GOME Retail Holdings Limited (StockCode: 493.HK, "GOME Retail" or the "Company", together with its subsidiaries,the "Group") today announced its annual results for the year ended 31December 2025. In 2025, facing a complex external operating environment,the Group stayed true to its mission and vision of "Better homes and lifestylesthrough GOME", and focused its efforts on the three strategic pillars of DebtResolution, Asset-light Transformation and New Business Cultivation.Bolstered by the national policies of Expanding Domestic Demand andBoosting Consumption, the Group achieved a notable upgrade in operatingquality and accelerated the release of outcomes from its strategictransformation, laying a solid foundation for returning to the track of recovery.Operating Performance Bottoms Out and Rebounds, Debt Resolution Achieves Breakthroughs
In 2025, the Group's overall operating performance bottomed out andrebounded, recording a total revenue of RMB 538 million, representing anincrease of 13.50% year-on-year. The loss attributable to owners of the parentwas RMB 5,944 million, a substantial narrowing of 48.89% compared with thesame period in 2024. During the period, the Group optimized resourceallocation by focusing on core operations and strengthening strategictransformation. Both selling and distribution expenses and administrativeexpenses decreased substantially, while operational efficiency improvedsimultaneously. In terms of debt resolution, the Group reached convertiblebond repayment agreements and advanced diversified arrangements such asdebt-to-equity swaps with major creditors and partners. It optimized theasset-liability structure without increasing cash flow pressure, effectivelymitigated risks at the subsidiary level, stabilized cooperative relationships withcore creditors and the supply chain, provided a replicable demonstration pathfor subsequent risk disposal, and gradually restored corporate credit.
Asset-light Transformation Gathers Pace, Regional Operations Fully Recover
The Group firmly implemented the strategic principle of Asset-light,Operation-focused, Strong Governance and Replicable, centered on the coreobjectives of Sales, Revenue and Positive Cash Flow, and built a synergisticstructure of Online Sales-oriented, Offline Exhibition-assisted under the threemain lines of Online, Offline and Supply Chain + Marketing. Throughstandardized training, supply chain empowerment and a digital managementplatform, the Group rapidly promoted the large-scale development of franchisebusiness; it innovated quasi-franchise models such as City Agency + ExternalPromoter Commission + Franchise Sub-franchise, and successfully restoredoperations in key regions including Beijing, Shenyang and Harbin. As at theend of 2025, the Group's offline stores focused on efficient operations in corecities, with resources concentrated in first-tier markets, and operating qualityimproved steadily.
New Businesses Driven by Dual Engines to Cultivate New GrowthDrivers
Based on industry trends and policy guidance, the Group actively cultivatednew growth drivers, with a key focus on the layout of instant retail and AI retail.In the instant retail sector, in response to the national policies on innovationand upgrading of the retail industry, the Group plans to launch the pilot ofGOME Instant Warehouse in first-tier cities,
Click here to continue