Venture(US:VEMLY) Sou Hu Cai Jing·2026-01-12 08:17Core Viewpoint - COMMUNE幻师, a leading restaurant and bar concept brand in China, aims to redefine dining and social experiences by offering a diverse range of quality food and beverages in a carefully crafted atmosphere [3][5]. Group 1: Company Overview - COMMUNE幻师 operates 112 directly managed restaurants and bars across 40 cities in China as of September 30, 2025, with 109 of these under the COMMUNE幻师 brand [5]. - The company provides a flexible dining experience, catering to various consumer groups and occasions, from family gatherings to nightlife socializing [3]. Group 2: Financial Performance - For the fiscal years 2023 and 2024, COMMUNE幻师 reported revenues of RMB 844.639 million and RMB 1,073.908 million, respectively, with net profits of RMB 50.525 million and RMB 53.981 million [6][7]. - In the first three quarters of 2025, the company achieved a revenue of RMB 872.037 million, reflecting a year-on-year growth of 14.19%, and a net profit of RMB 66.698 million, up 46.85% compared to the same period in the previous year [5][6].