妙可蓝多：2025年B端业务发展超预期

Core Viewpoint - Shanghai Miaokelan Duo Food Technology Co., Ltd. (referred to as "Miaokelan Duo") expects its B-end business to exceed expectations by 2025, with mozzarella cheese becoming a key growth driver [1] Group 1: Business Development - The application scenarios for mozzarella cheese have expanded from traditional pizza to diverse fields such as salads, snacks, baking, and Chinese cuisine [1] - The company will focus on two main directions: upgrading original production and deepening domestic production [1] Group 2: Production Capacity and Market Opportunities - Miaokelan Duo will leverage the production capacity synergy from its factories in Changchun and Jinshan, along with the Mengniu Milk Cube project [1] - The EU anti-subsidy policy presents a replacement opportunity, which will further increase the penetration rate of domestic mozzarella cheese in catering processing and home consumption scenarios, thereby consolidating its category advantage [1]