【私募调研记录】诚盛投资调研菜百股份

Group 1 - The core viewpoint is that Cai Bai Co., Ltd. has made significant progress in both e-commerce and offline store channels, with a continuous increase in the proportion of e-commerce sales [1] - The company has seen a steady expansion in revenue scale from offline stores, although the total store proportion has decreased, while the revenue share from chain stores in Beijing has increased [1] - The newly opened store in Shunyi has shown a gradual increase in customer traffic and sales, indicating good operational performance [1] Group 2 - The benchmark store SKP has achieved annual sales exceeding 100 million yuan, while the Zhonghai Dajixiang store has shown stable sales growth [1] - The company plans to maintain a steady pace of store openings, focusing on "deep cultivation" rather than blind expansion in its operational strategy [1]