立高食品：奶油业务发展稳步推进，上半年公司茶饮等创新渠道合计营收增长约40%

Core Viewpoint - The company is experiencing a slowdown in the growth rate of its core butter business, which has dropped to below 30% year-on-year and is expected to continue decreasing, indicating a potential shift from high growth to a more moderate growth phase [1] Group 1: Business Performance - The butter business is following a strategic plan for steady development, with future growth expected to narrow to 10-20% [1] - The company reported a year-on-year revenue growth of approximately 40% in the first half of 2025 from innovative channels such as catering, tea drinks, and new retail [1] Group 2: Strategic Initiatives - The company plans to diversify its product matrix for cream products across high, medium, and low tiers to enhance channel depth and customer breadth [1] - There is a focus on capitalizing on the trend of diversified baking consumption channels, with targeted investments in innovative baking channels and continuous improvement in product R&D capabilities [1]