ZBJT(SZ:000759)2025-05-09 09:12Group 1: Company Performance and Financials - In 2024, the company achieved a revenue of CNY 10.381 billion, with a net profit attributable to shareholders of -CNY 528 million [5] - In Q1 2025, the revenue was CNY 2.566 billion, with a net profit attributable to shareholders of -CNY 98.851 million [5] Group 2: Industry Overview - In 2024, the total retail sales of consumer goods increased by 3.5% year-on-year, while online retail sales grew by 7.2% [2] - Among retail formats, convenience stores, specialty stores, and supermarkets saw year-on-year growth of 4.7%, 4.2%, and 2.7% respectively, while department stores and brand specialty stores experienced declines of 2.4% and 0.4% [2] Group 3: Future Growth Drivers - Key drivers for future profit growth include focusing on digital transformation, enhancing organizational efficiency, and optimizing cost control [1] - The company plans to strengthen member marketing and promote its "Zhongbai Neighborhood Purchase" app to enhance online product management and marketing [1] Group 4: Strategic Initiatives - The company aims to deepen supply chain reforms and improve store-level profitability through tailored strategies [2] - Plans include the closure of underperforming stores and the introduction of community service projects to enhance service quality [2] Group 5: Challenges and Responses - The company faces significant challenges due to increased competition from discount stores and e-commerce, leading to reduced foot traffic in traditional supermarkets [5] - To address losses, the company is focusing on digital transformation, supply chain optimization, and enhancing management structures [5]