Beijing Jingkelong publishes 2025 annual report

• Beijing Jingkelong published its FY2025 annual report, citing continued losses as retail and wholesale faced market volatility and higher fixed costs.
• Retail operations pushed store transformation toward a “community food supermarket” format, supported by supply chain changes and service upgrades.
• Store network shrank to 83 outlets as of Dec. 31, 2025, following closures tied to lease expirations and strategy shifts.
• Wholesale unit accelerated shift away from traditional KA channels, expanding group purchase, platform-driven sales, group meal services.
• Logistics operations were reorganized into a dedicated division, repositioned as profit-focused business with added third-party services.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beijing Jingkelong Company Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260424-12120780), on April 24, 2026, and is solely responsible for the information contained therein.