编辑 杨娟娟 新京报贝壳财经讯 9月1日，永辉超市发布公告称，根据调整后的方案，永辉超市本次向特定对象发行A 股股票的拟募集资金总额由此前不超过约39.92亿元调整为不超过约31.14亿元，约缩减金额8.78亿元。 与此同时，永辉超市拟使用募集资金进行调改的门店数量也相应减少，由原计划的298家调整为216家， 剩余门店永辉超市将使用自有资金进行调改。 ...

证券代码：601933 证券简称：永辉超市 公告编号： 2025-050 永辉超市股份有限公司 关于 2025 年度向特定对象发行 A 股股票预案（修订 稿）披露的提示性公告 预案披露事项不代表审核机关对于本次向特定对象发行股票相关事项的实 质性判断、确认或批准，预案所述本次向特定对象发行股票相关事项的生效和完 成尚需公司股东会审议通过，并经过上海证券交易所审核通过、中国证券监督管 理委员会同意注册后方可实施，敬请广大投资者注意投资风险。 特此公告。 永辉超市股份有限公司董事会 二〇二五年九月二日 本公司及董事会全体成员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法律责任。 永辉超市股份有限公司（以下简称"公司"）于 2025 年 9 月 1 日召开第六 届董事会第六次会议和第六届监事会第五次会议，审议并通过了《关于公司 2025 年度向特定对象发行 A 股股票预案（修订稿）的议案》及其他相关议案，具体 内容详见公司刊登在上海证券交易所网站（www.sse.com.cn）的《永辉超市股 份有限公司 2025 年度向特定对象发行 A 股股票预案（修订稿）》及 ...

Core Viewpoint - Yonghui Supermarket Co., Ltd. plans to issue A-shares to specific investors to raise funds for store upgrades and logistics improvements, aligning with its strategic transformation towards "quality retail" [9][10]. Group 1: Issuance Overview - The total amount to be raised from the issuance is capped at 311,386.04 million RMB, with the net proceeds allocated to various projects [15][18]. - The issuance will involve no more than 35 specific investors, including securities investment funds, securities companies, and qualified foreign institutional investors [10][12]. - The final issuance price will be determined based on the average trading price of the company's shares over the 20 trading days prior to the pricing date, with a minimum price set at 80% of this average [12][13]. Group 2: Purpose and Use of Funds - The funds raised will primarily be used for upgrading 216 stores and enhancing logistics capabilities, which are crucial for the company's strategic direction [18][24]. - The store upgrade project aims to implement the "Pang Donglai model" to improve market image and service quality, thereby increasing customer satisfaction and sales [19][20]. - The logistics upgrade project will enhance the company's supply chain capabilities by introducing advanced automation and smart warehousing systems [25][26]. Group 3: Strategic Context - The retail industry is facing intensified competition, prompting companies like Yonghui to adapt by enhancing customer experience and product quality [9][10]. - The company has already completed upgrades in 31 stores, resulting in significant increases in customer traffic and sales [19][23]. - National policies are increasingly supportive of retail transformation, providing a favorable environment for projects aimed at improving service quality and operational efficiency [29][30].

Core Viewpoint - The announcement discusses the impact of the issuance of A-shares to specific investors on the company's immediate return and outlines measures to mitigate the dilution of returns for shareholders [1][5][9] Financial Impact Analysis - The company analyzed the effects of the stock issuance on key financial indicators, emphasizing that the assumptions used for calculations do not represent profit forecasts for 2025 [2][3] - The total share capital before the issuance was 9,075,036,993 shares, which will increase to 11,797,548,090 shares post-issuance [3] - Under three scenarios, the projected net profit attributable to shareholders for 2025 varies significantly, with the first scenario estimating a net profit of -481,143,116.48 yuan after the issuance [4][5] Scenarios for Net Profit and Earnings Per Share - Scenario 1: Net profit of -481,143,116.48 yuan, basic earnings per share of -0.05 yuan [4] - Scenario 2: Net profit of -384,914,493.18 yuan, basic earnings per share of -0.04 yuan [4] - Scenario 3: Net profit of -577,371,739.78 yuan, basic earnings per share of -0.06 yuan [4] Necessity and Reasonableness of the Issuance - The issuance is deemed necessary for upgrading stores, enhancing logistics, and improving working capital, aligning with the company's strategic development [6][8] - The company operates over 700 chain supermarkets across 29 provinces and municipalities, with a focus on quality retail and customer experience [7][8] Measures to Mitigate Dilution of Immediate Returns - The company will enhance the efficiency of fund usage and ensure that funds are used for designated projects [6][9] - Internal control management will be strengthened to ensure compliance with relevant laws and regulations [9] Commitment from Related Parties - The board and senior management have committed to ensuring the effectiveness of measures to mitigate the dilution of immediate returns, adhering to regulatory requirements [9]

Fundraising Plan - The company plans to raise a total of up to 311,386.04 million yuan through a targeted stock issuance, with the net amount after deducting issuance costs to be fully allocated to specific investment projects [1] - The total investment amount for the projects is 468,829.86 million yuan, indicating a significant commitment to enhancing operational capabilities [1] Store Upgrade Project - The company aims to upgrade 216 stores using the "Fat Donglai model," focusing on improving market image, service quality, and overall consumer experience [2][3] - The total investment for this project is 397,929.14 million yuan, with 240,485.32 million yuan sourced from the raised funds [2] - The project is a strategic response to the challenges posed by e-commerce and changing consumer preferences, with 75% of surveyed supermarkets reporting sales growth post-upgrade [2][3] Product Structure Optimization - The project will enhance product diversity and quality, focusing on increasing the proportion of imported brands and ready-to-eat products to meet evolving consumer demands [4][5] - The aim is to improve customer loyalty and repurchase rates through a comprehensive upgrade of product offerings [4] Service Quality and Customer Experience - The company is committed to enhancing service quality and customer experience by optimizing store layouts and introducing modern facilities [5][6] - The upgrades will address issues such as inefficient space utilization and outdated displays, thereby improving overall operational quality and brand influence [5][6] Logistics and Warehouse Upgrade Project - The company plans to expand and upgrade its logistics and warehouse centers, introducing advanced technologies such as automated sorting lines and smart storage systems [7][8] - The total investment for this project is 30,900.72 million yuan, fully funded by the raised capital [8] - The upgrades aim to enhance supply chain efficiency and support the company's quality retail strategy by improving logistics capabilities [9][10] Financial Strategy - The company intends to allocate up to 40,000.00 million yuan of the raised funds to supplement working capital or repay bank loans, which is crucial for maintaining financial stability [15][16] - As of June 30, 2025, the company has a total debt of 299.59 billion yuan, with a debt-to-asset ratio of 88.2%, indicating a need for improved financial management [16]

证券日报网讯 9月1日晚间，永辉超市发布公告称，公司第六届董事会第六次会议审议通过了《关于调 整公司2025年度向特定对象发行A股股票方案的议案》等多项议案。 （文章来源：证券日报） ...

（文章来源：证券日报） 证券日报网讯 9月1日晚间，永辉超市发布公告称，公司第六届监事会第五次会议审议通过了《关于调 整公司2025年度向特定对象发行A股股票方案的议案》等多项议案。 ...

Core Viewpoint - Walmart Mexico and Central America plans to invest $260 million in El Salvador over the next five years, starting with a new supercenter in Santa Tecla aimed at regional development [1] Investment Details - The investment will be allocated for opening new stores, renovating existing ones, upgrading factories and distribution centers, enhancing logistics networks, and improving technology to support the company's omnichannel strategy [1] New Store Features - The new Santa Tecla store will be Walmart's seventh supercenter in the country and the 103rd nationwide, featuring over 200 parking spaces, an online order pickup area, and self-checkout stations [1] - The store will incorporate sustainable technologies, including a solar power system, electric vehicle charging stations, and a zero greenhouse gas emission CO2 refrigeration system, along with mercury-free LED lighting and water-saving fixtures [1]

Core Viewpoint - Sanjiang Shopping Club Co., Ltd. reported a slight increase in revenue and significant growth in net profit for the first half of 2025, indicating a stable operational performance despite challenges in the retail sector [1][2]. Company Overview and Financial Indicators - The company’s total revenue for the first half of 2025 was approximately RMB 1.99 billion, a 1.30% increase from the previous year [2]. - The total profit amounted to approximately RMB 123.72 million, reflecting a 16.06% increase year-on-year [2]. - The net profit attributable to shareholders was approximately RMB 91.38 million, up 17.55% compared to the same period last year [2]. - The company’s total assets decreased by 1.99% to approximately RMB 4.99 billion, while net assets slightly decreased by 0.55% to approximately RMB 3.19 billion [2]. Business Performance Analysis - The company’s main business revenue increased by 1.05%, with food sales slightly declining by 0.22% and fresh produce sales increasing by 6.60% [3][4]. - The gross profit margin for the first half of 2025 was 25.17%, a decrease of 0.88 percentage points compared to the previous year [4]. - The company has focused on enhancing employee income, with an average monthly income increase of 14.6% for store staff [3]. Strategic Initiatives - The company is committed to improving product quality through direct sourcing from certified suppliers and implementing a full-chain cold chain management system [3]. - A significant project, the Ningbo Cold Chain Distribution Center, is progressing well, with 80% of the main construction completed [3]. - The company emphasizes a "people-oriented" management approach, aiming to enhance employee satisfaction and customer loyalty through standardized operational practices [3]. Market Position and Competitive Advantage - Sanjiang Shopping has established a strong presence in Zhejiang province, with 185 stores and a high customer loyalty rate, boasting 925,000 active members [3]. - The company leverages big data analytics to optimize its supply chain and enhance the shopping experience for customers [3].

）首 次公开发行股票并在上交所主板上市以及 2016 年度非公开发行股票的保荐人， 根据《证券发行上市保荐业务管理办法》 国泰海通证券股份有限公司 关于三江购物俱乐部股份有限公司 使用部分暂时闲置募集资金进行现金管理的核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐人"）作为三 江购物俱乐部股份有限公司（以下简称"三江购物"、"公司"或"发行人" 《上市公司募集资金监管规则》 《上海证 券交易所上市公司自律监管指引第 1 号——规范运作》《上海证券交易所股票上 《上海证券交易所上市公司自律监管指引第 11 号——持续督导》等有关 市规则》 法律法规和规范性文件的要求，就公司使用暂时闲置募集资金进行现金管理的事 项进行了审慎核查，并发表如下核查意见: 一、募集资金基本情况 经中国证券监督管理委员会《关于核准三江购物俱乐部股份有限公司非公开 发行股票的批复》 （证监许可〔2018〕1286 号）核准，公司向特定对象非公开发 行人民币普通股（A 股）136,919,600 股，每股发行价格为人民币 10.71 元，募集 资金总额为人民币 146,640.89 万元，扣除各项发行费用后实际募集资金净额 ...