Core Viewpoint - New Era Group (08412) is planning to expand into bottled water supply, sparkling wine, and spirits businesses while optimizing resource allocation and improving profitability amidst ongoing operational challenges [1][5] Group 1: Operational Adjustments in Hong Kong - The company is monitoring the performance of its existing stores in Hong Kong, including considering the closure or sale of the Amante cigar shop due to poor performance [1] - The company is exploring relocating the Amante House to a more cost-effective location to reduce operational costs [1] - The LKF Lounge is under close observation, with potential new product introductions to enhance customer appeal [1] Group 2: Expansion into Mainland China - The company is exploring multiple investment opportunities in mainland China, aligning with its core business segments such as clubs, entertainment, restaurants, catering services, and cigar and liquor businesses [2] - The expansion strategy includes upstream and downstream operations, such as direct procurement of food and beverage products from suppliers for distribution through existing and future stores [2] Group 3: New Business Initiatives - The company plans to enter the bottled water supply business targeting both in-store customers and other retail clients through chain stores or online platforms, with a launch aimed for May 2025 [3] - Initial discussions are underway with a Chinese winery to launch a unique range of sparkling and health wines, with a tentative trial planned for June 2025 [3] - The company is actively seeking suitable locations to reopen restaurants or bars, currently in talks with a potential partner in Chengdu, China [3] Group 4: Funding and Management Enhancements - The company plans to raise funds through various means, including placements and loans from shareholders or financial institutions, to support its new initiatives [4] - The company aims to expand its board and senior management team by bringing in experienced personnel to ensure the success of these new projects [4] Group 5: Outlook and Market Conditions - Despite recent challenges, the board remains optimistic about the company's prospects, actively exploring new business opportunities and diversifying its portfolio [5] - The board acknowledges that external factors and market uncertainties may impact the timeline and outcomes of the new initiatives, emphasizing the need for flexibility in response to changing environments [5]
新爱德集团(08412)计划进军瓶装水供应、气泡酒及烈酒业务