Core Viewpoint - The stock price of Hu Shang A Yi (02589) surged over 26%, reflecting strong market interest and growth potential in the ready-to-drink tea market, particularly in lower-tier cities in China [1] Company Performance - As of the latest report, Hu Shang A Yi's revenue from franchise sales, franchise services, and self-operated stores for the first half of 2025 showed year-on-year changes of +10%, +3%, and -10%, respectively, totaling 1.471 billion, 283 million, and 24 million yuan [1] - The company has a total of 9,436 stores as of June 30, 2025, with a net increase of 999 stores since the beginning of the year, representing a 12% year-on-year growth [1] - The proportion of stores located in third-tier and below cities increased by 1 percentage point to 51.12% [1] Industry Insights - According to a report by Zhi Shi Consulting, the ready-to-drink tea market in China's third-tier and below cities is expected to be the largest and fastest-growing segment from 2023 to 2028, indicating significant future growth potential [1] - The company is focusing on expanding its presence in lower-tier cities, leveraging its advantages in store coverage and supply chain network [1]
港股异动 | 沪上阿姨(02589)盘中拉升逾26% 公司高度重视下沉市场 上半年加盟收入大幅增长