Juewei Food (603517) 东兴证券·2025-02-19 12:23Investment Rating - The report maintains a "Strong Buy" rating for the company [2][5] Core Insights - The company is leading in AI applications and has implemented a comprehensive digital strategy across management, production, and marketing, enhancing efficiency and consumer insights [3][4] - A partnership with Tencent has been established to explore deep applications of AI in retail, resulting in the development of an AI assistant that has significantly improved operational efficiency [3][5] - Despite a challenging consumer environment, the long-term impact of AI on operational efficiency is expected to be transformative, with projected revenue and profit growth in the coming years [5][6] Financial Performance Summary - The company has over 15,000 stores and is positioned as a leader in the marinated food chain sector, leveraging data and resources for AI-driven retail transformation [5] - Revenue for 2025 is projected to grow by 5.18%, with net profit expected to increase by 11.97%, leading to an EPS of 0.67 yuan [5][6] - Historical revenue and profit growth rates indicate a strong recovery trajectory, with a notable increase in customer satisfaction and a reduction in return rates [4][6]