Pausing Large-Scale "Fat Conversion," Can Yonghui Break Its Yearly Loss Curse? - 36Kr

Yonghui Superstores will pause large-scale store closures and remodels this year, shifting to smaller secondary adjustments and more refined operations.

The new phase focuses on improving operating efficiency, product strength, and store experience rather than pushing more high-cost transformation.

The company expects first-half 2026 net profit of 250 million yuan, but also warns of a roughly 37 million yuan loss in the second quarter.

After an aggressive turnaround push, Yonghui is changing strategy, yet quarterly volatility and reform costs still cloud a full-year return to profitability.