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yonghui supermarket responded to the untrue rumors circulating in the market such as "the chairman ran away" and "fat donglai was stabbed in the back".

on the evening of september 28, yonghui supermarket’s official weibo released the “explanation on the equity change of yonghui supermarket co., ltd.” (hereinafter referred to as the “explanation”).

the explanation mainly responded to 4 points:

1. this transaction occurred between dairy milk company, suqian hanbang, jd world trade and juncai international, and the equity ratio of founder and chairman mr. zhang xuansong has not changed.

2. after the completion of this transaction, the company's largest shareholder will be changed to guangdong juncai international trading co., ltd., holding a total of 29.4% of the company's shares. the original shareholders milk co., ltd. and suqian hanbang investment management co., ltd. will no longer hold shares in yonghui supermarket. beijing jingdong century trading co., ltd. will change its shareholding ratio from 6.98% to 2.94%. juncai international and its actual controller miniso will join hands with yonghui supermarket to create a quality and happy business model.

3. at present, yonghui supermarket, with the support and learning from fat dong lai, has independently adjusted the two lines in parallel, and has changed the product structure, quality and price, and store layout of some stores in the first 10 cities across the country. , environment, services and employee benefits are undergoing comprehensive adjustments.

4. next, yonghui supermarket will continue to learn from fat donglai, and fat donglai will continue to help yonghui supermarket adjust and strive to achieve healthy operation goals.

previously, on september 23, yonghui supermarket and miniso announced that juncai international, controlled by miniso, acquired 29.4% of the equity of yonghui supermarket for 6.27 billion yuan, including 21.1% held by dairy milk co., ltd. %, and beijing jingdong century trading co., ltd. and suqian hanbang investment management co., ltd. jointly hold 8.3% of yonghui supermarket shares.

after the announcement, yonghui supermarket’s stock price rose by the daily limit for 4 consecutive trading days. miniso’s share price fell sharply on the day of the announcement.

ye guofu, chairman of miniso, talked about the reasons for the acquisition in a telephone conference and said that china's offline supermarkets are facing a once-in-20-year structural opportunity. miniso, sam's, and costco are specialty retail stores. after watching henan pandonglaibang yonghui was deeply impressed after the first store he renovated. sales were booming after the store was renovated. he believes that pandong lai is the only way out for supermarket retail in china. yonghui supermarket attaches great importance to products, as well as customer experience and employees. pandonglai is also the retail company with the highest square footage and people efficiency in china.

ye guofu also believes that fat donglai is more suitable for china's family sales model. "based on this, we want to reshape the pattern of offline supermarkets in china. the performance of the three restructured stores has improved significantly, which makes us feel that we can replicate it in other places across the country." he said, "after the successful restructure, yonghui supermarket can become supermarkets that attract customer flow are also very helpful for miniso’s channel upgrading. they can help miniso get better positions, make our layout more complete, and diversify cyclical business risks. at the same time, we will also assist yonghui. supermarkets are developing more private brands, and yonghui supermarket's business is currently at an inflection point. as long as it insists on learning from the fat donglai model, it has a greater chance of success. the acquisition will not affect miniso's plans for the next five years and stick to the established strategy. target."

after the news of minso's acquisition of part of yonghui supermarket's equity was announced, fat donglai's chairman yu donglai once said in public that "pang donglai will no longer make changes", which once caused heated discussion. in an online video, yu donglai said: "at least by the end of october, if not sooner, by the end of september, we will withdraw our troops, no longer adjust the company, and we will not help anyone." in this regard, yu donglai said in september responded in the early morning of the 26th: "as for the action of supporting enterprises, supporting joint business students and yonghui bbk, it will continue for about two years. these enterprises can basically make adjustments on their own! for the normal work and life of the employees of fat dong lai, fat dong lai donglai just won’t send teams to new companies to help!”