Core Viewpoint - The article emphasizes the importance of investing in unique, non-consensus sectors rather than crowded, low-barrier industries, which are seen as wasteful of social wealth [4][7]. Investment Strategy - The company avoids investing in popular sectors like prepared food, shared bicycles, and community group buying due to their low entry barriers and high competition [3][4]. - The focus is on sectors with scarcity and uniqueness, requiring independent judgment from investors [7][8]. Case Study: Canban - The success of Canban, which achieved over 2 billion in sales within a year, is highlighted as a non-consensus investment decision [13][15]. - The founder of Canban, who lacked formal educational credentials, exemplifies the type of ambitious and resourceful entrepreneurs the company seeks to support [15][16][19]. Future Investment Plans - The company plans to invest no less than 1.5 billion in the upcoming months, indicating a strong financial position [24][25]. - An upcoming event in Sichuan aims to explore innovative growth engines and connect with entrepreneurs [26][30]. Entrepreneurial Characteristics - The article discusses the traits of successful entrepreneurs, emphasizing that educational background is not a determining factor for success [19][20]. - The narrative includes examples of other successful entrepreneurs with similar backgrounds, reinforcing the idea that ambition and resilience are key [17][18].

Core Viewpoint - The recent controversy involving internet celebrity Luo Yonghao and the restaurant chain Xibei highlights significant consumer concerns regarding the use of pre-prepared dishes in the food industry, potentially leading to greater regulatory scrutiny and industry standardization [2][6][12]. Group 1: Incident Overview - Luo Yonghao criticized Xibei for allegedly using pre-prepared dishes, prompting a strong denial from Xibei's founder, Jia Guolong, who threatened legal action against Luo [4][6]. - In response to the backlash, Xibei implemented measures such as a new menu and transparency initiatives, but reported a noticeable decline in daily revenue [4][6]. - The public largely supported Luo, with many comments on social media criticizing Xibei's practices [4][6]. Group 2: Consumer Concerns - The core issue for consumers is not the opposition to pre-prepared dishes but the lack of transparency regarding their use, which affects trust in restaurant brands [6][12]. - The incident has drawn attention from regulatory bodies, with the Beijing Municipal Market Supervision Administration indicating it is monitoring the situation [6][12]. Group 3: Regulatory Developments - Concurrently, a significant policy development occurred with the draft of the "National Standard for Food Safety of Pre-prepared Dishes" passing expert review, set to be publicly consulted [7][10]. - This draft aims to standardize definitions and safety measures for pre-prepared dishes, addressing consumer rights to information and safety [10][11]. Group 4: Market Impact - Following the controversy, the pre-prepared dish sector saw a notable increase in stock prices, with the Tonghuashun A-share pre-prepared dish index rising by 0.99% [7][10]. - Analysts predict that the introduction of national standards will enhance consumer confidence and drive industry consolidation, favoring larger, compliant companies [11][12].

Core Viewpoint - The ongoing debate surrounding pre-prepared dishes (pre-cooked meals) highlights consumer concerns about transparency and quality in the restaurant industry, with a call for responsible figures in the sector to balance operational efficiency and consumer rights [1][10]. Definition and Standards - Pre-prepared dishes are defined as meals made from one or more food products, processed industrially without preservatives, and requiring heating or cooking before consumption [3]. - The regulatory framework mandates that pre-prepared dishes must not contain preservatives and must be maintained through cold chain logistics to ensure safety and freshness [4]. Industry Context - The pre-prepared meal sector addresses challenges in the restaurant industry, such as high rental and labor costs, by providing standardized and efficient food solutions [5]. - The market for pre-prepared dishes in China is projected to reach 617.3 billion yuan by 2025, with a year-on-year growth of 27.3% [7]. Consumer Perception - Consumer acceptance of pre-prepared dishes varies significantly by dining context, with over 50% acceptance in fast-food settings but only 8.8% in high-end restaurants [8]. - The core issue is not the technology behind pre-prepared dishes but rather the lack of regulatory clarity and transparency, leading to consumer resistance [9]. Future Directions - To improve consumer trust, businesses must protect consumer rights and provide clear information about the use of pre-prepared dishes in their offerings [10]. - The establishment of national standards for pre-prepared dishes is underway, which will clarify definitions and regulatory requirements, marking a shift towards a more compliant industry [11]. - The future of the restaurant industry will likely see a coexistence of traditional hand-crafted dishes and pre-prepared options, emphasizing the need for technological integration and robust regulations [12].

Group 1 - The prepared food sector experienced a decline of 0.43% as of September 16, with notable drops in companies such as Guoguang Chain (down 4.88%), Sanjiang Shopping (down 3.9%), and Huijia Times (down 4.78%) [1] - On September 15, the prepared food sector had a positive performance, increasing by 0.99%, with companies like Delisi and Sanjiang Shopping hitting the daily limit, while others like Huifa Food, Weizhi Flavor, Guolian Aquatic, Qianwei Central Kitchen, and Gaisi Food also saw varying degrees of increase [1]

本文字数：666，阅读时长大约1分钟 封图 | AI生成 截 至 9 月 16 日 午 间 收 盘 ， 同 花 顺 App 数 据 显 示 ， 预 制 菜 概 念 板 块 跌 0.43% 。 其 中 国 光 连 锁 （605188.SH）跌4.88%，昨日涨停的三江购物（601116.SH）跌3.9%，汇嘉时代（603101.SH）跌 4.78%。 2025.09. 16 作者 | 第一财经 揭书宜 千味央厨在互动平台回答投资者关于如何应对公众对预制菜行业的信任危机时表示，其深刻理解并高度 重视当前市场对预制菜行业存在的信任挑战，并采取了多项应对措施，包括源头严控与供应链升级，公 司始终将保障原料的稳定供应与卓越质量视为重中之重；构建严密的质量监控体系，针对不同业务环节 制定了质量管理制度等。 微信编辑 | 生产队的驴（吃午餐版） 9 月 15 日 ， 预 制 菜 概 念 板 块 走 高 ， 同 花 顺 数 据 显 示 ， 预 制 菜 概 念 板 块 当 日 涨 幅 0.99% 。 得 利 斯 （002330.SZ）、三江购物涨停，惠发食品（603536.SH）、味知香（605089.SH）、国联水产 （30 ...

Group 1 - The prepared food industry is facing challenges despite rapid market growth, with increasing consumer demand diversity and intensified competition requiring higher standards from companies [3] - As of September 16, the prepared food concept sector saw a decline of 0.43%, with notable drops in companies such as Guoguang Chain (down 4.88%) and Sanjiang Shopping (down 3.9%) [1] - On September 15, the sector experienced a rise of 0.99%, with companies like Delisi and Sanjiang Shopping hitting the daily limit up [1] Group 2 - The chairman of Weizhi Xiang highlighted the coexistence of prosperity and challenges in the prepared food industry, emphasizing the need for companies to adapt to evolving consumer preferences and regulatory standards [3] - Qianwei Yangchu has acknowledged the trust crisis in the prepared food industry and is implementing measures such as strict source control and supply chain upgrades to ensure quality and stability of raw materials [3]

（图片来源：摄图网） 近日，罗永浩公开吐槽西贝莜面村"预制菜比例过高"的言论持续发酵，将这家知名餐饮品牌推向舆论风口， 也再次引发公众对预制菜行业关注。 近日,西贝受到大家的广泛关注与讨论。在 这场风波中,我们看到了许多顾客对西贝的 关心、疑问与批评。 这些声音,我们都一一记在心里,也深刻意 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。 在此,西贝对给顾客带来的困扰和担忧致以 深深歉意。向每一位关注此事提出意见、建 议的顾客,致以最诚挚的感谢。 同时,请每一位顾客放心,西贝始终坚守严 格的食品安全底线,严格遵守国家相关法律 法规。 此刻西贝全体伙伴已积极行动起来,就顾客 关心的问题进行逐一改善。 为了满足广大顾客的需求,让顾客拥有更好 的体验。我们将尽可能把中央厨房前置加工 工艺调整到门店现场加工。 2025年10月1日前,西贝全国门店会陆续完成 以下调整: 1、西贝所有使用大豆油烹调的菜品,调整为 使用非转基因大豆油。 9月15日，西贝餐饮通过官方微博发布致歉信，宣布多项整改措施，包括将所有使用大豆油的菜品改用非转 基因大豆油、儿童餐"吃光光牛肉焖饭"的牛肉酱调整为门店现炒等 ...

Core Viewpoint - The dispute between Luo Yonghao and Jia Guolong regarding pre-prepared dishes has concluded, with West Be acknowledging the need for transparency in their use of pre-prepared ingredients, while the market for pre-prepared dishes remains resilient despite consumer concerns [1][8]. Industry Summary - The pre-prepared dish sector has seen a rise in stock prices since September 15, with companies like Delisi reaching a limit up, indicating strong market interest [2][3]. - The National Health Commission's draft for national food safety standards for pre-prepared dishes is expected to clarify the definition and usage of these products in the restaurant industry, which may enhance consumer confidence [3][12]. - The controversy highlights a disconnect between industry definitions of pre-prepared dishes and consumer perceptions, with concerns over food safety and ingredient quality being prominent [4][12]. Company Summary - Companies such as Delisi, Longda Meishi, and others have experienced significant stock price increases, reflecting positive market sentiment towards the pre-prepared food sector [2]. - Qianwei Central Kitchen has acknowledged the trust challenges in the pre-prepared dish market and is implementing quality management measures to address these issues [13]. - The market for pre-prepared dishes in China is projected to grow rapidly, with estimates suggesting a market size of 674.9 billion yuan by 2030, driven by various factors including evolving consumer preferences and regulatory developments [13].

Group 1 - The core debate between Luo Yonghao and Xibei highlights the lack of standardized definitions and regulations in the prepared food industry, which is crucial for its healthy development [1][3] - 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][2] - The industry serves as an important vehicle for the integration of agriculture and the catering sector, promoting agricultural efficiency and farmers' income [1] Group 2 - The prepared food industry faces challenges such as inconsistent standards, food safety concerns, and an incomplete regulatory framework, which demand higher quality and innovation from companies [2][3] - A draft national standard for food safety in prepared foods, led by the National Health Commission, is set to be publicly reviewed, which will clarify the identity of prepared foods and enforce mandatory disclosure for their use in restaurants [2] - The recent market response to the news of the upcoming standards has been positive, with significant stock price increases for related companies [2]

Core Insights - The report emphasizes the importance of proactive discovery in the financial market rather than merely relaying information [1] Domestic Financial Market - The Shanghai Composite Index closed at 3860.50, down by 0.26%, while the Shenzhen Component Index rose by 0.63% to 13005.77 [2] - The ChiNext Index increased by 1.52% to 3066.18, indicating a mixed performance across major indices [2] Macro News Summary - The National Financial Supervision Administration will guide the financial industry to implement consumer-friendly measures [4] - The People's Bank of China announced a 600 billion yuan reverse repurchase operation with a six-month term on September 15 [4] - The National Bureau of Statistics reported a 5.2% year-on-year increase in industrial added value and a 3.4% growth in retail sales in August [4] Industry Latest Developments - The Ministry of Industry and Information Technology is promoting a collaborative ecosystem for the automotive industry, with related stocks including Top Group and Desay SV [6] - A draft national standard for pre-prepared food safety led by the National Health Commission has passed expert review, with related stocks including Delisi and Weizhi Xiang [6] - The 2025 World Energy Storage Conference is being held from September 16 to 18 in Fujian, with leading battery manufacturers reporting full order books, including stocks like CATL and Beijing Lier [6] Focus on Listed Companies - Tuosida launched its first humanoid robot during a global open day event [8] - Kanghua Bio's six-valent norovirus vaccine has received clinical trial approval from the National Medical Products Administration [8] - Inno Laser has been supplying UV lasers for silicon carbide annealing processes to SHI for several years [8] - Galaxy Magnetics plans to acquire 100% of Sichuan Jingtian Longtai Technology Co., Ltd. through a share issuance and cash payment, with its stock suspended from trading since September 15 [8] Market Review and Outlook - On September 15, A-shares showed mixed performance, with the Shanghai Index down 0.23% and the Shenzhen Index up 0.63% [10] - The overall market saw more stocks decline than rise, with nearly 3400 stocks falling and only 1916 gaining [10] - The trading volume decreased to 2.28 trillion yuan, down by 245.8 billion yuan from the previous trading day [10] - Structural characteristics were evident, with strong stocks leading the market while some high-flying stocks faced profit-taking pressure [10] - High-performing sectors included lithium battery supply chains, gaming, automotive parts, coal, and pork, while technology sectors like communication equipment and semiconductors saw adjustments [10] - The domestic economic recovery outlook remains positive, supported by policy measures and global liquidity conditions [11] - The report anticipates a continued upward trend for indices, with structural opportunities emerging, emphasizing the need to monitor volume changes and policy implementation [11]