Core Insights - There is a supply shortage of ice-fresh lemon water at multiple locations of Mixue Ice City, particularly in cities like Guangzhou and Shenzhen, where several stores have reported being out of stock for several days [1][2] - The company claims to sell over 1 billion cups of ice-fresh lemon water annually, with a significant contribution to its revenue, as it accounted for 15%-20% of total sales [1][2] Group 1: Supply Chain Issues - The shortage is attributed to a combination of factors, including the rapid expansion of Mixue Ice City stores, which has outpaced lemon supply [2] - Recent price increases in lemons have been noted, with the average wholesale price reaching 14.97 yuan per kilogram, nearly double the price from the previous year [2] Group 2: Company Response and Financial Performance - Mixue Ice City has acknowledged the supply issues, citing delays in imported lemons due to weather conditions and the current harvesting period for domestic lemons, which requires storage for optimal taste [2] - The company reported a revenue of 14.87 billion yuan for the first half of 2025, a year-on-year increase of 39.3%, and a net profit of 2.72 billion yuan, up 44.1% [1][2] - As of September 19, 2025, Mixue Group's stock price was 395 HKD, down 1.05%, with a market capitalization of 149.949 billion HKD, reflecting a 36% decline from its historical high of 618.5 HKD on June 5 [2]
4元一杯，突然断货！蜜雪冰城多家门店遭遇“柠檬荒”