于东来明确胖东来“永不上市”，高管须在60岁前退出权力岗位

Group 1 - The core strategy of the company is to remain a school-like enterprise focused on cultural and commercial exchange research, with no plans for public listing or scaling up operations [1][3]. - The founder, Yu Donglai, announced his retirement, marking a transition to a "post-Yu Donglai era" for the company, with plans for management succession and a commitment to maintaining a youthful leadership team [1][3]. - In 2025, the company achieved a total sales revenue of 23.531 billion yuan, representing a nearly 40% year-on-year growth, with the supermarket segment contributing 12.643 billion yuan, jewelry segment 2.451 billion yuan, and department store segment 2.379 billion yuan [3][4]. Group 2 - The company has completed its planning sample goals and will cease efforts to expand its scale, focusing instead on its core mission [1][3]. - Yu Donglai has previously indicated that he has relinquished 80% of the company's operational control, signaling a significant shift in management dynamics [3].