Group 1 - Xibei issued an apology letter stating it will adjust its pre-prepared food processing to on-site processing in stores by October 1, 2025 [3] - Luo Yonghao announced he would not pursue further action against Xibei after receiving an apology from the owner of Hua Yu Hua [4] - Xiaomi's Lei Jun stated that the Xiaomi 17 series will directly compete with the iPhone, featuring significant upgrades and the global debut of the fifth-generation Snapdragon 8 processor [4] Group 2 - China and the U.S. reached a basic framework consensus to resolve TikTok issues through cooperation, aiming to reduce investment barriers and promote economic cooperation [4] - The 2025 China Enterprise 500 list was released, with the revenue threshold for entry set at 47.96 billion yuan, an increase of 579 million yuan from the previous year [8] - The number of enterprises with revenue exceeding 100 billion yuan reached 267, accounting for 53.4% of the list [8] Group 3 - Zeekr Technology's shareholders approved a merger agreement with Geely Automobile, with 94.2% voting in favor [10] - Reports of Burger King's closures in Shenzhen were confirmed, attributed to changes in business strategy [10] - Amazon Web Services denied rumors of layoffs in its Greater China region, stating it continues to actively recruit talent [12] Group 4 - Apple is expected to launch its first display-less smart glasses within the next 12 to 16 months, competing with Meta's Ray-Bans [13] - Faraday Future announced the initiation of a spin-off listing plan for its Crypto Flywheel project [16] - Xiangjie Automotive plans to invest 20 billion yuan over three years to develop a dedicated team for its brand strategy [16] Group 5 - The first low-altitude economy internet platform in Hunan was launched, allowing users to book drone services similarly to ride-hailing [18] - Anku Energy completed an A+ round of financing, with previous funding from Xiaomi Group exceeding 100 million yuan [18] - Chip Vision Microelectronics completed a C+ round financing, focusing on ToF sensor chips for various applications [18]

Core Viewpoint - The ongoing dispute between Luo Yonghao and Xibei Youmian Village regarding the "pre-made dishes" issue has drawn significant public attention, leading to Xibei's commitment to rectify its production processes and Luo's decision to monitor the situation without pursuing further legal action [3][4]. Company Response - Xibei issued an apology acknowledging the gap between its production processes and customer expectations, promising to adjust its central kitchen processing to on-site preparation by October 1 [3][4]. - Xibei is also in discussions with suppliers to shorten the shelf life of its products while ensuring food safety [3]. Market Reaction - Following the developments, several pre-made dish-related stocks surged, with companies like Delisi and Huifa Foods hitting their daily price limits, and Guolian Aquatic experiencing a 12.43% intraday increase before closing up 5.03% [4]. - The incident has reignited consumer interest in the pre-made dish industry, highlighting the potential for growth despite existing challenges [4]. Industry Standards - Recent regulatory efforts have aimed to standardize the pre-made dish industry, with various local standards being introduced to enhance food safety and quality [6]. - The market is expected to benefit from clearer regulations, which may strengthen industry self-discipline and favor leading brands [5]. Market Size and Growth - The pre-made dish market in China is projected to reach 485 billion yuan in 2024, with a year-on-year growth of 33.8%, and is expected to grow to 749 billion yuan by 2026 [7]. Competitive Landscape - Despite the market's rapid growth, many listed companies in the pre-made dish sector reported declining profits in the first half of 2025, with some facing significant losses [8][9]. - Companies like Guolian Aquatic reported a loss of 550 million yuan, attributed to decreased revenue and increased asset impairment losses [9]. Consumer Sentiment - Consumers express a desire for transparency and choice regarding pre-made dishes, indicating a need for better communication from companies about their products [10].

Core Viewpoint - The ongoing dispute between Luo Yonghao and Xibei Catering has heightened public interest in the pre-prepared food industry, leading to a significant surge in related stocks as the national standard for pre-prepared food is set to be released soon [1][2]. Market Reaction - The pre-prepared food index rose by 1.63%, with several stocks hitting their daily limit, including Delisi (涨停) and Guolian Aquatic (涨超7%) [1][2]. - A total of 31 companies in the A-share market are categorized under the pre-prepared food concept, with notable firms like Shuanghui Development and Jinlongyu included [2]. Regulatory Developments - The draft national standard for pre-prepared food, led by the National Health Commission, has passed review and will soon seek public opinion, marking a significant regulatory step [1][3]. - The new standard will require restaurants to disclose their use of pre-prepared foods, which is expected to reshape the industry landscape [1][3]. Industry Growth Potential - The pre-prepared food market in China is projected to reach 4.85 trillion yuan in 2024, with a year-on-year growth of 33.8%, and is expected to exceed 6.17 trillion yuan by 2025 [4]. - E-commerce platforms reported a 160% increase in pre-prepared food sales in 2023, with over 60% of consumers being from the younger demographic [4]. Company Landscape - There are currently over 74,000 registered pre-prepared food companies in China, with approximately 9,500 new registrations in 2025 alone [5]. - The introduction of the national standard may increase costs by 15% to 30%, potentially leading to the consolidation of smaller firms unable to meet the new requirements, while larger companies could benefit from economies of scale [5].

近日，围绕"预制菜"的争议持续发酵，引发广泛舆论关注。该事件不仅反映出消费者对食品安全、知情 权和餐饮透明度的日益重视，更折射出中国餐饮行业在工业化、标准化进程中面临的一些认知与规范挑 战。 从本次舆论双方就涉事餐厅是否使用了预制菜的争议来看，双方各执一词、舆论分歧明显。这场争论虽 是一则商业插曲，却具有显著的公共意义，相关讨论推动预制菜议题进入公众视野，客观上促进了社会 对餐饮工业化的理性讨论，也为行业走向规范与透明提供了一次契机。 中国作为全球饮食文化最丰富的国家之一，拥有多样的烹饪方式与地域风味，消费者对"好吃"和"吃 好"的追求始终是餐饮市场的核心驱动力。然而，伴随城市化加速和生活节奏加快，国民餐饮需求正呈 现"双轨并行"态势：一方面追求更高品质、更健康的膳食；另一方面也迫切需要便捷、高效、经济的就 餐解决方案。 从国际经验看，预制菜已是成熟市场的主流选择。以日本为例，日本预制菜产业的渗透率达到70%，7- 11、全家的预制菜成为上班族解决一日三餐的日常选择。美国的预制菜市场渗透率也远超中国。欧美日 的发展路径表明，预制菜不是对传统饮食的否定，而是餐饮业应对高效率、快节奏社会需求的必然产 物。家庭结构 ...

近日，围绕"预制菜"的争议持续发酵，引发广泛舆论关注。该事件不仅反映出消费者对食品安全、知情 权和餐饮透明度的日益重视，更折射出中国餐饮行业在工业化、标准化进程中面临的一些认知与规范挑 战。 从本次舆论双方就涉事餐厅是否使用了预制菜的争议来看，双方各执一词、舆论分歧明显。这场争论虽 是一则商业插曲，却具有显著的公共意义，相关讨论推动预制菜议题进入公众视野，客观上促进了社会 对餐饮工业化的理性讨论，也为行业走向规范与透明提供了一次契机。 从国际经验看，预制菜已是成熟市场的主流选择。以日本为例，日本预制菜产业的渗透率达到70%，7- 11、全家的预制菜成为上班族解决一日三餐的日常选择。美国的预制菜市场渗透率也远超中国。欧美日 的发展路径表明，预制菜不是对传统饮食的否定，而是餐饮业应对高效率、快节奏社会需求的必然产 物。家庭结构小型化、人口老龄化及通勤时间延长等现象，共同推动了"吃饭便捷化"趋势的形成。 中国也正处于这一变革进程中。随着城市化率不断提高，人口高密度聚集于商业区，商场及写字楼因消 防限制无法使用明火，再加上午晚餐高峰时段集中出餐的压力，都倒逼企业寻求标准化、规模化的餐饮 解决方案。 在此背景下，预制菜 ...

Group 1 - The overall market showed strength with the Shanghai Composite Index rising by 0.22%, the Shenzhen Component increasing by 1.07%, and the ChiNext Index up by 2.13% after a dip [1] - Over 3,200 stocks declined across both markets, with a total trading volume of 1.51 trillion [1] Group 2 - Gaming concept stocks experienced a strong rebound, rising by 3.43% at midday, with Xinghui Entertainment and Perfect World hitting the daily limit [3] - Energy storage stocks performed robustly, with CATL and Sungrow both reaching historical highs [3] - The prepared food sector was active, with Deli Foods hitting the daily limit [3] - The state-owned cloud concept stocks faced a decline, dropping by 1.95% at midday, with several stocks like Meili Cloud and TeFa Information seeing declines over 4% [3] - Computing hardware stocks showed mixed results, with Chunzong Technology hitting the daily limit down [3] - Cultural media, real estate, and precious metals sectors experienced significant declines [3] Group 3 - The Ministry of Commerce announced an anti-dumping investigation on imported simulation chips from the U.S. starting September 13, 2025 [3] - A draft national standard for food safety in prepared dishes has passed expert review and will soon be open for public consultation [3] - In August, the sales prices of commercial residential properties in 70 large and medium-sized cities showed a month-on-month decline [3]

Core Viewpoint - The debate between Luo Yonghao and Xibei highlights the issues within the rapidly growing prepared food industry in China, revealing both challenges and opportunities for healthy industry development [1][2]. Industry Growth - The prepared food industry in China is projected to reach a market size of 485 billion yuan in 2024, with a year-on-year growth of 33.8%, and is expected to exceed 749 billion yuan by 2026 [1]. - The industry plays a crucial role in integrating agriculture and promoting efficiency, increasing farmers' income, standardizing the catering industry, and meeting consumer demand for convenience [1]. Industry Challenges - The industry faces several challenges, including inconsistent standards, food safety concerns, and an incomplete regulatory framework [2]. - The debate over the definition and standards of prepared food reflects the lack of unified standards in the industry, which is essential for resolving misunderstandings [3]. Regulatory Developments - A draft of the "National Standard for Food Safety of Prepared Foods," led by the National Health Commission, has passed review and will soon seek public opinion, aiming to establish a unified definition and mandatory disclosure for the use of prepared foods in restaurants [2]. Market Response - Following the news of the upcoming national standards, related stocks in the prepared food sector saw significant gains, with companies like Delisi hitting the daily limit, and others like Tiankang Biological and Longda Meishi rising over 5% [2]. Quality and Consumer Trust - Quality is identified as the lifeline of the prepared food industry, with consumer anxiety over quality being a central issue. Companies must prioritize quality to gain market respect and consumer choice [3]. - The establishment of standards and transparency is crucial for the healthy development of the industry, enabling consumers to make informed choices and pushing companies to enhance product quality [3].

2025.09.15 本文字数：2995，阅读时长大约5分钟 作者 |第一财经 揭书宜 乐琰 罗永浩与西贝之间的"预制菜大战"还未结束，9月14日晚间，因为西贝创始人贾国龙在某个行业群内的 表态截图流出，还称罗永浩为"网络黑嘴"。于是，罗永浩表示："贾国龙，那这件事我们没法揭过去 了。在中间再劝我的朋友，我们一律绝交吧。" 9月15日，西贝发布致歉信称，深刻意识到西贝的生产工艺与顾客的期望有较大差异，没有满足广大顾 客的需求与期待。将尽可能把中央厨房前置加工工艺调整到门店现场加工。 然而罗永浩并不买账，甚至对于胖东来创始人于东来对西贝事件的发文，罗永浩称："于总，您一直都 是我非常尊敬的企业家，希望您弄清真相之前，千万不要被损友误导，搅这个浑水，连累了您的名声。 这几天的事件发酵，大家都看出来了，现在这个世界如果真有一个人想毁了西贝，那就是贾总本人。" 之后，罗永浩又发文称，决定放弃进一步追究西贝。 预制菜真的如此不堪吗？ 参观西贝厨房需持健康证 0:00 第一财经记者9月14日晚间来到数家西贝餐厅亲测，在晚餐时间看到店内客人不多，店员告诉第一财经 记者，受预制菜风波影响，近期的客人明显减少。当记者提出要参观 ...

Core Viewpoint - The rise of pre-prepared meals (pre-made dishes) has sparked significant debate in the restaurant industry, highlighting changing consumer expectations regarding food transparency and quality [1][3][9] Group 1: Industry Dynamics - The controversy surrounding pre-prepared meals indicates that Chinese consumers are becoming more discerning about their dining choices, demanding not only flavor but also the right to know about the food they consume [3][5] - Major restaurant brands have successfully expanded nationwide by leveraging pre-prepared meals, standardization, and efficiency, catering to the needs of busy consumers [5][9] - The market is witnessing a shift where restaurants are increasingly transparent about their food sourcing and preparation methods, leading to positive customer feedback [7][9] Group 2: Consumer Behavior - Consumers are evolving from merely enjoying meals to actively questioning the authenticity of food preparation methods, such as whether dishes are freshly cooked or pre-prepared [7][9] - There is a growing trend among restaurants to openly disclose the origins of their ingredients, which has resulted in increased customer satisfaction and trust [7][9] - The ongoing debate around pre-prepared meals is prompting consumers to become more informed and assertive about their rights to know what they are eating [9] Group 3: Regulatory and Industry Response - In response to the rising concerns, market regulators and industry associations are beginning to establish guidelines and hold discussions on the classification of pre-prepared foods [5] - The industry is recognizing the importance of honesty and transparency in building consumer trust, as businesses that attempt to hide their use of pre-prepared ingredients face backlash [7][9] - The controversy surrounding pre-prepared meals is seen as an opportunity for the industry to improve its practices and enhance consumer relations through clearer communication [9]

9月15日，"预制菜第一股"味知香召开2025年半年度业绩说明会，管理层就投资者关心的问题进行解答。 上半年，味知香实现营业总收入3.43亿元，同比增长4.7%；归母净利润为3195万元，同比下降24.46%，扣 除非经常性损益后的归母净利润降幅更大，下滑38.74%至2534万元。 这已是味知香连续两年净利润下滑。2024年中期，公司归母净利润已经同比下滑43.37%至4229万元。 盈利能力走弱很大程度上与原材料成本高企有关。 上半年，受部分原材料价格上涨影响，味知香营业成本同比增长10.29%至2.71亿元，增幅明显超过营收 （4.7%），直接挤压利润空间；期内公司毛利率为20.83%，同比下滑超4个百分点。公司也在半年报中提 示风险：原材料价格波动是食品企业常见的经营风险，原材料成本占主营业务成本比重较高，若主要原材 料市场价格出现较大波动，企业采购成本会随之变动，可能对生产计划造成冲击，给经营和盈利带来不确 定性。 面对毛利率下滑问题，公司财务总监、董秘谢林华在业绩会上坦言，核心影响因素是牛肉原材料价格波 动。据悉，牛肉类产品是味知香的第一大细分产品，收入1.37亿元，同比增长8.82%，占主营业务 ...