Core Viewpoint - The performance of the main brands of the company shows steady improvement, with specific operational adjustments and upgrades contributing positively to sales figures in the fourth quarter of 2025 [2] Group 1: Brand Performance - In the fourth quarter of 2025, the table turnover rates for the main brands were 3.0 for Tai Er, 2.3 for Song Hot Pot, and 2.1 for Jiu Mao Jiu, with same-store daily sales decreasing by 3.0%, 19.0%, and 16.4% respectively [1] - Tai Er has achieved positive year-on-year growth in same-store daily sales in mainland China, reflecting the effectiveness of previous operational adjustments and store model upgrades [2] - The "Fresh" model stores have shown particularly strong performance, providing robust support for Tai Er's overall recovery [2] Group 2: Store Expansion and Customer Experience - As of December 31, 2025, Tai Er has opened a total of 243 "Fresh" model stores across 60 core cities in China, including 6 upgraded "New Tai Er Fresh Ingredients Sichuan Cuisine" stores, enhancing product structure and menu diversity [2] - The market feedback for the "Fresh" model has been positive, confirming its replicability across different cities and consumer scenarios [2] - The average customer spending for the main brands has remained relatively stable over several quarters, with a slight increase observed as the proportion of "Fresh" model stores rises, indicating the effectiveness of the company's focus on product strength and customer experience optimization [2]

格隆汇1月9日丨九毛九(09922.HK)公告，于2025年第四季度，集团主要品牌的经营表现稳中向好。其 中，太二于中国内地的同店日均销售额同比已实现转正，反映前期经营调整及门店模型升级的成效进一 步显现。期内，"鲜活"模式门店表现尤为突出，为太二整体经营恢复提供了有力支撑。 此外，怂火锅及九毛九的新模型门店于2025年第四季度亦陆续落地，并取得积极的市场反馈。公司相 信，随着新模型门店的持续打磨、模型逐步跑通及后续推广，相关品牌的同店经营表现有望逐步改善。 同时，集团主要品牌的顾客人均消费已连续多个季度保持相对稳定。随着太二"鲜活"模式门店占比的提 升，顾客人均消费亦出现小幅回升，显示集团在聚焦产品力强化与顾客体验优化方面的战略成效正持续 显现。 截至2025年12月31日，太二已累计落地"鲜活"模式门店243家，覆盖全国60个核心城市。其中，包括6家 焕新升级的"新太二鲜料川菜"门店，在产品结构及菜单丰富度方面进一步优化，持续强化"鲜活食材"品 牌定位。"鲜活"模式推出以来，市场反馈良好，进一步验证了该模式在不同城市及消费场景下的可复制 性。 ...

Core Viewpoint - The performance of major brands under the company is showing steady improvement, with specific operational adjustments and new store models contributing positively to sales recovery [2] Group 1: Brand Performance - In Q4 2025, the table turnover rates for major brands were 3.0 for Tai Er, 2.3 for Song Hot Pot, and 2.1 for Jiu Mao Jiu, with same-store average daily sales decreasing by 3.0%, 19.0%, and 16.4% year-on-year respectively [1] - Tai Er's same-store average daily sales in mainland China have turned positive year-on-year, indicating the effectiveness of previous operational adjustments and store model upgrades [2] - The "Fresh" model stores have shown particularly strong performance, providing robust support for Tai Er's overall business recovery [2] Group 2: Store Expansion and Customer Experience - As of December 31, 2025, Tai Er has opened a total of 243 "Fresh" model stores across 60 core cities in China, including 6 upgraded "New Tai Er • Fresh Ingredients Sichuan Cuisine" stores [2] - The introduction of the "Fresh" model has received positive market feedback, confirming its replicability in various cities and consumer scenarios [2] - The average customer spending for major brands has remained relatively stable over multiple quarters, with a slight increase observed as the proportion of "Fresh" model stores rises, reflecting the company's strategic focus on product strength and customer experience optimization [2]

Jiumaojiu International Holdings Limited 九毛九國際控股有限公司 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 （於開曼群島註冊成立的有限公司） （股份代號：9922） 自願公告 2025年第四季度最新營運表現 本公告乃由九毛九國際控股有限公司（「本公司」，連同其附屬公司，統稱為「本集 團」）自願作出，旨在知會本公司股東及潛在投資者本集團2025年第四季度的未經 審核主要營運數據。 按品牌劃分的餐廳數量 截至2025年12月31日 | 太二 | 499 | | --- | --- | | －自營 | 477 | | －加盟 | 22 | | 慫火鍋 | 62 | | 九毛九 | 63 | | －自營 | 61 | | －加盟 | 2 | | 賴美麗 | 1 | | 賞鮮悅木 | 1 | | 山的山外面 | 17 | | －自營 | 3 | | －合作模式 | 14 | | 潮那邊 | 1 | | 總計 | 6 ...

九毛九(09922)发布公告，于2026年1月9日，该公司斥资200.17万港元回购106.4万股股份，每股回购价 格为1.87-1.9港元。 ...

智通财经APP讯，九毛九(09922)发布公告，于2026年1月9日，该公司斥资200.17万港元回购106.4万股股 份，每股回购价格为1.87-1.9港元。 ...

格隆汇1月9日丨九毛九(09922.HK)公告，1月9日耗资200.2万港元回购106.4万股。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 九毛九国际控股有限公司 (於開曼群島註冊成立的有限公司) 呈交日期： 2026年1月9日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 09922 | 說明 | | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | 事件 | | 已發行股份（不包括庫存股份）變動 | 佔 ...

Group 1: Industry Trends - The condiment industry is seeing a surge in companies going public, focusing on overseas markets to combat rising costs and intense competition, with the industry expected to reach a scale of 498.1 billion yuan by 2024 [2][3] - The popularity of turmeric drinks is rising among young consumers, driven by health trends, with sales strong despite higher prices, and social media engagement showing over 13.2 million views on platforms like Xiaohongshu [4] - The food waste issue is prompting the emergence of the Upcycled Food industry, which is projected to reach a market size of 74.8 billion USD by 2029, utilizing innovative technologies to convert waste into high-value products [6][7] Group 2: Consumer Behavior - A survey indicates that 97.2% of young people have tried "light health" practices, with dietary health and fragmented exercise being the most popular methods, highlighting a shift towards more manageable health solutions [8] - The rise of health-conscious beverages, including sugar-free teas and functional drinks, is attributed to increased consumer awareness and the psychological need for immediate satisfaction in fast-paced lifestyles [10] - The trend of "punk health" in the health liquor sector is attracting younger consumers, with sales of health liquor on e-commerce platforms surging by 75.8% in the first eight months of 2025 [15] Group 3: Market Innovations - The introduction of cooking robots in restaurants is rapidly expanding, with the market expected to exceed 3.7 billion yuan by 2025, driven by AI technology and efficiency improvements [9] - The flavored water market is projected to grow from 22.1 billion USD in 2025 to 57.3 billion USD by 2035, with a compound annual growth rate of 10%, driven by health trends and innovative flavors [16] - The bottled water industry is facing intensified competition, with brands needing to diversify their product offerings and improve supply chain efficiency to maintain market share [17] Group 4: Brand Dynamics - The brand "Guozi Shule" is expanding its product line in the sugar-free tea market and has seen significant growth in its large bottle sales, indicating a strategic shift towards channel expansion [19] - "Tai Er" is undergoing a brand upgrade to focus on fresh ingredients and new dishes, responding to market changes and performance pressures, with a notable decline in revenue [20] - Danone's beverage brand "Pulse" is expected to reach nearly 7 billion yuan in revenue by 2025, with plans to expand into health drinks and face competitive pressures [21]

九毛九(09922)发布公告，于2026年1月8日，该公司斥资200.29万港元回购107万股。 ...