Advantage Solutions Inc

Yonghui Superstores released its 2026 semi-annual report, posting a net profit attributable to shareholders of the listed company of 253 million yuan in the first half, compared with a loss of 241 million yuan in the same period last year, achieving a turnaround from loss to profit. The company's operating revenue in the first half was 23.791 billion yuan, down 20.56 percent year on year, with the decline mainly due to the closure of long-term loss-making stores and temporary closures during store renovations. As of June 30, 2026, the company had completed renovations at 331 stores, with overall gross margin up 1.7 percentage points year on year to 22.52 percent, and the period expense ratio down 1.8 percentage points year on year. The company's holdings in the US-listed Advantage Solutions Inc. generated a fair value change gain of 89 million yuan due to the rise in the stock price. During the reporting period, 3 new stores were added, bringing the total number of stores in operation to 382, covering 24 provinces and municipalities nationwide.

Yonghui Superstores has released its 2026 half-year performance pre-profit announcement, expecting a net profit attributable to the parent company of 250 million yuan, an increase of 490 million yuan compared to the same period last year, achieving a turnaround from loss to profit. The overall gross margin rose by 1.6 percentage points year-on-year, while the period expense ratio fell by 1.8 percentage points year-on-year, mainly due to store renovations, product mix optimization, supply chain reforms, and cost control measures. As of June 30, the company had completed renovations at 331 stores and closed underperforming tail-end stores, with renovated stores showing significantly improved operating performance. In addition, the company's holdings of US-listed Advantage Solutions Inc. shares generated a fair value change gain of 89 million yuan.