元祖股份：2025年度净利润同比减少52%到43%

Core Viewpoint - Yuanzi Co., Ltd. (603886.SH) expects a significant decline in net profit for the fiscal year 2025, projecting a decrease of 52% to 43% year-on-year for net profit attributable to shareholders, and a decrease of 59% to 51% for net profit excluding non-recurring gains and losses [1] Group 1: Financial Projections - The company anticipates a net profit attributable to shareholders of between 119 million yuan and 142.8 million yuan for 2025 [1] - The expected net profit excluding non-recurring gains and losses is projected to be between 95 million yuan and 114 million yuan for 2025 [1] Group 2: Market Conditions and Strategies - The company faces challenges due to a slowdown in consumer demand and intensified industry competition [1] - In response, the company is optimizing its existing store network and enhancing the operational quality of individual stores [1] - The company is actively investing resources in high-potential regions, successfully opening initial stores in locations such as Shanghai Hongqiao Airport, Shenzhen, and Quanzhou [1] Group 3: Growth Outlook - The company plans to achieve a net increase of over 20 stores nationwide in 2025 compared to 2024, aiming for a more balanced and sustainable growth pattern [1] - Despite the initial phase of new market development, the revenue contribution from these new stores has not yet fully materialized, and the associated fixed costs are exerting pressure on overall profits [1] - The company maintains confidence in the long-term development of the industry and aims to enhance core competitiveness through targeted marketing and differentiated competition strategies [1]