Core Viewpoint - The company reported a significant decline in revenue for the first half of 2025, with total operating income decreasing by 30.68% compared to the same period in the previous year, primarily due to structural adjustments in the consumer industry and fluctuations in international gold prices [1][2][3]. Summary by Category Business Performance - The total operating income for the first half of 2025 was approximately 19.11 billion yuan, down from 27.57 billion yuan in the same period last year [2][3]. - The gross profit margin decreased by 32.11% year-on-year, indicating a challenging operating environment [2][3]. - The jewelry segment saw a slight increase in gross profit margin by 0.43%, while the restaurant management and services segment experienced a decrease of 0.74% [1][2]. Revenue Breakdown by Industry - The main business segments included: - Jewelry: Revenue of approximately 14.54 billion yuan, with a gross profit margin decrease of 35.87% [1]. - Food and Beverage: Revenue of approximately 510.89 million yuan, with a gross profit margin decrease of 16.69% [1]. - Other segments, such as pharmaceuticals and cosmetics, also reported varying changes in revenue and gross profit margins [1][2]. Revenue Breakdown by Region - Revenue by region showed significant variances: - Shanghai: Revenue decreased by 40.70% to approximately 14.08 billion yuan [3]. - Sichuan: Revenue increased by 121.59% to approximately 535.18 million yuan [3]. - Notable declines were observed in regions like Japan, where revenue fell by 61.75% [3]. - The overall regional performance reflects a mixed impact of market conditions and operational adjustments [3]. Store Network - As of June 2025, the company operated a total of 4,249 retail outlets under the "Lao Miao" and "Ya Yi" brands, down from 4,615 at the end of 2024 [4]. - The company continues to adjust its store network based on regional market conditions, indicating a strategic response to changing consumer behaviors [4].

| 证券代码：600655 | 证券简称：豫园股份 | 公告编号：临2025-051 | | --- | --- | --- | | 债券代码：242519 | 债券简称：25豫园01 | | | 债券代码：242813 | 债券简称：25豫园02 | | | 债券代码：242814 | 债券简称：25豫园03 | | 上海豫园旅游商城（集团）股份有限公司 关于公司 2025 年第一季度经营情况的公告 本公司董事会及全体董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法律责任。 根据《上市公司自律监管指引第3号》、《关于做好主板上市公司2025年第一季度报 告披露工作的重要提醒》要求，上海豫园旅游商城（集团）股份有限公司（以下简称"公 司"）现将2025年第一季度公司分行业、分地区营业收入，主要营业网点情况披露如下： 一、 本报告期内，公司主营业务分行业情况 单位:元 币种:人民币 | | | 主营业务分行业情况 | | | | | | --- | --- | --- | --- | --- | --- | --- | | 分行业 | 营业收入 | 营业成 ...