CCOOP Group Co., Ltd
供销大集
000564
Shenzhen Stock Exchange
Company Profile
1. shareholder advantage During the reporting period, the controlling shareholder of the company is Beijing Zhonghe Nongxin Enterprise Management Consulting Co., Ltd., and the actual controller is the All China Federation of Supply and Marketing Cooperatives. The controlling shareholder and actual controller of the company have unique advantages in promoting rural revitalization and serving urban life, which is conducive to the company's long-term strategic development layout and provides strong support for achieving high-quality and rapid development of the company. 2. high-quality asset matrix The company holds approximately 2.04 million square meters of high-quality self owned properties, strategically located in 17 provinces and 44 cities, forming a multi-level layout of "new first-tier city landmarks + second-and third-tier regional hubs+ third-and fourth-tier potential assets". With commercial assets as the core, the company has built a composite business model of "shopping centers + supermarkets + office buildings + community commerce + underground civil air defense commerce + centralized procurement and distribution center ", boasting a large coverage area and a long urban hierarchy depth. In new first-tier cities, there are landmark buildings such as Chongqing Baoli Plaza and Qingdao Wanbang Centre. There are also regional commercial hubs with high market popularity, such as Tianjin International Plaza and Wanghai International Plaza in Haikou. Meanwhile, the rental rates of its projects in third- and fourth-tier cities rank among the top of the local market average. In county-level areas, its underground civil air defense commerce projects and centralized procurement and distribution center often serve as regional commercial engines. All these assets constitute a solid foundation and guarantee for the company's future operational development and value enhancement. 3. full chain operation capabilities The company has mature professional talents and service teams in commercial investment and operation, logistics management, wholesale trade, e-commerce operation, covering emerging fields such as luxury goods investment, smart logistics, and cross-border e-commerce. With more than 60 years of business practice and experience accumulation, the company has established a complete full value chain management system, accumulated brand resources and digital empowerment. Through the sharing of customer resources among various businesses, it promotes the growth of business benefits. 4. strategic locations for layout Taking the Hainan Free Trade Port as a strategic fulcrum, Wanghai International Plaza, a subsidiary of the company, is based in Hainan and enjoys the advantages of the Hainan Free Trade Port's development into an international tourism consumption center. The Guangdong-Hong Kong-Macao Greater Bay Area serves as a regional springboard. Shunkelong, a subsidiary of the company, already has a solid foundation in the chain supermarket business in the Guangdong-Hong Kong-Macao Greater Bay Area and has created an ecosystem of "direct fresh produce procurement + instant retail + community services". By leveraging regional policies, the company has established a triangular strategic layout of "Hainan Cross-border Trade + the Greater Bay Area Consumer Terminals + Central and Western Logistics Nodes", forming core competitiveness that can withstand economic cycles.
Full description
The company is a large-scale national commodity circulation service enterprise, positioned as an operator of urban and rural circulation infrastructure facilities. According to the industry classification by the China Securities Regulatory Commission, it belongs to the "wholesale and retail industry". The company's main businesses include commercial operations, trade logistics, and commodity trading. During the reporting period, these three core businesses developed synergistically, enabling the company to turn losses into profits and achieve a stable and improving operating performance. 1. Business operations are centered around physical stores, building a three-in-one development engine of "supermarkets and department stores + asset leasing + management output", covering regions such as Hainan, Guangdong, Shaanxi, Hunan, Jiangsu, and Jilin. During the reporting period, the company continued to deepen and optimize the business format mix, actively responding to changes in new consumption trends. The supermarket chain segment, with Shunkelong as the core carrier, leveraged the policies of the Guangdong-Hong Kong-Macao Greater Bay Area to build an ecosystem of "fresh food direct procurement + instant retail + community services". Through "in-depth regional development + scenario innovation", it builds an omni-channel network, and uses digital and AI technologies to optimize the "online ordering + community self-pickup" model, deepening instant retail cooperation with Meituan and JD Daojia to improve short-distance delivery efficiency. Commercial real estate projects focus on the trend of consumption upgrading, activating revenue through business format innovation. The Changchun project has created a "night economy complex" led by entertainment formats, supplemented by e-commerce clusters and specialty restaurants, driving project revenue growth. It focuses on industrial property operations in key national and regional central cities, focusing on "commercial operation + industry-city integration" (integrating industrial development with urban functions) to create an intelligent and high-value-added industrial ecosystem, aggregating urban and surrounding commercial and trade industries, and activating asset value. The "Xingyue Mall" underground civil defense commercial space operated by the company integrates shopping, leisure, and national defense emergency functions, deeply participating in the construction of the urban safety system. During the reporting period, the total customer flow of the Xingyue Mall operating block increased by 11% year-on-year. Main stores in Zunyi, Guiyang, Panzhihua, and Yining were successfully established, and the Minsheng Department Store (Luomashi Branch) took the lead in completing the "Xingyue MALL" brand upgrade. In terms of brand output, through the "TOD + dual-function for daily and emergency scenarios" standardized model, the company signed light asset projects to output the "Xingyue Mall" brand, achieving revenue generation in commercial operations. 2. The commerce and logistics business focuses on the dual-driven model of "logistics + commerce", leveraging the advantages of local characteristic agricultural industries to build a comprehensive logistics park integrating centralized procurement and trading, warehousing, and cold chain services for agricultural products. Relying on supply chain upgrades and omni-channel operations, the company actively embraces digital transformation and connects more upstream and downstream trading partners. During the reporting period, the centralized procurement and distribution center segment managed five centralized procurement and distribution centers and logistics parks in Xiangzhong, Jiangyong, Wufeng, Shaoyang, and Pingjiang, with an operating area exceeding 700,000 square meters. The company will expand the service capacity of centralized procurement and distribution centers, upgrade the functions of logistics parks, and increase the density of urban and rural networks to strengthen the three-level circulation service system (covering county, township, and village levels) and continue to release the strategic driving value of the trade logistics business in rural revitalization and consumption upgrading, accelerate the construction of a bidirectional circulation network of "county hubs + city nodes", and deepen the upward channels for agricultural products and downward channels for industrial products. 3.The commodity trade business reaches out to manufacturers, agents, agricultural wholesale markets, e-commerce platforms, and physical stores along the upstream and downstream of the company's supply chain. It shares the consumer membership resources of the company's affiliated supermarkets, department stores, and other retail formats, and conducts online and offline retail and wholesale operations focusing on product lines such as fresh fruits and vegetables, alcoholic beverages, and daily necessities. During the reporting period, the commodity trade business continued to deepen business transformation, optimize supply chain channels, focus on building a marketing matrix, and expand retail and wholesale operations, with sound development momentum in Meituan's South China and Guangdong regions. Leveraging the policy advantages and policy empowerment of the Hainan Free Trade Port, the business has deeply participated in the construction of the Hainan Free Trade Port, fully promoted the innovative development of processing with supplied materials, tropical agricultural product supply chains, cross-border trade, and other areas. By making full use of policy dividends such as preferential tax policies and convenient offshore financial services of the free trade port, the company has allocated more commodity trade business resources to the Hainan Free Trade Port to support the development of agricultural product collection, purchasing, and distribution business.