Wangfujing Group Co.Ltd(600859) : announcement on operation from January to February 2022

Securities code: Wangfujing Group Co.Ltd(600859) securities abbreviation: Wangfujing Group Co.Ltd(600859) No.: pro 2022003

Wangfujing Group Co.Ltd(600859)

Announcement on operation from January to February 2022

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

1、 Operation of the company from January to February 2022

The current operation of the company is normal, and there are no undisclosed matters that should be disclosed. In terms of tax business, the company and its stores have made great efforts to overcome the impact of the epidemic, combined with the consumption season in various regions, the territorial new year, the Beijing Winter Olympics and other hot spots, to create a number of theme marketing activities such as ” Wangfujing Group Co.Ltd(600859) annual goods Festival”, ” Wangfujing Group Co.Ltd(600859) ice and snow season”, “people’s selection · Wangfujing Group Co.Ltd(600859) Ju Guochao [pet and you station]” and go all out to expand sales and increase efficiency. In terms of business types, driven by the consumption of new lifestyle, the business types of Aolai and shopping center show a more obvious recovery trend. Among them, the sales of Aolai business type still increased by 8.7% compared with the same period when two stores in Xi’an were closed for 20 days and stores in Tianjin were closed for many days. The shopping center also achieved a small year-on-year increase in sales in the face of the closure of individual stores. In terms of regions, Beijing, Guizhou, Taiyuan, Yinchuan and Kunming have relatively good business conditions, showing a good situation of regional deep cultivation and coordinated promotion. Among them, the stores in Beijing are in a good business state due to the low base in the same period and the hot sales of Winter Olympic commodities in this period. In terms of omni-channel business, the company continued to promote its stores to provide strong support for store operation, especially during the epidemic period, through various sales and diversion methods such as live broadcast, wechat mall, wechat group, enterprise wechat and xiaohongshu promotion. In terms of self operated business, Ruijin Shangpin (buyer’s collection store business) has achieved good improvement month on month and year-on-year. Several projects, including Dong’an Market Transformation, have been opened, and the business scale has been further expanded. In terms of duty-free business, the company is still making every effort to promote various preparations for business landing, actively communicate and strive for projects, and promote the business preparations such as supply chain, logistics warehousing, operation management, marketing promotion, information system, online operation and cross-border e-commerce, so as to realize the project landing as soon as possible.

2、 Explanatory matters

The above operating data are operating data, which are only used for the reference of investors as stage operations, and can not be used to calculate the performance of the company in the first quarter and the whole year. Please invest rationally and pay attention to risks.

It is hereby announced.

Wangfujing Group Co.Ltd(600859) March 9, 2022

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