Group 1 - The company reported a revenue of approximately 1.835 billion yuan for the first half of 2025, representing a year-on-year growth of 8.31% [1] - The net profit attributable to shareholders was around 46.74 million yuan, with a year-on-year increase of 10.17% [1] - The non-recurring net profit attributable to shareholders was approximately 36.97 million yuan, showing a year-on-year growth of 20.65%, indicating improved profitability [1] Group 2 - The company focused on channel expansion and refined operations, accelerating the opening of new stores, with 34 new stores launched in 22 cities during the first half of the year [1] - The company upgraded its sixth-generation standardized store model, enhancing space design and product structure, which led to nearly a 20% increase in customer traffic and sales [1] - The company accelerated the launch of new products and category expansion under its own brands, with sales of proprietary brands exceeding 30% in multiple categories [1] Group 3 - The company plans to continue focusing on channel deepening and brand upgrading, while promoting digital transformation and supply chain optimization to strengthen its market position in the maternal and infant retail sector [2] - Industry insiders believe that the gradual implementation of national childcare subsidy policies and the recovery of consumer demand will support the company's steady growth through multi-channel expansion and the development of its proprietary brands [2]