【私募调研记录】沣京资本调研菜百股份

Group 1 - The core viewpoint of the news is that Fengjing Capital has conducted research on Cai Bai Co., which includes insights into the company's 2024 store opening plans, channel and product structure changes, pricing strategies, and dividend distribution [1] - Cai Bai Co. plans to open approximately 10 new stores in 2024, with over half already opened, including the largest flagship store in Beijing Shunyi Xiangyun Town [1] - The company reported a slight decrease in revenue contribution from its main store despite growth in total store scale, with significant growth in chain stores and online business, as well as good performance in bank channels [1] Group 2 - The sales of precious metal investment products have seen a significant increase, while gold jewelry sales remain stable, and there is a good rise in precious metal cultural products; however, sales of diamond and jade jewelry have declined [1] - Cai Bai Co. adheres to a pricing principle of "selling genuine goods at real prices" [1] - The annual profit distribution plan for 2024 proposes a cash dividend of 7.20 yuan (including tax) for every 10 shares [1]