智通财经APP讯，九毛九(09922)发布公告，于2026年1月21日，该公司斥资200.25万港元回购96.2万股股 份，每股回购价2.06-2.1港元。 ...

格隆汇1月21日丨九毛九(09922.HK)公告，1月21日耗资200.2万港元回购96.2万股。 ...

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21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 。 986,000 0.0708 % HKD 2.03 | 13). | 購回以作註銷但尚未註銷之股份 | | 986,000 | 0.0708 % | HKD | 2.03 | | --- | --- | --- | --- | --- | --- | --- | | | 變動日期 | 2026年1月16日 | | | | | | 14). | 購回以作註銷但尚未註銷之股份 | | 975,000 | 0.0701 % | HKD | 2.05 | | | 變動日期 | 2026年1月19日 | | | ...

格隆汇1月19日丨九毛九(09922.HK)公告，1月19日耗资200万港元回购97.5万股。 ...

智通财经APP讯，九毛九(09922)发布公告，于2026年1月19日，该公司斥资200万港元回购97.5万股股 份，每股回购价格为1.99-2.06港元。 ...

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19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 | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | | 庫存股份變動 | | | ...

智通财经APP讯，九毛九(09922)发布公告，该公司于2026年1月16日斥资200.16万港元回购98.6万股股 份，每股回购价格为2.03港元。 ...

Group 1 - The company, Jiumaojiu (09922.HK), announced a share buyback on January 16, spending HKD 2.002 million to repurchase 986,000 shares [1]

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) 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 第 1 頁 共 8 頁 v 1.3.0 FF305 呈交日期： 2026年1月16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 | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | | 事件 | ...

Core Viewpoint - The article discusses the transformation of the restaurant chain "Tai Er" from a single-item focus on "sour fish" to a broader menu strategy, highlighting the challenges and market dynamics that necessitated this shift [4][47]. Group 1: Company Strategy and Transformation - Tai Er has undergone significant changes, including rebranding some locations to "Tai Er Fresh Sour Fish" and others to "New Tai Er Fresh Material Sichuan Cuisine," indicating a shift from a single-item model to a wider variety of offerings [4][5]. - The number of SKUs (Stock Keeping Units) has increased to around 40, reflecting a diversification of the menu to compete with broader-category restaurants [5]. - The initial success of Tai Er was attributed to its focus on a single dish, sour fish, which was highly marketable and operationally efficient [27][37]. Group 2: Market Trends and Challenges - The restaurant industry has seen a decline in average customer spending, with data indicating that dining prices have returned to levels close to those in 2015 [43]. - There is a noticeable decrease in foot traffic in shopping centers, impacting restaurants that rely heavily on these locations [44]. - Consumer expectations have shifted towards greater variety and quality, with a growing preference for freshly prepared dishes over pre-packaged options [45]. Group 3: Operational Efficiency and Supply Chain - The sour fish model allowed for a streamlined supply chain with fewer SKUs, reducing waste and increasing profit margins [15][14]. - The sourcing of core ingredients, such as bass fish, has been advantageous due to its short farming cycle and high utilization rate, ensuring stable and cost-effective supply [23][24]. - The article emphasizes that the success of a restaurant often hinges on the quality and availability of agricultural products, which can significantly impact operational efficiency [18][21]. Group 4: Future Directions - Tai Er's recent changes include expanding its menu to include a wider range of Sichuan dishes and introducing children's meals, aiming to attract family dining and group gatherings [47]. - The company has relaxed previous restrictions, such as not allowing takeout and limiting table sizes, to adapt to changing consumer preferences and market conditions [47]. - The article concludes that the restaurant industry must continuously adapt to survive, as past successful strategies may no longer yield the same results in a changing market landscape [48].