天眼查App显示，近日，眉山市东坡区实惠优加食品经营部（个体工商户）成立，法定代表人为邓月 明，注册资本2万人民币，经营范围为一般项目：食品销售（仅销售预包装食品）；食品互联网销售 （仅销售预包装食品）。（除依法须经批准的项目外，凭营业执照依法自主开展经营活动）许可项目： 食品销售；酒类经营。（依法须经批准的项目，经相关部门批准后方可开展经营活动，具体经营项目以 相关部门批准文件或许可证件为准）。 ...

Group 1 - A new individual business named "官渡区小子奕食品销售店" has been established, with a registered capital of 10,000 RMB [1] - The legal representative of the business is identified as 胡蝶 [1] - The business scope includes licensed projects such as food sales, which require approval from relevant authorities, and general projects like retail of fresh fruits and vegetables, internet sales of pre-packaged food, and retail of aquatic products [1]

天眼查App显示，近日，科尔沁左翼中旗芃芃食品店（个体工商户）成立，法定代表人为王天慧，注册 资本2万人民币，经营范围为许可项目：食品销售。（依法须经批准的项目，经相关部门批准后方可开 展经营活动，具体经营项目以相关部门批准文件或许可证件为准）一般项目：装卸搬运。（除依法须经 批准的项目外，凭营业执照依法自主开展经营活动）。 ...

Core Viewpoint - A new individual business named "Yanjiao Food Store" has been established in Nanhai District, Foshan City, with a registered capital of 10,000 RMB, focusing on various food and retail sales [1] Company Summary - The registered capital of the new food store is 10,000 RMB [1] - The business scope includes the sale of pre-packaged food, health food (pre-packaged), retail of aquatic products, agricultural and sideline products, edible agricultural products, daily necessities, musical instruments, hats and shoes, and maternal and infant products [1] - The store operates under the principle of conducting business activities independently with a business license, except for projects that require legal approval [1]

Group 1 - The establishment of Ruijin Qiaonengshou Food Sales Store, a sole proprietorship, has been registered with a capital of 50,000 RMB [1] - The legal representative of the company is Liu Yunen [1] - The business scope includes licensed projects for food sales, which require approval from relevant authorities, and general projects such as fresh meat retail and edible agricultural product retail [1]

Core Insights - Guoquan is the largest one-stop brand for at-home meal solutions in China, achieving retail sales of RMB 11.1 billion with a 3% market share in 2022 [1] - The company generated approximately RMB 6.5 billion in sales and RMB 230 million in profit in 2024, operating 10,150 stores across China [1] Product and Business Model - Guoquan employs a Consumer-to-Factory (C2F) model, providing advantages such as quick delivery, good quality, and a wide variety of products, with over 700 SKUs and 400 new SKUs introduced annually [2] - The vertically integrated supply chain allows Guoquan to offer prices that are roughly 10% to 80% lower than competitors like Meituan Xiaoxiang, Yonghui, and Haidilao, securing leadership in hotpot, barbecue, and set meal categories [2] - Innovative product offerings, such as the "Ox trip dreedom hotpot set," sold 5 million units and generated RMB 500 million in just 7 months in 2024, showcasing the effectiveness of product innovation [2] Channel Strategy and Growth - Guoquan has leveraged Douyin for user acquisition and revamped its membership program, resulting in a 48% increase in members and a 37% growth in prepaid card sales, nearing RMB 1 billion [3] - Store upgrades, including 24-hour formats in higher-tier cities and larger stores in lower-tier cities, have driven significant same-store sales growth (SSSG) of approximately 5% and over 20% respectively [3] - Forecasted sales growth of 17% and net profit CAGR of 42% from FY24 to FY27, with net profit margin expected to rise to 6.4% by FY27, driven by product launches, channel expansion, and improved customer retention strategies [3] Valuation and Investment Thesis - The company is initiated with a BUY rating and a target price of HK$ 4.80, based on a 23x FY26E P/E ratio, reflecting a premium valuation due to its integrated business model, extensive store network, strong brand equity, and rapid sales growth [3] - The valuation represents a 4% discount compared to peers' average and a 32% premium over the median [3]

天眼查App显示，近日，赤壁市余家桥宋中成猪头肉铺（个体工商户）成立，法定代表人为宋中成，注 册资本0.05万人民币，经营范围为许可项目：食品生产。（依法须经批准的项目，经相关部门批准后方 可开展经营活动，具体经营项目以相关部门批准文件或许可证件为准）一般项目：鲜肉零售，鲜肉批 发。（除许可业务外，可自主依法经营法律法规非禁止或限制的项目）。 ...

Fake expiry labels found in popular Japan chain's rice balls https://t.co/jaC7h7Ic4S ...

Group 1 - The establishment of Tengchong City Lu Dangjia Food Store, a sole proprietorship, has been registered with a legal representative named Yang Suyun and a registered capital of 50,000 RMB [1] - The business scope includes licensed projects such as food workshop operations, food sales, and catering services, which require approval from relevant authorities before commencement [1] - General projects include internet sales (excluding goods that require licenses) and delivery services (operating independently with a business license, except for projects that require approval) [1]

Group 1 - A new individual business named Zhongshan Gaoding Food Sales has been established with a registered capital of 10,000 RMB [1] - The business scope includes general projects such as food sales (only pre-packaged food), internet sales of food (only pre-packaged food), cosmetics retail, sales agency, and domestic trade agency [1] - The company is authorized to conduct business activities independently based on its business license, except for projects that require approval by law [1]