The three major A-share indices closed mixed at midday, with SERES down over 4%

36Kr learned that the three major A-share indices closed mixed at noon, with the Shanghai Composite Index up 0.05%, the Shenzhen Component Index down 0.15%, and the ChiNext Index up 0.17%; the computer hardware, automotive, and semiconductor sectors led the decline, with SERES down over 4%, and Zhaoyi Innovation and KAIFA down over 3%; the forestry, electrical grid, and retail sectors strengthened, with PINGTAN DEVELOPMENT and GWE up over 7%, and ZBJT up over 3%

ZBJT: Net profit loss of 325 million yuan in the third quarter, a decrease of 71.33%

ZBJT announced that its revenue for the third quarter was 1.934 billion yuan, a decrease of 20.08%; net profit loss was 325 million yuan, a decrease of 71.33%. Revenue for the first three quarters was 6.552 billion yuan, a decrease of 19.41%; net profit loss was 580 million yuan, a decrease of 74.83%

ZBJT Chairman Wang Meifang: Strive to achieve profitability by 2027

ZBJT Chairman Wang Meifang recently stated in an interview with reporters that in the next 2-3 years, closing unprofitable stores will be an important strategy for "reducing burdens." By emphasizing the expansion of small business formats, promoting the transformation of "thousand stores with thousand faces," and enabling digitalization, they aim to tackle the profitability target for 2027 while deeply cultivating community convenience services to build a neighborhood life service provider

The A-share retail sector has seen a short-term surge, with GUOGUANG CHAINS hitting the limit up, followed by BAIDA GROUP, ZBJT, Hn.F&A.Co.,Ltd., Better Life, and Yonghui Superstores all rising

The three major A-share indices of Shanghai and Shenzhen rose 0.3%-1.7% throughout the day, with banking and retail stocks climbing in the afternoon

The three major A-share indices rose throughout the day, with the Shanghai Composite Index up 0.3%, the Shenzhen Component Index up 0.9%, and the ChiNext Index up 1.7%. The People's Bank of China conducted reverse repurchase operations, lowering the interest rate to 1.4%. Bank and retail department store stocks performed strongly, with some bank stocks such as Bank of Ningbo and SPD Bank rising by 2.8% and 2.3%, respectively. Retail stocks like FJDB and ZBJT hit the daily limit, and automotive service and robotics concept stocks also performed actively