Research Reports to identify opportunities | HAITONG SEC: Maintain Yonghui Superstores 'Outperform' rating, this round of strategic adjustments is correct, the road is challenging and long.

Gelonghui December 20 | HAITONG SEC Research Reports pointed out that considering Yonghui Superstores (601933.SH) net margin is still in the early stage of recovery, a price-to-sales ratio of 0.8-1 times for 2025 is given, corresponding to a reasonable Market Cap Range of 58.1 billion yuan - -72.6 billion yuan, and a reasonable value Range of 6.4-8.0 yuan, maintaining an "outperform the market" investment rating. Returning to the essence of retail, moving towards the starry sea. The bank believes that the concentration of China's offline retail market is low, with intensified competition being an external factor, while poor own efficiency is the primary reason. A new round of optimization reform promotes comprehensive adjustments and transformations for front-store and back-end supply chains, with the core focus of supply chain reform being on.

Gelonghui FinanceDec 20 15:30 · Ratings

Yonghui Superstores (601933): Returning to the essence of retail, moving towards the stars and the sea.

Review: The leader of supermarkets in China has grown during its transformation. ① Development history: Industry boom period (2010-2014) strengthened scale effects, driven by both new stores and same-store growth, with significant advantages in the fresh food supply chain; transformation period (2010-2019)

HAITONG SECDec 20 13:02

Express News | Yonghui Superstores: The company's shareholders have signed a supplemental agreement for the share purchase agreement.

BreakingsDec 19 21:15

China Sees Mixed Trading on US Rate Cut, China Lending Rate Outlooks; Yonghui Superstores Falls 9%

MT NewswiresDec 19 15:44

A-share fluctuation丨Yonghui Superstores fell over 8%, selling 9.87% of shares in Zhongbai Holdings Group.

On December 19, Glonghui reported that Yonghui Superstores (601933.SH) fell over 8%, trading at 6.32 yuan, with a total market value of 57.35 billion yuan. Yonghui Superstores announced that its wholly-owned subsidiary, Chongqing Yonghui Superstores Co., Ltd., will sell a total of 67.1013 million shares of Zhongbai Holdings Group Co., Ltd. through centralized bidding from December 3, 2024 to December 17, 2024, accounting for 9.87% of its share capital, with a sale amount of approximately 0.44 billion yuan. Before the sale, the book value of the shares held by Chongqing Yonghui for Zhongbai Holdings Group was 0.279 billion yuan, and the initial investment cost was 0.486 billion yuan. This sale will increase.

Gelonghui FinanceDec 19 14:00

Yonghui Superstores Unit Divests Stake in Zhongbai Holding for 440 Million Yuan; Shares Dip 8%

MT NewswiresDec 19 13:58