编号：2024-16 | --- | --- | |--------------------|-----------------------------------------------------------------------------------------------------------| | | | | | 1. 请介绍一下 2024 年公司超市业态的调改举措及相关变 | | | 化？ | | | 答： 2024 年以来，公司旗下合家福超市在经营提质、运营 | | | 增效、网点拓展、供应链建设等方面持续发力升级，强化 | | | 区域统筹和向重点区域加快发展，先后开设欢乐颂店、曙 | | | 宏广场店、里店雅苑店等一批优质网点项目，目前合家福 | | | 合肥区域网点已突破 100 家，持续推动"大店带小店"、 | | | "强店带弱店"联动机制。 | | | 聚焦新业务发展模式，打造"阿福食堂"，拓展"现 | | | 场加工 + 特色小吃+酱卤熟食"品类，满足顾客一日三餐需 | | | 求，累计就餐人数超 7 万人；聚焦"夜经济""广场经济"， | | | 开展"龙虾啤酒节""龙虾电 ...

证券代码：000417 证券简称：合百集团 公告编号：2024—56 合肥百货大楼集团股份有限公司 第十届董事会第二次临时会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、 董事会会议召开情况 合肥百货大楼集团股份有限公司（以下简称"本公司"或"公司"）第十届 董事会第二次临时会议通知于 2024 年 12 月 25 日以专人或电子邮件形式送达各 位董事，会议于 2024 年 12 月 27 日以通讯表决形式召开。本次会议应表决董事 8 人，实际表决董事 8 人。本次会议的召开符合《公司法》及《公司章程》的有 关规定。 具体内容详见 2024 年 12 月 28 日披露在《中国证券报》《证券时报》《上 海证券报》、巨潮资讯网的《关于推举董事代行董事长职责的公告》。 三、备查文件 1.与会董事通讯表决票及加盖董事会印章的董事会决议； 2.深交所要求的其他文件。 1 二、董事会会议审议情况 审议通过《关于推举董事代行董事长职责的议案》 表决结果：赞成票【8】票，反对票【0】票，弃权票【0】票，审议通过本 议案。 为保证公司经营决策顺利开展，经公司董 ...

证券代码：000417 证券简称：合百集团 公告编号：2024—57 特此公告 合肥百货大楼集团股份有限公司 关于推举董事代行董事长职责的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 合肥百货大楼集团股份有限公司（以下简称"本公司"或"公司"）于 2024 年 12 月 27 日召开了第十届董事会第二次临时会议，审议通过了《关于推举董事 代行董事长职责的议案》。 鉴于沈校根先生已辞去公司董事长职务，新任董事长的选举工作尚需经过相 应的程序，为保证公司经营决策顺利开展及董事会正常运作，经公司董事会全体 董事共同推举，由公司董事、总经理张同祥先生代行董事长职责开展工作，代行 职责的期限自公司第十届董事会第二次临时会议审议通过之日起，直至董事会选 举产生新任董事长后自动解除。 合肥百货大楼集团股份有限公司董事会 2024 年 12 月 28 日 ...

证券代码：000417 证券简称：合百集团 公告编号：2024—55 沈校根先生在公司任职期间恪尽职守、勤勉尽责、锐意进取，为公司规范运 作、改革创新、转型发展等作出了重大贡献。在此，公司及董事会谨向沈校根先 生表示诚挚的敬意和衷心的感谢！ 特此公告 合肥百货大楼集团股份有限公司董事会 2024 年 12 月 25 日 合肥百货大楼集团股份有限公司 关于董事长辞职的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 合肥百货大楼集团股份有限公司（以下简称"本公司"或"公司"）董事会 于今日收到公司董事长沈校根先生的书面辞呈，沈校根先生因工作变动原因，申 请辞去公司第十届董事会董事长、董事、董事会战略委员会委员及召集人职务。 辞职后，沈校根先生将不再担任公司任何职务。 根据《公司法》和《公司章程》等有关规定，沈校根先生的辞职未导致公司 董事会成员低于法定人数，不会影响公司董事会正常运作，其辞职报告自送达公 司董事会时生效。截至本公告披露日，沈校根先生未持有本公司股份。公司董事 会将按照有关规定尽快完成董事、董事长及相关委员会委员的选任工作。 ...

证券代码：000417 证券简称：合百集团 合肥百货大楼集团股份有限公司投资者关系活动记录表 编号：2024-15 | --- | --- | --- | |-------------------------|-----------------------------------------------|----------------------------------------------------------| | | | | | | ☑ 特定对象调研 | □ 分析师会议 | | | □ 媒体采访 □业绩说明会 | | | 投资者关系活动类别 | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □其他（请文字说明其他活动内容） | | | | | 国泰君安、博时基金、天治基金、中欧基金、德邦证券、 | | 活动参与人员 | 上海冲积资产 | 财通证券、东方财富、广发证券、国元证券、中信证券、 | | | | | | 时间 | 2024 年 12 月 17 日 | | | 地点 | 公司会议室 | | | 形式 | 线下调研 | | | | | | | 上市公司接待人员 | ...

Agricultural Business Development - The company operates 5 agricultural product trading markets, including self-built logistics parks and light-asset managed markets [1] - Zhougudui Daxing Logistics Park achieved a transaction volume of 4.72 million tons and a transaction value of 34 billion yuan in 2023, with a net profit of 164 million yuan [1] - Suzhou Baida Logistics Park achieved a transaction volume of 1.87 million tons and a transaction value of 16 billion yuan, with a net profit of 13.67 million yuan [1] - Feixi Logistics Park officially opened in September 2023 [1] - The company established an agricultural product circulation operation headquarters in the first half of 2024 to integrate resources and explore integrated operation management [1] - Zhougudui Daxing Logistics Park and Suzhou Baida Logistics Park will focus on facility updates, standardized management, and quality improvement [3] - Feixi Logistics Park is positioned as a first-class domestic agricultural product resource allocation center, emphasizing specialization, differentiation, and large-scale operations [3] - The company has developed a live-streaming matrix with 4 accounts, hosting over 870 live-streaming events from January to November 2024, with 370,000 participants and 520,000 items sold, generating nearly 30 million yuan in online sales [3] Cold Chain Logistics - The company established the Anhui Cold Chain Industry Development Alliance with 135 members to accelerate regional cold chain resource integration [3] - Zhougudui Daxing Logistics Park optimized its cold storage product structure, with a total throughput of 140,000 tons from January to November 2024 [5] - Feixi Logistics Park has built 118 small cold storage rooms with a capacity of 20,000 cubic meters and secured 154.51 acres for the second phase of cold chain logistics [5] - Hejiakang Agricultural Product Processing and Distribution Company built a 16,000 square meter multi-functional distribution center, achieving a distribution volume of 51,200 tons from January to November 2024 [5] Supermarket Business - Hejiafu Supermarket added 240 new brands from January to November 2024, with a renewal rate of 12.5% [5] - The supermarket added 42 direct-operated brands, totaling 312, and expanded its fresh produce direct procurement base to 73 [5] - The company developed 380 private label products, with sales increasing by 142% year-on-year [5] - New business models such as "Afu Fresh" and "Hejiafu Select" were launched, with the "Afu Canteen" serving over 70,000 customers since May 2024 [5] - Hejiafu Supermarket achieved a net profit of 35.63 million yuan in the first half of 2024, a year-on-year increase of 93.15% [5] Department Store Transformation - The company repositioned its department stores through strategies like "one store, one policy" and "thousands of stores, thousands of faces" [7] - The first commercial street project, Baida Yuejie Xindian Garden, opened in June 2024, serving over 12,800 households in the surrounding community [7] - Baida CBD transformed into an urban outlet, focusing on "brand + discount" combinations to meet consumer demand for high-quality and cost-effective products [7] - The department store sector introduced 209 new brands by the end of Q3 2024, with a brand renewal rate of 8%, including 21 provincial and municipal first-store brands [7]

证券代码：000417 证券简称：合百集团 合肥百货大楼集团股份有限公司投资者关系活动记录表 编号：2024-13 | --- | --- | --- | |-------------------------|-----------------------------------------------|----------------------------------------------------| | | | | | | ☑ 特定对象调研 | □ 分析师会议 | | | □ 媒体采访 □业绩说明会 | | | 投资者关系活动类别 | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □其他（请文字说明其他活动内容） | | | 活动参与人员 | | 广发证券杨起帆，广发基金杨松霖，嘉实基金张浩嵩、王 | | | 力，华泰柏瑞张又天，天风证券何富丽 | | | 时间 | 2024 年 12 月 6 日 | | | 地点 | 公司会议室 | | | 形式 | 线下调研、线上交流 | | | 上市公司接待人员 | 副总经理、总会计师：刘华生 董事会秘书：杨志春 | | | | ...

Investment Rating - The report assigns a "Buy" rating to the company, with a target price of 8.46 CNY per share based on a 20x PE valuation for 2025 [5][3]. Core Viewpoints - HeBai Group is a leading comprehensive commercial circulation enterprise in Anhui Province, primarily engaged in retail and agricultural product wholesale, actively expanding into five new business areas: online, cross-border, cold chain, consumer finance, and emerging industries [1][2]. - The company has a strong brand influence in Anhui, operating 24 department stores, 199 supermarkets (180 direct-operated and 19 franchised), and 25 appliance stores as of H1 2024 [1][2]. - The company's revenue for H1 2024 increased by 2.02% year-on-year to 3.7 billion CNY, with revenue contributions from various segments: department stores (including appliances) at 35.95%, supermarkets at 49.62%, agricultural trading services at 8.31%, and real estate at 6.11% [1][2][4]. Summary by Sections Business Overview - HeBai Group has undergone significant transformation and expansion since its establishment in 1959, evolving from a department store to a diversified group with over 300 chain outlets [39][40]. - The company has faced challenges due to the pandemic but has shown recovery, with 2023 revenue reaching 6.688 billion CNY, a 6.13% increase from the previous year [43][44]. Retail and Agricultural Product Distribution - The company is focusing on upgrading its core retail and agricultural wholesale businesses to strengthen market competitiveness [2][3]. - The retail segment is being restructured to enhance product offerings, customer experience, and service quality, with new store formats and private label products being introduced [2][3]. Financial Forecast and Investment Recommendations - The company is expected to achieve net profits of 290 million CNY, 330 million CNY, and 400 million CNY for 2024, 2025, and 2026, respectively, reflecting growth rates of 8.0%, 15.7%, and 20.7% [3][4]. - The report anticipates a steady increase in revenue across all business segments, with significant growth expected in agricultural trading services due to new logistics facilities [148][149].

Revenue and Profitability - The company achieved a total revenue of CNY 369,991.05 million in the first half of 2024, with the following revenue composition: Department store (including home appliances) accounted for 35.96%, supermarket for 49.62%, agricultural product trading market for 8.31%, and real estate for 6.11% [1] - Gross profit margins are as follows: Department store (including home appliances) at 29.25%, supermarket at 21.19%, agricultural product trading market at 68.56%, and real estate at 17.99% [1] Agricultural Product Trading Market - The main business model of the agricultural product trading market includes booth rentals and transaction commissions, with fixed rental income collected annually [2] - The Zhougudui International Logistics Park has become the largest agricultural product distribution center in Anhui Province, achieving a trading volume of 415.35 million tons from January to October 2024, a year-on-year increase of 3.83% [2] Supply Chain Technology Company - The company plans to establish a supply chain technology company to enhance the agricultural product industry chain and optimize supply chain management, focusing on self-operated and direct sales [2] - The new supply chain company aims to integrate resources and innovate technology, transitioning from traditional service management to a comprehensive service model that includes procurement, distribution, and cold chain logistics [4] Real Estate Business - The real estate business currently focuses on supporting the agricultural trading market project, with revenue from real estate accounting for 5.72% in the first three quarters of 2024 [4] Department Store Strategy - The company has introduced 209 new brands in the department store sector in the first three quarters of 2024, achieving a brand renewal rate of 8%, including 21 provincial and municipal first stores [4] - The company is transforming its CBD into an outlet to meet consumer demand for high-quality and cost-effective shopping [4] Supermarket Performance - The company's supermarket, Hejiafu, has significantly increased its net profit compared to the previous year, with a 142.25% increase in sales of self-owned brand products [6] - New business models such as "Afu Fresh," "Hejiafu Preferred," and "Afu Canteen" have been launched to enhance consumer engagement and expand the supermarket's network [6] Cash Dividend Policy - The company has implemented cash dividends 26 times since its listing, with a total dividend amount of CNY 1.502 billion, and plans to increase cash dividends while considering industry characteristics and operational needs [6]

证券代码：000417 证券简称：合百集团 合肥百货大楼集团股份有限公司投资者关系活动记录表 编号：2024-11 | --- | --- | --- | |-------------------------|-----------------------------------------------|----------------------------------------------------| | | ☑ 特定对象调研 | □ 分析师会议 | | | □ | 媒体采访 □业绩说明会 | | 投资者关系活动类别 | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □其他（请文字说明其他活动内容） | | | 活动参与人员 | | 广发证券嵇文欣，上海正心谷投资鄢鹏、金鑫 | | 时间 | 2024 年 11 月 22 日 | | | 地点 | 公司会议室 | | | 形式 | 线下调研 | | | 上市公司接待人员 | 副总经理、总会计师：刘华生 董事会秘书：杨志春 | | | | 1. | 请介绍下证券简称变更为"合百集团"的背景考量？ | | | | 答：公司自上 ...