巴比食品：4、5月份华东区域门店订货额中位数已同比转正，闭店率保持稳定

Group 1 - The core focus of the company is on expanding its pet food segment, having established a subsidiary and a supply partnership with the Shanghai-based fresh pet food brand "Paiteshengsheng" to gradually enter the pet food market [1] - In terms of new store expansion, the company reported that the median order amount for stores in East China has turned positive year-on-year in April and May, with a stable closure rate [1] - The company is exploring new store formats and product categories, including dine-in options and new types of food offerings, to meet the consumption needs of lower-tier markets and enhance the franchise model [1] Group 2 - For the group meal business, the company expects to achieve revenue of 380 million yuan in 2024, a year-on-year increase of 15.3%, and 93.11 million yuan in the first quarter of 2025, a year-on-year increase of 11.7%, with this segment accounting for over 25% of total revenue [2] - The company plans to leverage its five central kitchens across the country to expand its group meal business, focusing on deepening relationships with key clients like Hema and Meituan while developing more offline high-potential customers [2] - The strategy includes building a national distributor system to offer competitive pricing and services, aiming for rapid growth in the group meal segment [2]