Core Insights - The company reported a revenue of RMB 2.753 billion for the first half of 2025, a decrease of 10.1% compared to the same period in 2024 [1] - Profit decreased by 13.7% to RMB 58.7 million [1] Group 1: Financial Performance - Revenue for the first half of 2025 was RMB 2.753 billion, down 10.1% year-on-year [1] - Net profit for the same period was RMB 58.7 million, reflecting a 13.7% decline [1] Group 2: Operational Changes - The company opened 10 new restaurants in the first half of 2025, including three Taier restaurants, five Song Hotpot restaurants, and two Shanwaimian cooperative model restaurants [1] - 10 self-operated Taier restaurants were converted to franchise restaurants [1] - A total of 88 restaurants were closed, primarily due to the expiration of lease agreements and underperformance [1] Group 3: Market Strategy - The company continues to follow a multi-brand and multi-concept strategy while exploring new business opportunities to expand market share [2] - In response to a challenging external environment, the company actively adjusted its business strategy and optimized its restaurant network [2] - The focus remains on enhancing the brand portfolio and prioritizing brands with significant growth potential [2] - The company is accelerating the upgrade of new store formats, improving product, space, and service quality to enhance customer experience and ensure sustainable growth [2]

Group 1 - The company reported a revenue of RMB 2.75 billion for the six months ending June 30, 2025, a decrease of 10.1% compared to the same period in 2024 [1] - The net profit for the period decreased by 13.7% to RMB 58.7 million, with earnings per share at RMB 0.04 [1] - The company continues to follow a multi-brand and multi-concept strategy while exploring new business opportunities to expand market share and maintain its position as a leading Chinese restaurant brand manager and operator [1] Group 2 - In response to a rapidly changing and challenging external environment, the company actively adjusted its business strategy and optimized its restaurant network during the first half of 2025 [1] - The company is focusing on optimizing its restaurant brand portfolio and concentrating on brands with significant growth potential [1] - As of June 30, 2025, the company operates 695 self-operated restaurants and 34 franchise/cooperative model restaurants across 130 cities in China, as well as locations in Singapore, Canada, Malaysia, Thailand, the United States, and Indonesia [1]