Yonghui Superstores Co Ltd
HomeAll Profiles
July 1, 2020
Updated on:

Yonghui Superstores Co Ltd

Revenue:
RMB 70,279 million (2018)
Profit:
RMB 1,480 million (2018)
Employees:
92,047 (2018)
GICS Industry Group:
Headquarters:
Fuzhou, China
Founded:
13 April 2001
Current CEO:
Guo Li (June 2019-)
Parent:
This is the ultimate parent

Description

Yonghui Superstores Co Ltd is primarily engaged in the operation of supermarkets in China. The company was founded by Xuan Song Zhang on 13 April 2001 and is headquartered in Fuzhou, Fujian province, China.

As at 31 December 2018, Yonghui Superstores and its subsidiaries had 721 retail stores throughout China. The main business activities of the retail stores include the sales of fresh products, food supplies and clothing and related promotional services. The company also engages in logistics and distribution, goods purchase and construction and lease activities.

Yonghui Superstores was listed on the Shanghai Stock Exchange (SSE) on December 15, 2010. Yonghui Superstores is listed on the SSE under the code 601933.

In Chinese Renminbi (RMB or CNY)
In Chinese Renminbi (RMB or CNY)
In Chinese Renminbi (RMB or CNY)
No items found.

Operating Segments:

Yonghui Superstores splits its operations into two segments: retail and service industry.

Retail - Yonghui derives the majority of its revenue from the operation of supermarkets. The company operates two supermarket brands, namely Yonghui Superstores (Red Label stores) and Bravo YH (Green Label stores). Yonghui has also launched different formatted stores as part of its retail segment. For example, the company launch Yonghui Life in 2015, which consists of smaller format convenience stores including YH Select and Yonghui Membership Store, and its Yonghui Life App. The company also launched the YH Super Species store format in 2017, which focuses on catering and experiential elements while also offering fresh produce. For the year ending 31 December 2018, the retail segment accounted for 92.94% (RMB 65,541.2 million) of total revenue.

Service industry - For the year ending 31 December 2018, the service industry segment accounted for 7.06% (RMB 4,975.5 million) of total revenue.

Mergers and Acquisitions:

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Signup to a free account to access M&A data!

Signup for FREE to access all mergers and acquisitions data!
BigDiscover is the only platform to offer M&A data completely for free!

Click Here to Signup for FREE
Copyright © 2020 BigDiscover. All rights reserved.