Ge Long Hui·2025-08-11 08:47Core Viewpoint - The company reported a 2.7% year-on-year decline in revenue for the first half of 2025, amounting to 40.092 billion RMB, with declines in both convenience and beverage segments [1] Financial Performance - Revenue decreased by 2.7% to 40.092 billion RMB, with convenience revenue down 2.5% and beverage revenue down 2.6% [1] - Gross profit margin increased by 1.9 percentage points to 34.5% [1] - Distribution cost ratio rose by 0.6 percentage points to 22.8% [1] - Net profit attributable to shareholders increased by 20.5% to 2.271 billion RMB [1] - Basic earnings per share rose by 6.84 cents to 40.30 cents [1] Strategic Initiatives - The company is focused on a high-quality development strategy of "Consolidation, Innovation, Development" [1] - Improvements in cost structure and operational efficiency contributed to the increase in gross profit margin [1] - Continuous enhancement of key products, upgrading product capabilities, and improving channel efficiency to maintain leadership in core businesses [1] - Accelerated innovation in product development and expansion into emerging channels, including the launch of zero-oil fried wings and sugar-free healthy beverages [1] - Dynamic adjustments in outdoor refrigerator investments and multi-dimensional marketing strategies to enhance brand awareness, particularly among younger consumers [1] Dividend Policy - The company maintains a stable dividend policy aimed at creating long-term sustainable value growth for investors [1]