Major renovation adjustments in Shanghai's well-known shopping malls: Investment doubled, rebuilding thirty floors above ground in Xujiahui

Shanghai XUJIAHUI COMMERCIAL Co., Ltd. announced that the total investment for the Shanghai Liubai Urban Renewal Project has doubled from approximately 708 million yuan to about 1.698 billion yuan. The project, named "New Liubai HUB," has a construction area of approximately 42,500 square meters, including thirty floors above ground and two underground floors, far exceeding the original plan of ten floors. The project will be transformed into a comprehensive commercial entity, combining an apartment-style hotel with brand flagship stores

The consumer sector collectively strengthened, with liquor, food, and retail leading the gains. Stocks such as JAHEN, JINHUI, KJS, GUOGUANG CHAINS, and XUJIAHUI COMMERCIAL hit the daily limit, while Shede Spirits, JiuGui Jiu, New Hope Dairy, Yili, and Golden Dragon Fish rose over 5%

XUJIAHUI COMMERCIAL released its performance for the first half of the year, with a net profit attributable to the parent company of 4.6647 million yuan, an increase of 325.65%

According to the Zhitong Finance APP, XUJIAHUI COMMERCIAL released its semi-annual report for 2025, reporting an operating income of 189 million yuan, a year-on-year decrease of 16.44%. The net profit attributable to shareholders of the listed company was 4.6647 million yuan, a year-on-year increase of 325.65%. The net loss attributable to shareholders of the listed company, excluding non-recurring gains and losses, was 2.2036 million yuan. The basic earnings per share were 0.0112 yuan

XUJIAHUI COMMERCIAL: Wholly-owned subsidiary plans to sign a housing lease contract

XUJIAHUI COMMERCIAL's wholly-owned subsidiary Shanghai New Liubai Commercial Management Co., Ltd. plans to sign a lease agreement with Shanghai Xuhui Commercial Construction Development Co., Ltd. to lease the 1st to 5th floors of the north podium of Jianhui Building located at No. 918 Hengshan Road. The lease term is until December 31, 2035, with an annual rent of 3.3668 million yuan, unchanged for the first three years, and increasing by 5% every three years starting from the fourth year. The total rent during the contract period is 35.1634 million yuan, with a building area of 2,306 square meters, designated for commercial use

XUJIAHUI COMMERCIAL Technology Innovation Incubator Company registered with a capital of 20 million

The Tianyancha App shows that Shanghai Xujiahui Technology Innovation Incubator Co., Ltd. has been established, with Fu Binliang as the legal representative, a registered capital of 20 million RMB, and a business scope that includes entrepreneurship space services, data processing and storage support services, and socio-economic consulting services. Shareholder information indicates that the company is wholly owned by Shanghai Xujiahui Mall Co., Ltd