Core Viewpoint - The Chinese restaurant chain "Yujian Xiaomian" (2408.HK) has successfully opened its 500th store in Singapore, marking its entry into the international market and enhancing the global presence of Chinese cuisine [1]. Group 1: Company Developments - Yujian Xiaomian's stock surged by 14.12% to HKD 4.85, with a market capitalization of HKD 3.45 billion following the announcement of its first overseas store [1]. - The opening of the Singapore store is seen as a significant step in the company's global expansion strategy, aiming to promote Sichuan and Chongqing-style noodles on the world culinary stage [1]. - The company went public on the Hong Kong Stock Exchange on December 5, 2025, which has provided capital support and enhanced brand credibility for its international endeavors [1]. Group 2: Industry Impact - Yujian Xiaomian is positioned as the "first Chinese noodle restaurant stock" in Hong Kong, aiming to transform the industry from "product export" to "system export" as part of its global strategy [1]. - The chairman of Yujian Xiaomian, Song Qi, emphasized that the opening of the first store in Singapore reflects the company's commitment to internationalization [1].

Core Insights - The opening of the 500th store of "Yujian Xiaomian" in Singapore marks a significant step in the company's global expansion strategy following its successful listing on the Hong Kong Stock Exchange on December 5, 2025 [1] - The company aims to leverage Singapore as a model for localized success, building a comprehensive operational capability that includes supply chain, management, and brand marketing to facilitate further expansion into Southeast Asia and beyond [2] Company Strategy - "Yujian Xiaomian" is focusing on creating a replicable core model for international operations, emphasizing the importance of localized operational experience to support its global vision of "Chinese noodles, global encounters" [2] - The company plans to deploy a self-developed digital empowerment system in its overseas stores, which covers various operational aspects from digital ordering to intelligent kitchen scheduling, enhancing operational efficiency to match domestic standards [2][3] Market Trends - The global dining market is experiencing continuous growth, presenting opportunities for Chinese cuisine brands like "Yujian Xiaomian" [2] - The brand is capitalizing on two global food trends: the universal appeal of noodles and the rising popularity of spicy flavors, particularly the unique "mala" taste from Sichuan and Chongqing [3] Product Localization - "Yujian Xiaomian" is adapting its menu to local tastes in Singapore by introducing products that resonate with local culinary preferences, such as drinks inspired by local coffee culture and traditional snacks [3] Future Outlook - The company aims to establish Chongqing noodles as a mainstream global food category, further embedding Chinese culinary culture into the global dining scene [4]

Core Viewpoint - The Chinese restaurant chain brand, "Encounter Little Noodles" (2408.HK), experienced a strong surge in stock price, rising 14.12% to HKD 4.85, with a market capitalization of HKD 34.5 billion, following the opening of its 500th store globally and its first store in Singapore, marking the brand's entry into the international market [1] Group 1 - The opening of the first overseas store in Singapore at the popular shopping destination Orchard Road 313@Somerset signifies the brand's official expansion into international markets, promoting Sichuan-Chongqing style Chinese noodles on a global culinary stage [1] - The successful listing on the Hong Kong Stock Exchange on December 5, 2025, has provided capital support and enhanced brand credibility, fueling the company's globalization efforts [1] - As the first Chinese noodle restaurant stock in Hong Kong, "Encounter Little Noodles" is using Singapore as a testing ground to redefine the core logic of Chinese restaurant expansion abroad, shifting the industry focus from "product export" to "system export" [1]

遇见小面(02408)涨近5%，截至发稿，涨4.71%，报4.45港元，成交额254.5万港元。 消息面上，据广州日报，12月29日，遇见小面全球第500家门店暨新加坡首店，在新加坡当地潮流商业 地标乌节路313@Somerset正式揭幕。据悉，遇见小面在新加坡的拓展步伐正持续加速，新加坡淡滨尼 广场店及其他门店也已在筹备中。 东吴证券指出，复盘公司历史，三大要素助力公司成功：锚定差异化高潜赛道，即川渝风味辣口食品； 较早推行标准化、数字化；率先跑通商场店模式。该行认为，中长期而言在外卖增量、新品类拉动、海 外优质门店并入、经营降本等多措并举下，同店有望迎来修复。 ...

Core Viewpoint - The company "遇见小面" (Meet Noodle) is experiencing a positive market response following the opening of its 500th store in Singapore, indicating strong expansion plans and potential for growth in the overseas market [1] Group 1: Company Expansion - "遇见小面" has opened its first store in Singapore at the popular shopping destination Orchard Road 313@Somerset, marking its 500th global location [1] - The company is actively preparing for additional store openings in Singapore, including a location at Tampines Mall [1] Group 2: Market Performance - The stock price of "遇见小面" increased by approximately 5%, reaching HKD 4.45, with a trading volume of HKD 2.545 million [1] Group 3: Strategic Insights - Dongwu Securities highlights three key factors contributing to the company's success: focusing on differentiated high-potential markets, early adoption of standardization and digitalization, and pioneering the shopping mall store model [1] - The firm anticipates that same-store sales may recover in the medium to long term due to various strategies, including growth in food delivery, new product categories, integration of quality overseas stores, and cost reduction measures [1]

Core Insights - The opening of the 500th store of the Chinese restaurant chain "Yujian Xiaomian" in Singapore marks a significant step in its global expansion strategy following its successful listing on the Hong Kong Stock Exchange on December 5, 2025 [1][11] - Singapore is chosen as the strategic starting point for overseas expansion due to its diverse market environment and high consumer demand for quality Chinese cuisine [3][5] Group 1: Strategic Expansion - The first overseas store is located on Orchard Road, a prime commercial area in Singapore, which is expected to attract significant consumer traffic and serve as a model for future international operations [3][5] - The brand aims to leverage Singapore as a launchpad to build a successful localized operational model, enhancing its capabilities in supply chain, management, and marketing [3][6] Group 2: Market Potential - The global restaurant market is projected to reach $3.8 trillion by 2026, with Chinese cuisine's market share steadily increasing [6][7] - The demand for quality Chinese dining in Singapore, coupled with the brand's established product system, is expected to lead to rapid customer traffic and revenue growth for the new store [5][6] Group 3: Operational Strategy - Yujian Xiaomian plans to implement a comprehensive digital empowerment system in its overseas locations, covering various operational aspects from ordering to backend management [7] - The company will collaborate with large-scale supply chain partners to address challenges such as high logistics costs and sourcing quality local ingredients [7] Group 4: Cultural Integration - The brand's strategy includes offering localized menu items that cater to Singaporean tastes while maintaining the essence of Sichuan cuisine, enhancing its appeal to local consumers [10][11] - The focus on transparency in pricing and customizable dining experiences aims to improve customer satisfaction and trust [10] Group 5: Vision for Globalization - The CEO of Yujian Xiaomian emphasized that the opening of the 500th store represents a new beginning, with confidence in the ability of Chinese culinary culture and operational models to succeed in international markets [11] - The company aims to establish Chongqing noodles as a mainstream global food category, contributing to the internationalization of Chinese culinary culture [11]

智通财经APP获悉，2025年12月29日，中式餐饮连锁品牌遇见小面(02408)全球第500家门店暨新加坡首 店，在新加坡当地潮流商业地标乌节路313@Somerset正式揭幕。此次海外首店的落地，是遇见小面于 2025年12月5日成功登陆香港交易所主板上市后，在全球化征程中迈出的关键一步，标志着品牌正式开 启海外市场布局，将承载川渝特色的中式小面推向世界美食舞台，为中式餐饮国际化发展注入新活力。 据悉，遇见小面在新加坡的拓展步伐正持续加速，新加坡淡滨尼广场店及其他门店也已在筹备中，将很 快与当地消费者见面。 战略锚定新加坡乌节路：抢占狮城商业高地，构筑海外拓展核心支点 新加坡，凭借其多元包容的市场环境、高成熟度的消费生态与辐射东南亚的枢纽优势，成为遇见小面布 局海外市场的战略起点。然而，选址乌节路这一新加坡商业的"黄金命脉"落子首店，更彰显了品牌进军 全球的精准判断力与宏大视野。作为新加坡最具影响力的顶级商圈，乌节路不仅是汇集全球潮牌、高端 业态的"城市商业橱窗"，更承载着每年千万级全球游客与本地高净值客群的核心消费流量——74%的华 裔人口构成天然亲近中式风味的客群基础，多元国际社群则为品牌提供了绝佳的 ...

Core Insights - The opening of the 500th store of the Chinese restaurant chain "Yujian Xiaomian" in Singapore marks a significant step in its global expansion strategy following its successful listing on the Hong Kong Stock Exchange on December 5, 2025 [1][10] - Singapore is chosen as the strategic starting point for overseas expansion due to its diverse market environment and high consumer demand for quality Chinese cuisine [3][6] Group 1: Strategic Location and Market Potential - The first store is located on Orchard Road, a prime commercial area in Singapore, which attracts millions of global tourists and local high-net-worth individuals, providing a strong customer base for the brand [3][4] - The demographic composition of Singapore, with 74% of the population being of Chinese descent, creates a natural affinity for Chinese flavors, enhancing the brand's market entry [3][4] - By the end of 2024, around 60 Chinese restaurant brands are expected to have opened over 6,100 stores in Southeast Asia, indicating a significant growth opportunity in the region [3] Group 2: Business Outlook and Operational Strategy - The store is anticipated to quickly achieve both customer traffic and revenue breakthroughs, establishing itself as a representative outlet for Chinese cuisine in the region [4] - The global restaurant market is projected to reach $3.8 trillion by 2026, with Chinese cuisine's share steadily increasing, presenting a favorable growth outlook [6] - To address challenges such as high labor costs and stringent regulations in mature markets like Singapore, the company plans to implement a comprehensive digital empowerment system for its overseas stores [6][7] Group 3: Supply Chain and Cost Management - The company aims to collaborate with large-scale supply chain partners to mitigate high cross-border logistics costs and sourcing difficulties for quality local ingredients [7] - This strategic shift from traditional expansion methods to a system-based digital approach is expected to enhance operational efficiency and support both domestic and international market growth [7] Group 4: Cultural Integration and Consumer Experience - The brand leverages global food trends by focusing on noodles and spicy flavors, which resonate with international consumers, while maintaining the essence of Sichuan cuisine [9][10] - Localized menu offerings, such as drinks inspired by local coffee culture and traditional snacks, enhance the brand's appeal to Singaporean consumers [9] - The company emphasizes transparent pricing and customizable dining experiences, which improve customer satisfaction and trust [9] Group 5: Future Vision and Global Impact - The CEO of Yujian Xiaomian views the opening of the 500th store as a new starting point for the brand's global journey, believing in the potential of Chinese culinary culture to thrive internationally [10] - The company's ongoing global expansion efforts aim to establish Chongqing noodles as a mainstream food category worldwide, contributing to the global appreciation of Chinese culinary culture [10]

今日，中式餐饮连锁品牌遇见小面(2408.HK)全球第500家门店暨新加坡首店，在新加坡当地潮流商业地标乌节路 313@Somerset正式揭幕。此次海外首店的落地，是遇见小面于2025年12月5日成功登陆香港交易所主板上市后，在全球 化征程中迈出的关键步伐，标志着品牌正式开启海外市场布局，将承载川渝特色的中式小面推向世界美食舞台，为中式 餐饮国际化发展注入新活力。据悉，遇见小面在新加坡的拓展步伐正持续加速，新加坡淡滨尼广场店及其他门店也已在 筹备中，将很快与当地消费者见面。 不在重庆 遇见小面 XIAO NOODLES SINCE 2014 E IN SING 全球门店超500家 北京 上海 广州 深圳 香港 新加坡 新加坡乌节路 313@somerset店 ...

2025年12月5日，港交所主板迎来了"中式面馆第一股"——广州遇见小面餐饮股份有限公司（以下简称"遇见小面"）。顶着425.97倍超额认购的热度和高瓴 资本、海底捞等豪华基石阵容的背书，这家起源于广州的连锁面馆本应开启资本新篇章。 然而现实却给了市场一记重击：其以5港元/股低开近29%，最终收报5.08港元，较7.04港元的发行价跌幅约27.84%，总市值仅约36.1亿港元，基石投资者浮亏 超4000万港元。 开盘即破发的尴尬实际并非毫无征兆，回溯其冲刺上市的关键阶段，食品安全违规、财务结构失衡等消息接踵而至，将这家连锁餐饮品牌推向舆论漩涡，遇 见小面能否走过布满荆棘的资本化之路？ 426倍认购与27%跌幅的强烈反差 作为首个登陆港股的川渝风味面馆品牌，遇见小面的上市之路曾被资本寄予厚望，其在招股阶段创下年内中式快餐新股最高认购纪录——香港公开发售超额 认购425.97倍，5家机构组成的基石阵容合计认购2200万美元，占募资总额的四分之一。 来源：五谷财经 按发行价计算，公司募资总额6.85亿港元，净额6.17亿港元，计划用于门店扩张、供应链升级及数字化建设，看似前景明朗，但资本市场的热情并未转化为 股价支 ...