Yonghui Superstores: Firmly following the "pangdonglai" model of quality retailing, development requires self-innovation.

On March 17th, Yonghui Superstores held its first interim shareholders' meeting for the year 2025. According to the announcement of the meeting resolution released that evening, the Yonghui Board of Directors completed its tenure, and MNSO Board Chairman and CEO Ye Guofu was elected as the new director. In response to the changes in Yonghui's management team, Yonghui stated that it is currently in a period of transformation and in order to develop, it must undergo deep self-renewal. Over the past three years, Yonghui has been in a state of loss and, based on its quality retail route of firming up the "Pang Donglai" mode, the company has made corresponding adjustments to its organizational structure. Through deep organizational transformation, it aims to address more development challenges. There will be pains in the transformation process, but Yonghui will remain firm in its belief, give its all, complete its self-transformation, break free from its cocoon, and present to all consumers and investors a "New Yonghui".