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Dashang Co Ltd

Dashang Co., Ltd. operates a chain of department stores, supermarkets, and electrical appliance stores in China. The company is engaged in the retail business and also sells its products online. Founded in 1992, it is headquartered in Dalian, China.

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News & notes moving 600694.CG
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Dashang Group subsidiary signs Dalian Donggang Paradise construction contract worth about 786 million yuan

Dashang Group announced that its wholly-owned subsidiary Dashang City Paradise plans to sign a general construction contracting agreement for the Dalian Donggang Paradise project with China Construction Third Engineering Bureau Group. The contract price is approximately 786 million yuan, including a 9% value-added tax rate. Funding will come from self-raised capital, and the contract duration is 731 calendar days. The company stated that this signing will help advance the project as planned, will not affect the normal operation of its main business, and will not have a significant impact on its financial condition or operating results.
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为自筹资金·16dRead more →
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Dashang Co., Ltd. Reports Net Profit of 385 Million Yuan in 2026 Interim Report

Dashang Co., Ltd. released its 2026 interim report, showing total operating revenue of 3.44 billion yuan, net profit attributable to the parent company of 385 million yuan, and net cash inflow from operating activities of 274 million yuan. The company's asset-liability ratio was 45.91%, and gross margin was 40.95%, down 1.27 percentage points from the previous quarter and down 1.54 percentage points from the same period last year. Return on equity was 4.32%, down 0.05 percentage points from the same period last year. Diluted earnings per share were 1.02 yuan, total asset turnover was 0.20 times, and inventory turnover was 0.38 times, ranking 51st among peer companies that have disclosed results, down 7.90% from the same period last year. The number of shareholders was 26,900, and the top ten shareholders held 172 million shares, accounting for 45.38% of total share capital.
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Dashang Subsidiary Signs 183 Million Yuan Renovation and Expansion Contract

Dashang Group's controlling subsidiary, Dashang Daqing New Mart Shopping and Leisure Plaza Co., Ltd., plans to sign a general construction contract with related party China Dalian International Economic and Technical Cooperation Group Co., Ltd., with a total tax-inclusive amount of 183 million yuan. The contract serves the Daqing New Mart renovation and expansion project, aiming to expand business space, deepen brand and format iteration, consolidate core advantages in the Daqing region, and optimize store operational efficiency. The announcement cautioned that due to project complexity and uncertainties in underground construction, unforeseen expenses may arise later, capped at 8 million yuan. In the first quarter of 2026, Dashang Group achieved revenue of 1.976 billion yuan and net profit attributable to the parent of 275 million yuan.
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