Yonghui Superstores disclosed that the company and its subsidiaries have accumulated litigation and arbitration cases totaling approximately 188 million yuan, equivalent to 10.13 percent of the company's audited net assets in 2025. Among these, cases in which Yonghui and its subsidiaries are defendants or respondents involve 172 million yuan, cases in which they are plaintiffs involve 16.09 million yuan, and 3.26 million yuan has been closed. Of the four specific cases disclosed in the announcement, three are lease contract disputes and one is a labor dispute, all at the first-instance stage. The lease contract dispute brought by Mingfa Group Hefei Real Estate Development against Anhui Yonghui involves 47.01 million yuan, the largest single amount. The emergence of multiple lease contract disputes may be directly related to Yonghui's earlier large-scale store closures and transformation. In 2025, the company closed 381 stores that did not align with its future strategic positioning and renovated a total of 315 stores. Since 2021, Yonghui Superstores has reported losses for five consecutive years, with cumulative losses exceeding 12 billion yuan. Full-year revenue in 2025 was 53.51 billion yuan, down 20.82 percent year on year.
Yonghui Superstores Co LtdCompany discloses litigation and arbitration totaling 188 million yuan, with lease disputes linked to store closures, adding legal and financial pressure.
