltd., emphasizing the importance of confidentiality and compliance with legal regulations regarding the disclosure of significant information [2][3]. Group 1: General Principles - The company establishes this system to enhance the management of external information users during the preparation, review, and disclosure of periodic reports and significant events, based on relevant laws and regulations [2]. - Company directors and senior management are required to adhere to information disclosure regulations and fulfill necessary processes for transmitting, reviewing, and disclosing periodic reports and significant matters [2]. Group 2: External Information Management Regulations - External units are prohibited from disclosing significant undisclosed information about the company obtained through legal reporting requirements and must not use this information for trading company securities or advising others to do so [3]. - In case of improper confidentiality leading to the leakage of significant information, external parties must notify the company immediately, which will then report to the Shanghai Stock Exchange [3]. - The company reserves the right to seek compensation for economic losses caused by violations of this system and will recover any profits gained from trading based on undisclosed significant information [3]. Group 3: Supplementary Provisions - Any matters not covered by this system will be executed according to relevant laws and regulations [4]. - The board of directors is responsible for interpreting and amending this system, which will take effect upon approval by the board [4].

General Principles - The system aims to enhance the company's operational standards and improve the quality and transparency of annual report disclosures [2] - Responsibility accountability refers to the pursuit of individuals who fail to perform their duties correctly, resulting in significant economic losses or adverse social impacts [2] - The system applies to directors, senior management, branch and subsidiary heads, controlling shareholders, and other personnel involved in annual report disclosures [2] Accountability for Major Disclosure Errors - Responsibility should be pursued in cases of violations of laws and regulations leading to significant errors in annual report disclosures [6] - Specific violations include breaches of the Company Law, Securities Law, accounting standards, and internal control systems that result in major errors or adverse effects [6] - Failure to communicate timely during the annual report disclosure process that leads to significant errors is also subject to accountability [6] Severity of Accountability - Severe consequences apply when the situation is serious, the impact is significant, and the cause is due to personal subjective factors [7] - Mitigating circumstances may include actions taken to correct errors or if the errors were due to unforeseen and uncontrollable factors [7] Forms and Types of Accountability - Forms of accountability include corrective actions, public criticism, job reassignment, financial compensation for losses, and termination of employment [10] - Economic penalties may accompany disciplinary actions against directors and senior management based on the severity of the incident [11] Additional Provisions - Unaddressed matters in the system will follow relevant national laws and regulations [12] - The board of directors is responsible for interpreting and revising the system [13] - The system will be effective upon approval by the board of directors [14]

Core Viewpoint - The document outlines the internal management system for the temporary suspension and exemption of information disclosure by Nanjing Central Shopping Mall (Group) Co., Ltd, aiming to ensure compliance with legal obligations and protect investors' rights [1][2]. Group 1: Regulations and Compliance - The company establishes this system to regulate the temporary suspension and exemption of information disclosure in accordance with the Securities Law and relevant stock exchange rules [1]. - The company must prudently assess situations that warrant temporary suspension or exemption of disclosure and is subject to post-regulatory oversight by the Shanghai Stock Exchange [1][2]. - Information that is uncertain or classified as temporary business secrets may be temporarily withheld if disclosure could harm the company's interests or mislead investors [1][2]. Group 2: Conditions for Suspension and Exemption - Information eligible for temporary suspension or exemption must meet specific criteria, including non-leakage of information, written confidentiality commitments from insiders, and no abnormal trading activity in the company's stock [2][3]. - The company is responsible for ensuring that any temporarily withheld or exempted information does not leak and must document the decision-making process for such actions [3]. Group 3: Accountability and Procedures - The company must maintain a record of all matters related to temporary suspension or exemption, including the content, reasons, duration, and list of informed individuals [3]. - If previously withheld information is leaked or market rumors arise, the company must verify the situation and disclose relevant information promptly [3]. - The company will implement accountability measures for individuals responsible for non-compliance with the disclosure suspension or exemption conditions [3].

General Principles - The company establishes a management system for its subsidiaries to ensure the safety, integrity, and appreciation of investments, as well as the reliability of consolidated financial statements [2] - The term "subsidiary" refers to companies established by the company that have independent legal status, based on strategic planning and business development needs [2] Organizational and Personnel Management - The company participates in establishing the governance structure of subsidiaries and appoints representatives to safeguard its interests [3] - The company has the right to recommend managerial positions within subsidiaries and can propose dismissals if responsibilities are not fulfilled [3][4] Business Management - The company must clearly define the business scope and approval authority for significant transactions in the subsidiary's articles of association [6] - Subsidiaries are required to report significant transactions and must adhere to national laws and regulations [6][8] Financial Reporting Management - The company prepares consolidated financial statements to accurately reflect the financial status and operational results of itself and its subsidiaries [23] - Subsidiaries must ensure their accounting policies align with the company's policies and submit financial reports for review [10][29] Implementation and Effectiveness - The management system is effective upon approval by the company's board of directors [11]