Gome Retail Holdings Limited (Stock code: 493. HK, “Gome Retail” or the “Company”together with its subsidiaries, “the Group”) revealed its unaudited six-month outcomes for the 6 months ended June 30, 2025 (the “Reporting Period”.
Concentrating on the primary market to combine the border, advancement in financial obligation resolution
In the very first half of 2025, the external environment was complicated and extreme. Structural contradictions continued China, while the market where the Group belongs revealed some indications of healing, they were still in the bottomingout stage. Considering that the 4th quarter of last year, nationwide policies have actually ended up being more proactive, with the intro of a number of essential stimulus policies. The results of these policies were even more understood in the very first half of 2025. Taking advantage of these policy efforts, the Group’s profits, earnings, and other indications enhanced considerably throughout the Reporting Period. Throughout the Reporting Period, the Group tape-recorded sales earnings of RMB297 million, a year-on-year increased by 75.74%; Gross revenue was RMB20 million, a year-on-year increased by 11.11%; and loss attributable to owners of the moms and dad throughout the Reporting Period was RMB1,346 million, a year-on-year reduced by 69.63%.
In the very first half of 2025, China’s financial development fulfilled expectations. Policy efforts continued to reinforce, with stimulus steps such as trade-ins and devices upgrades continuing and broadening in the customer sector. This has actually caused a rebound in the development of resilient items usage, consisting of home devices, and preliminary indications of a bottoming-out healing in the market. The Group accelerated its efforts in improvement tasks and emerging organizations, consisting of franchise design development and automobile experience centers, accomplishing development in each location throughout the Reporting Period. Financial obligation disposal efforts advanced in an organized way throughout the Reporting Period, the Group actively worked out financial obligation services with numerous financial institutions, consisting of banks, providers, and convertible shareholders. The Group slowly lowered its financial obligation problem through debt-to-equity swaps, franchise growth, conversations with rely on financial obligation disposal options, and the disposal and sale of non-core assetsï 1/4 Œand attained considerable development throughout the Reporting Period, laying a strong structure for ongoing operations.
Continuing to promote the asset-light design, the tactical outcomes are slowly revealing
Gome Retail sticks to a method of “asset-light, operations-focused, strong control, and replicability,” concentrating on sales, income, and favorable capital. Leveraging its supply chain benefits, it enhances its operating design and information, empowering franchise chances. Relating to franchising, the Group continues to broaden brand name licensing chances to franchisees, concentrating on supply chain design development to help franchisees in market growth, prevent high self-development expenses, and exactly assign resources to brand name structure and user experience. Concerning franchising, the Group continues to reinforce its equity-based collaboration design, mostly through the “single-store franchising” format, with the ” urban experience Center” at its core, to construct a substantial franchise network for the home device and associated items. Through supply chain empowerment, asset-light operations, and fine-tuned management, the Groups is producing a brand-new design for scenario-based digital marketing.
Brand-new company launch speeds up, with the Car Experience Center formally operationalGome Retail is actively cultivating brand-new development points. The very first Gome Car Experience Center Xibahe Store formally opened on April 29, 2025, marking the Group’s main entry into the auto circulation field. The center has actually currently drawn lots of traditional brand-new energy marques, providing early evidence that its extensive running design can reduce single shop expenses and hone consumer acquisition. Numerous car manufacturers have actually reacted with concrete collaborations.
Looking ahead, the year 2025 marks the last year of China’s 14th Five-Year Plan. The Central Politburo has actually chosen to begin the formula of the 15th Five-Year Plan ahead of schedule in the 2nd half of this year, in order to speed up the healing of domestic need. As an outcome, it is anticipated that there will be more considerable policy assistance at the nationwide level in the coming months.
Gome Retail management stated: “Despite the considerable obstacles the Group has actually dealt with over the last few years, management has actually stayed proactive and steady in its efforts. Through consistent commitment, the Group accomplished its very first indications of efficiency healing throughout the Reporting Period and made substantive development in tactical improvement and the expedition of brand-new service locations. In the 2nd half of the year, we will continue to dedicate our complete efforts to conquering present difficulties as quickly as possible, thus preparing for a continual healing.”
About GOME RETAIL HOLDINGS LIMITED
GOME RETAIL HOLDINGS LIMITED was noted on the Hong Kong Stock Exchange in July 2004 (Stock Code: 493HK). Established in 1987 in China, GOME is devoted to constructing China’s leading technology-based, experiential, entertainment-oriented and mingled home-life innovation seller. With the method of “Home Living”Gome Group concentrates on selling of electrical home appliances and customer electronic devices items, and develops a closed-loop community for the whole line of product.
Please visit our site for additional information: www.gome.com.hk
Released by EVER BLOOM (HK) COMMUNICATIONS CONSULTANTS GROUP LIMITED for and on behalf of GOME Retail Holdings Limited. For additional details, please contact: EVER BLOOM (HK) COMMUNICATIONS CONSULTANTS GROUP LIMITED
Mr Matthew Li/ Ms Isla Gu
Tel: (852) 3468 8874 Fax:-LRB- 852) 2111 1103
Mail: Matthew.li@everbloom.com.cn/ jin.gu@everbloom.com.cn
Subject: Press release summary
