Group 1: Company Developments - Mingming Hen Mang has received approval for its overseas listing, planning to issue up to 76.67 million shares on the Hong Kong Stock Exchange, with 25 shareholders converting approximately 198 million shares for circulation [1] - Costco reported a revenue of $67.31 billion for Q1 of fiscal year 2026, a year-on-year increase of 6.4%, exceeding market expectations [3] - Haidilao is testing its new "Dapaidang" hotpot concept in Guangzhou, with plans to expand to other cities like Qingdao and Shanghai [4] - Zhou Hei Ya has opened its first overseas store in Malaysia, marking a significant step in its global strategy [8] - Mixue Ice Cream has launched its first flagship store in Guangzhou, integrating local cultural elements [10] - Nova Coffee has surpassed 10,000 global stores, expanding rapidly in domestic and overseas markets [10] - Xicha plans to reduce its store count by 680 by 2025, shifting its strategy to exit the competitive "scale involution" in the new tea beverage market [10] - JD.com and Guangdong Province have established the first "Modern Rider Academy" to enhance the skills of delivery personnel [11] - JD.com will invest 22 billion yuan over the next five years to provide 150,000 "Rider Homes" for delivery staff [14] - JD Logistics has launched an "Extreme Cold Protection" service in Heilongjiang to ensure the quality of perishable goods [16] - Yantian Puzhi has announced its "Big Demon Strategy" focusing on health-oriented snack products [18] - Sam's Club is set to open its first store in Jinan by the end of 2026, with construction progressing [19] - Kidswant has submitted its application to the Hong Kong Stock Exchange for listing [20] Group 2: Industry Trends - The Ministry of Commerce is planning to enhance innovation and transformation in the retail sector during the 14th Five-Year Plan, focusing on improving product and service quality [7] - A report indicates that young consumers prefer personalized dining experiences, with a shift towards single-serving meals reflecting individual tastes [18]