Core Viewpoint - Guming (01364) has shown significant stock performance, with a 6.15% increase, reaching HKD 26.94, and a trading volume of HKD 155 million, indicating strong market interest and confidence in the company's growth potential [1] Expansion Plans - Guming plans to open approximately 3,000 new stores by 2025, increasing the total number of stores to around 13,000 [1] - There are still 17 provinces in China where Guming has not established a presence, indicating substantial market expansion opportunities [1] - Based on the current store density in Zhejiang, the long-term potential for store openings in China is estimated to exceed 40,000 [1] Market Position and Strategy - Pacific Securities identifies Guming as the most "certain and spacious" player in the tea beverage sector, highlighting its strong market position [1] - Despite the reduction in delivery subsidies, same-store performance remains stable, showcasing the company's resilience [1] - Guming's store expansion strategy focuses on increasing density in existing regions and breaking into strategic markets [1] - The company aims to maintain same-store sales targets through adjustments in channel structure to increase dine-in ratios and enhance franchisee revenue, alongside introducing new product categories like coffee and baked goods to support same-store sales [1]
古茗尾盘涨逾6% 门店总数已提升至约1.3万家 公司今年开店目标积极