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Yonghui Superstores' Reform Leadership Team Temporarily Takes Over Chief Executive Officer Post; Shares Down 4%
Yonghui Superstores (SHSE:601933) Delivers Shareholders Stellar 105% Return Over 1 Year, Surging 8.5% in the Last Week Alone
Accelerating store closures and adjustments, globally recruiting a CEO, Yonghui has officially entered the "Ye Guofu Era."
Clear out the inventory stores in two years.
Yonghui Shareholder Meeting: 2k-3k medium and small supermarkets are a trend for transformation, the "Fat Donglai model + quality retail" is the future of supermarkets in China.
CEO of MINISO, Ye Guofu, stated that we are currently on the eve of a major reshuffle in offline supermarkets. In the future, 1-2 national supermarket leaders will emerge, with high-quality products and services along with stores and distribution centers spread across the country forming the foundation of future consumer demand. Small and medium-sized supermarkets of 2,000-3,000 square meters are the trend for transformation. Yonghui will adhere to the Fat Donglai model and the strategic direction of quality retail, which represents the future of supermarkets in China.
Hua Chuang Securities: The transformation period of offline retail enterprises gives rise to new investment opportunities. It is recommended to pay special attention to Yonghui Superstores (601933.SH) and others.
In the long run, supply chain capabilities are key for retailers to compete, and retailers with strong supply chain capabilities can accelerate their development through instant retail.
Is Yonghui Superstores (SHSE:601933) Using Too Much Debt?