MEITUAN(HK:03690) Bei Jing Shang Bao·2026-01-28 03:31Core Insights - The 2026 Black Pearl Restaurant Guide has been released, featuring 263 restaurants from 32 cities in mainland China, covering 45 different cuisines, with 7 restaurants successfully upgrading their ratings [1] Group 1: Restaurant Ratings - In Beijing, there are 35 restaurants listed, including 1 three-diamond restaurant, 5 two-diamond restaurants, and 29 one-diamond restaurants [1] - Two restaurants have upgraded their ratings: 1996 Sichuan Cuisine Chef's Restaurant from one-diamond to two-diamond, and Jingji Rongpai Official Cuisine from two-diamond to three-diamond [1] Group 2: Culinary Trends - The exploration of local ingredients and flavors has become a hallmark of fine dining, with "Liao Cuisine" making its debut in the 2026 Black Pearl Guide [1] - New cities added to the list include Nantong and Qingdao, each with 2 one-diamond restaurants [1] - Over the past three years, the Black Pearl Restaurant Guide has added 11 local cuisines [1] Group 3: Consumer Demographics - According to Meituan data, the consumer demographic for fine dining is becoming more olive-shaped, with post-95 and post-00 generations making up 37% of fine dining consumers by 2025 [1] - The core consumer group remains those aged 30 to 50, while the number of consumers aged 60 and above has increased by 115% year-on-year [1] Group 4: Industry Changes - Meituan's Vice President and General Manager of the Dining Business Unit, Wei Wei, stated that the fine dining industry is undergoing three major changes: smaller and more flexible store formats, more refined products, and more genuine service [1]