元祖股份(603886.SH)：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% compared to the previous year, with net profit attributable to shareholders estimated between 119 million to 142.8 million yuan [1] Financial Performance - The company anticipates a net profit excluding non-recurring gains and losses to be between 95 million to 114 million yuan for 2025, reflecting a year-on-year decrease of 59% to 51% [1] Market Strategy - In response to a slowdown in consumer demand and intensified industry competition, 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 its first batch of stores in locations such as Shanghai Hongqiao Airport, Shenzhen, and Quanzhou [1] Growth Outlook - The company plans to achieve a net increase of over 20 stores nationwide in 2025 compared to 2024, aiming to establish a more balanced and sustainable growth pattern [1] - Despite the initial phase of new market cultivation, the revenue contribution from these new stores has not yet fully materialized, and the associated fixed costs such as rent and salaries are exerting pressure on overall profits [1] Competitive Strategy - The company maintains confidence in the long-term development of the industry and plans to enhance its core competitiveness through targeted marketing and differentiated competition strategies, actively creating value for investors [1]