The ultimate beneficiary of this group is Shanghai State-owned Assets Supervision and Administration Commission. Shanghai Vegetable Yonghui Supermarket originally wanted to use the shareholder structure to achieve complementary resources, but after the establishment of the company, Shanghai Vegetable Group did not provide much help. Yonghui Supermarket, which has the advantages of fresh supply chain and is good at management, no longer participates in the operation of Shanghai vegetable Yonghui. Other shareholders lack retail genes, and a series of problems such as who makes decisions and who is responsible cannot be solved. Therefore, the complicated ownership structure has become the main restricting factor for the development of Shang Hua Yonghui.
The final bankruptcy of all companies will break out from the financial level, but the beginning of most companies has decided to end. Although Shang Hui Yonghui Supermarket has a very strong shareholder team since its establishment, it is by no means the decisive factor that determines the success or failure of the company. The decisive factor is whether the shareholder team has a highly consistent value pursuit and concept for the company's investment, and whether it pays attention to resource integration or clearly creates customer value. From the point of view of management, the business orientation and basic operation of Shangshui Yonghui Supermarket lacked clear and stable ideas from the beginning of its establishment.
The reason behind it is precisely that the internal governance structure of the company is unclear and the management is chaotic. The major shareholder of Yonghui's absolute control should be responsible for the bankruptcy of Shangshui Yonghui Supermarket. For Yonghui Supermarket, the bankruptcy liquidation application of Shangshui Yonghui Supermarket is equivalent to getting rid of the burden. Yonghui Supermarket, as the second largest shareholder, has no control over Shangshui Yonghui Supermarket, which is equivalent to an investment. For Yonghui Supermarket, its bankruptcy liquidation has reduced long-term investment losses, which is a way to reduce the burden.