002277SZSE

Summary of the 2025 Annual Report

✨ AI Summary

This announcement provides a summary of the 2025 annual report for Hunan Friendship Apollo Commercial Co., Ltd. It highlights the company's decision not to distribute cash dividends or issue bonus shares. Key figures include total assets of approximately 14.03 billion yuan and a net loss attributable to shareholders of about 334.56 million yuan. The report emphasizes the company's ongoing strategic initiatives and operational adjustments in response to market conditions.

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Full Translation

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Important Notice

This annual report summary is derived from the full annual report. To fully understand the company's operating results, financial status, and future development plans, investors should carefully read the full annual report published in designated media by the China Securities Regulatory Commission. All directors attended the board meeting to review this report. Non-standard audit opinion: □ Applicable ☒ Not applicable
Profit distribution plan or capital reserve transfer plan reviewed by the board during the reporting period: □ Applicable ☒ Not applicable
The company plans not to distribute cash dividends, issue bonus shares, or transfer capital reserves to increase share capital.
Preferred stock profit distribution plan approved by the board: □ Applicable ☒ Not applicable

Company Overview

  1. Company Profile
    Stock abbreviation: Youa Co., Ltd.
    Stock code: 002277
    Stock exchange: Shenzhen Stock Exchange
    Contact person and information:
    Board Secretary: Chen Xuewen
    Securities Affairs Representative: Gao Sheng
    Office address: No. 9 Chaoyang Qianjie, Furong District, Changsha, Hunan Province
    Fax: 0731-82280300, 0731-82243046
    Phone: 0731-82293541, 0731-82295528
    Email: cxw002277@126.com, gs_2277@126.com

  2. Main Business or Product Overview During the Reporting Period
    (1) Main Business and Operating Model
    The company primarily engages in department store retail, with business formats including department stores, outlets, shopping centers, convenience stores, and online shopping platforms. The operating models mainly include joint sales, distribution, and property leasing.
    Hunan Friendship Apollo Commercial Co., Ltd. actively implements an omnichannel retail strategy that integrates online and offline operations. As of the end of the reporting period, the company had 11 offline stores and 90 convenience stores, along with three online shopping platforms: "Youa Overseas Purchase," "Youa Weidian," and "Youa Purchase."

(2) Business Performance During the Reporting Period

  1. Store Operations
    (1) Store Operations at the End of the Reporting Period
    As of December 31, 2025, the company had a total of 101 opened stores, including 6 outlets and shopping centers, 5 comprehensive department stores, and 90 convenience stores (75 franchised and 15 self-operated). The distribution of stores is as follows:
RegionBusiness FormatOwned Property StoresLeased Property StoresNumber of StoresCommercial Building Area (10,000 m²)
Changsha, HunanComprehensive Department Store31415.66
Outside Changsha, HunanComprehensive Department Store1011.80
TianjinOutlet/Shopping Center1017.04
Total-138810184.90

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