The three major A-share indices opened mixed, with MuXi Co., Ltd. soaring 568.83% on its first day of listing

36Kr learned that the three major A-share indices opened mixed, with the Shanghai Composite Index down 0.06%, the Shenzhen Component Index up 0.1%, and the ChiNext Index up 0.03%; MuXi Co., Ltd. surged 568.83% on its first day of listing, closing at 700 yuan per share, with a total market value of 280 billion yuan; the retail and precious metals sectors led the gains, with BAIDA GROUP and Liqun Co., Ltd. hitting the daily limit, Hongqi Chain rising over 6%, and Zhaojin Mining rising over 1%; the internet and real estate sectors saw the largest declines, with 360 falling over 5% and Caixin Development down over 4%

Retail stocks continue to strengthen, BAIDA GROUP has a 4-day limit-up, Guangbai Co., Ltd. rises over 8%, Hualian Dep, Hongqi Chain, Liqun Co., Ltd., CCEG, Sanjiang Shopping Club, and others follow suit

Liqun Co., Ltd.: Net profit of 7.4008 million yuan in the first half of 2025, a year-on-year decrease of 65.94%

Liqun Co., Ltd. announced that the net profit for the first half of 2025 was 7.4008 million yuan, a year-on-year decrease of 65.94%. Operating revenue was 3.718 billion yuan, a year-on-year decrease of 3.08%. The decline in revenue was mainly affected by the macroeconomic environment and the expansion of e-commerce platforms. At the same time, the company closed some underperforming stores, resulting in reduced profits and cash flow

Liqun Co., Ltd. has established Qimu Youpin Commercial Company in Rizhao

According to the Qichacha APP, recently, Rizhao Qimu Youpin Commercial Co., Ltd. was established, with Cui Zhenjing as the legal representative. The business scope includes: sales of daily necessities; property management; parking lot services; rental of counters and stalls, etc. Qichacha's equity penetration shows that the company is wholly owned by Liqun Co., Ltd. indirectly

Liqun Co., Ltd. has repurchased a total of 30.324 million shares, costing 151 million yuan

Liqun Co., Ltd. announced that as of the end of April 2025, the company has repurchased a total of 30.324 million shares through centralized bidding, accounting for 3.32% of the total share capital. The highest repurchase price was RMB 5.15 per share, the lowest price was RMB 4.30 per share, and the total expenditure was RMB 151 million (excluding transaction fees)