Group 1: Company Developments - Baifei Dairy plans to withdraw its application for listing on the Shanghai Stock Exchange, citing strategic development considerations [1][2] - Junlebao officially submitted its listing application to the Hong Kong Stock Exchange, aiming to raise funds for factory construction, capacity expansion, and brand marketing [7][8] - Fangyuan Capital is acquiring 92% of Jixiangju, a pickled vegetable and compound seasoning company, enhancing its control over the firm [4][5] Group 2: Industry Trends - The total retail sales of consumer goods in 2025 are projected to exceed 50 trillion yuan, with restaurant revenue reaching 57.982 billion yuan, reflecting a growth of 3.2% [12] - The national standard for prepared dishes has been publicly solicited for opinions, indicating a regulatory shift in the food safety sector [14] - Uruguay will not impose additional regulations on the use of beef export quotas to China, with a quota of 324,000 tons set for 2026, indicating ample supply [15]