Core Viewpoint - Zhou Li Fu (06168) has introduced a new joint venture model with franchisees to open and operate stores, which is expected to enhance store growth and revenue, positively impacting the company's performance [1] Group 1: Company Strategy - The new joint venture model involves a partnership with franchisees to create "three good stores" (excellent location, quality products, outstanding operations) [1] - This model aims to diversify investment risks and stimulate enthusiasm for store openings, leading to an increase in the number of stores and revenue per store [1] Group 2: Financial Implications - The introduction of the "co-creation partner plan" represents an upgrade from the traditional light-asset franchise model to a "joint venture partnership system" [1] - By establishing regional operating entities with a 51% ownership for the company and 49% for franchisees, Zhou Li Fu enhances capital connection and consolidates off-balance-sheet operations [1] - This strategic shift transforms channel partners from mere transaction counterparts into a community of shared destiny, creating significant potential for future valuation and profit model re-evaluation [1]
港股异动 | 周六福(06168)尾盘飙升逾8% 公司拟优化全品牌合作模式 估值与盈利模式有望迎来重估