Core Viewpoint - The article highlights the recent acquisition of a commercial land plot by Gu Ming Technology (Zhejiang) Co., Ltd. in Hangzhou, indicating a strategic shift in the competitive landscape of the industry from front-end competition to back-end competition, focusing on organizational capabilities and resource integration [1] Group 1: Company Developments - Gu Ming's stock price increased by over 3% at the close, reaching HKD 24.42 with a trading volume of HKD 83.37 million [1] - The company successfully acquired a commercial land plot for a total price of CNY 455 million, with a floor price of CNY 6,100 per square meter [1] - Gu Ming is implementing a dual-headquarters strategy in Hangzhou and Taizhou, with plans to potentially relocate its headquarters back to the Qianjiang Century City area upon completion of the new building [1] Group 2: Industry Insights - Industry experts suggest that the competition is evolving from store density and product iteration to organizational capabilities, resource integration, and capital strength [1] - According to Kaiyuan Securities, Gu Ming's competitive advantages include excellent supply chain management and a mature franchisee management system [1] - The company provides a two-day delivery cold chain service to 97% of its stores at a cost below 1% of GMV, which is lower than the industry average of approximately 2% [1] - The closed store rate for Gu Ming is reported to be at a normal low level, and the company is projected to have a long-term opening ceiling of over 40,000 stores nationwide based on current store density in Zhejiang [1]
古茗尾盘涨超3% 据报以4.55亿元竞得杭州钱江世纪城核心地块