Core Points - Xinjisha Xiangxi (03603) announced that Xinjihotai Hotel Supplies City, the second largest mall of the group, is a well-known hotel supplies wholesale market in Guangzhou, China [1] - The existing lease agreement for the land where Xinjihotai Hotel Supplies City is located will expire on May 31, 2026, with a bidding process initiated by the Rural Collective Asset Trading Center on October 14, 2025 [1] - The bidding process will take place on December 17, 2025, with applications accepted from October 15 to December 15, 2025 [1] - If the group wins the bid, a lease agreement with SVSEC is expected to be signed between December 25 and December 31, 2025 [1] - If the group does not win the bid and no written objections are received during the five business days following the announcement of the bidding results, the deposit paid by the group will be fully refunded without interest [1] Property Details - The landlord is the Cooperative Economic Society of Shanghe Village, Luopu Street, Panyu District, Guangzhou [2] - Property I includes a shop located at No. 101 Yingbin Road, Shanghe Village, with a land area of approximately 70,600 square meters, a vacant area of about 42,100 square meters, and a building area of approximately 60,100 square meters [2] - Property II includes a shop located at No. 2 Shanghe Street, with a land area of approximately 22,700 square meters, a vacant area of about 19,200 square meters, and a building area of approximately 7,288.07 square meters [2] - Xinjihotai Hotel Supplies City has been in operation since 2007, with the group leasing the land use rights from SVSEC since 2006 [2] - If the group becomes the winning bidder, it will continue to operate Xinjihotai Hotel Supplies City through these properties [2]

Core Points - The announcement from Xinjishaxi (03603) indicates that the existing lease agreement for the property of Xinjihotai Hotel Supplies City will expire on May 31, 2026 [1] - A bidding process for the property will take place on December 17, 2025, with applications accepted from October 15, 2025, to December 15, 2025 [1] - If the company wins the bid, a lease agreement with SVSEC is expected to be signed between December 25 and December 31, 2025 [1] Property Details - Property I is located at No. 101 Yingbin Road, Panyu District, Guangzhou, covering a land area of approximately 70,600 square meters, with a vacant area of about 42,100 square meters and a building area of around 60,100 square meters [2] - Property II is located at No. 2 Shangwa Street, Panyu District, Guangzhou, with a land area of approximately 22,700 square meters, a vacant area of about 19,200 square meters, and a building area of approximately 7,288.07 square meters [2] - Xinjihotai Hotel Supplies City has been in operation since 2007, and the company has been leasing the land from SVSEC since 2006 for its operations [2]

Core Insights - The article highlights the operational challenges faced by traditional wholesale markets, including poor merchant management, chaotic stall resource management, outdated charging models, severe data silos, and subpar service quality [1] Group 1: Pain Points in Traditional Wholesale Markets - Merchant management is lax, with outdated information stored in paper or scattered Excel files, leading to a lack of dynamic oversight on merchant categories, credit status, and contract durations [1] - Stall resource management is disorganized, with a cumbersome leasing process that relies on manual updates, resulting in high communication costs and low efficiency [1] - The charging model is outdated and complex, making it difficult to recover funds, with a high workload for financial reconciliation and potential disputes [1] - Data silos are prevalent, preventing market management from obtaining a comprehensive and real-time view of data necessary for strategic decision-making [1] - Service quality is poor, with merchants needing to navigate multiple processes and lacking efficient communication channels for complaints and suggestions [1] Group 2: Proposed Integrated Management Platform - The core proposal is to create an integrated smart management platform for wholesale markets, emphasizing "one platform, one database" to connect merchants, stalls, and charging modules [2] - The platform will utilize a cloud-based SaaS model, accessible via PC and mobile apps, allowing for flexible management operations [3] Group 3: Functional Modules of the Platform - Merchant lifecycle management will be digitized, including electronic merchant profiles, online application and contract signing, a credit rating system, and a communication platform for efficient feedback [6][10] - Stall asset visualization will be implemented, featuring a clear floor plan, online management of the leasing process, and intelligent reminders for contract renewals [7][8] - Smart charging and financial automation will allow for flexible fee configurations, automatic billing, and integration with various online payment methods, significantly improving payment collection efficiency [9] Group 4: Benefits of the Integrated Platform - The platform is expected to enhance operational efficiency and reduce management costs by over 70% through online processes, leading to significant improvements in leasing and charging efficiency [9] - It aims to ensure financial security and stable cash flow through real-time online payments, reducing bad debt risks [9] - Data-driven decision-making will be facilitated, maximizing stall asset value through visual reports and analytical models [9] - The platform will improve merchant experience by providing convenient online services, fostering loyalty and satisfaction among merchants [10] Group 5: Implementation Phases - The implementation will occur in three phases: planning and pilot (1-2 months), full-scale promotion and data migration (3-4 months), and ongoing optimization and expansion (long-term) [11][14][17] - The first phase involves forming a project team and selecting pilot areas for core module deployment [12][13] - The second phase will enforce online charging and migrate existing data to the new system [15][16] - The third phase will focus on continuous system optimization and exploring integration with smart hardware [18] Conclusion - The digital transformation of wholesale markets is framed as a survival necessity, with the proposed integrated management platform addressing key operational pain points and offering a pathway to enhanced efficiency and competitiveness in the evolving commercial landscape [18]