Jiajiayue Group Co.Ltd(603708) the performance in the first quarter increased steadily, and the construction of supply chain achieved initial results

On the evening of April 29, Jiajiayue Group Co.Ltd(603708) disclosed the first quarter report of 2022. During the reporting period, the company achieved an operating revenue of 5.108 billion yuan, a year-on-year increase of 8.32%; The net profit attributable to shareholders of listed companies was 131 million yuan, a year-on-year increase of 1.92%; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 125 million yuan, with a year-on-year increase of 5.04%.

During the reporting period, the company’s main business income increased rapidly in other regions of Zhongshan East except Yanwei and other regions outside the province, mainly due to the rapid market expansion in the above regions in the past two years; The income of Yanwei region, other regions of Shandong and regions outside the province accounted for 52.33%, 31.24% and 16.43% respectively.

Since 2021, the company has vigorously developed the business model of Wuxi Online Offline Communication Information Technology Co.Ltd(300959) integration, increased business cooperation with meituan, hungry and JD home, actively developed its own Jiajiayue Group Co.Ltd(603708) Youxian platform, continuously upgraded new business models such as live broadcast and community group purchase, launched new cloud super services, met the consumption needs of multiple scenarios, and unified the online multi platform operating system, The omni-channel service ability to the store and home has been improved, the online sales have increased by more than twice, and the offline conversion rate of self delivery business to the store is 37%; Online business covers stores in more than 50 cities and counties in Beijing, Shandong, Hebei, Anhui, Inner Mongolia and Jiangsu. More than 450 stores have opened home business, and more than 930 stores participate in live broadcasting and community group purchase business.

The company continues to pay attention to the investment in science and technology, and takes the construction and improvement of digital ability as the core competence of the company. Since last year, the company has established a scientific and technological innovation center through organizational reform, accelerated the company’s digital transformation, implemented projects such as digital supply chain, big data platform and omni-channel member upgrading, consolidated the advantages of supply chain, deeply enabled stores, and improved market and consumer insight and marketing ability through project implementation and system upgrading.

The company’s supply chain construction has achieved initial results, and the nationwide logistics layout has been preliminarily completed. The existing logistics facilities have basically realized the distribution circle within 300 kilometers, which can support the further deepening and sinking of the chain network in the covered area; Zhangjiakou logistics park in Hebei Province and Huaibei logistics park in Anhui Province have been put into use, and the new Shanghe 5.0 smart logistics park has been launched, which has strengthened the linkage of the supply chain, promoted intelligent, standardized and process-based operations, improved the distribution efficiency, and provided supply chain output services for regional retailers; Accelerate the transformation to manufacturing retail and enhance the deep processing capacity of fresh products. The fresh processing business in Jinan and Zhangjiakou, Hebei grows rapidly, promote the collaborative division of labor among factories in Weihai, Qingdao, Jinan and Zhangjiakou, and enhance the service capacity of stores for three meals a day and reduce the burden for stores through the intensive processing of all kinds of fresh semi-finished products, cooked food and pasta in the background, The production, processing and market competitiveness of private brands have been continuously improved.

The company said that in the future, it will continue to accelerate the transformation to a smart company, solidly promote the digital construction, build an information integration function system, continue to promote and optimize projects such as JDA space management and intelligent replenishment system, big data middle desk system and financial sharing system, and deepen the operation ability of members and consumers; Accelerate the transformation to a platform company, drive the upgrading of the supply chain through digitization, innovate the development mode, and create an open and shared supply chain platform; Accelerate the transformation to an all channel company, strengthen the integration and interaction of Wuxi Online Offline Communication Information Technology Co.Ltd(300959) and innovate the modes of online live broadcasting, community group purchase and cloud super, so as to improve the experience of Jiajiayue Group Co.Ltd(603708) excellent fresh platform and enhance the service ability of consumers.

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