Store Changes - As of the end of the reporting period, the total number of stores decreased from 1,968 to 1,864, with a total area reduction from 89,474.5 square meters to 84,789.1 square meters [1] - In the East China region, the number of direct-operated stores decreased from 497 to 466, while franchise stores decreased from 1,471 to 1,398 [1] Signed and Upcoming Stores - The company has signed 15 new franchise stores in East China, expected to open in the third quarter of 2025, covering an area of 762.46 square meters [1] Main Operating Data - Total revenue for the reporting period was 1,266,206,967.17 yuan, representing a year-on-year increase of 3.83% [1] - Revenue from franchise stores was 442,861,405.36 yuan, down 3.94% year-on-year, with a gross margin of 22.63%, an increase of 0.98 percentage points [1] - Revenue from direct-operated stores was 259,051,197.43 yuan, down 13.03% year-on-year, with a gross margin of 53.94%, a decrease of 0.54 percentage points [1] - Online channel revenue increased by 29.52% to 58,136,549.36 yuan, with a gross margin of 47.98%, an increase of 12.77 percentage points [1] Regional Performance - Revenue from the East China region was 1,208,070,417.81 yuan, with a year-on-year increase of 2.85% and a gross margin of 28.07%, a decrease of 2.29 percentage points [1] - The overall revenue from all channels showed a slight decrease in gross margin by 1.55 percentage points [1]

证券代码：605179 证券简称：一鸣食品 公告编号：2025-022 浙江一鸣食品股份有限公司 关于 2025 年半年度主要经营数据的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 根据上海证券交易所《上市公司行业信息披露指引第四号——零售》（2022 年修订）相关要求，浙江一鸣食品股份有限公司（以下简称"公司"）现将 2025 年半年度门店变动情况及主要经营数据披露如下： 一、报告期内门店变动情况 | 地区 | 门店性质 | 期初门店 | | 新开门店 | | 闭店 | | 期末门店 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 门店数 | 建筑面积 | 门店数 | 建筑面积 | 门店数 | 建筑面积 | 门店数 | 建筑面积 | | | | 量（家） | （㎡） | 量（家） | （㎡） | 量（家） | （㎡） | 量（家） | （㎡） | | 华东 地区 | 直营 | 497 | 24,275.87 | 5 ...

Core Insights - The food retail industry is experiencing a shift towards digitalization, driven by the inefficiencies and high losses of traditional retail formats, leading to a focus on specialized food categories and accelerating the chain process in food retail [1][6][9] - The overall digitalization level in the food retail sector is low, and the increase in chain rates will promote digital transformation, focusing on efficiency upgrades and experience reconstruction [1][9] - The digital reconstruction of the food retail industry is based on the concept of "people-goods-scene," with the cash register system serving as a key data touchpoint, alongside supply chain management and omnichannel operation systems [1][12] Digitalization Demand Background - The food retail industry has a low level of digitalization, primarily characterized by decentralized community stores and family-run shops, but is entering an accelerated phase of digital transformation due to the rise of new business formats [9] - Digitalization can integrate the supply chain, optimize procurement costs, and enhance management efficiency while reducing inventory waste [9] - The transformation will focus on improving supply chain management efficiency and reconstructing consumer experience through omnichannel operations [9] Evolution of Food Retail Formats - The transition from traditional supermarkets to specialized new formats is accelerating, with the emergence of brand snack chains, community fresh supermarkets, and other vertical formats [6] - Focusing on specific categories allows startups to quickly establish brand recognition and reduce SKU complexity, leading to lower operational costs [6] - New formats optimize supply chain efficiency by reducing intermediaries and adopting direct sourcing methods [6] Digitalization Framework - The core of food retail digitalization lies in reconstructing the collaborative relationship between people, goods, and scenes [12] - The digitalization of "people" focuses on consumer-centric omnichannel systems, while "goods" emphasizes transparent and controllable supply chain management [12] - The cash register system acts as a critical data hub, forming a "iron triangle" with supply chain management and omnichannel operation systems [12] Cash Register System Insights - The cash register system enhances operational efficiency through integrated payment, inventory management, and dynamic promotions, serving as a data hub for the food retail industry [19] - Different food categories require tailored cash register systems to meet their unique sales and promotional needs [19] - The competitive landscape shows that LeMon holds a leading market share of 38.9%, with a CR3 of 82.0% in the food retail cash register system market [21] Supply Chain Management System Insights - The supply chain management (SCM) system connects production and sales, maintaining supplier relationships and managing logistics [26] - It enhances efficiency through demand forecasting, cost control via supplier collaboration, and risk mitigation through real-time tracking [26] - The competitive landscape includes traditional ERP, comprehensive supply chain, and retail digitalization vendors, each with distinct strategies [29] Omnichannel Operation System Insights - The omnichannel operation system integrates online and offline data flows, creating a unified customer experience and enhancing marketing strategies [33] - It focuses on data accumulation, customer engagement, and operational analysis to drive business decisions [33] - The competitive landscape includes traditional ERP, marketing cloud vendors, and retail digitalization firms, all aiming to optimize their offerings [35] Future Market Outlook - The food retail market is substantial, with the GMV expected to exceed 7 trillion yuan in 2024 and grow to 8.7 trillion yuan by 2029 [38] - Growth drivers include the expansion of lower-tier markets and the rise of instant retail models, emphasizing the importance of digitalization as a competitive factor [38] - Companies that can leverage digitalization will have significant growth opportunities in the evolving market landscape [38] Digitalization Trends - The food retail digitalization vendors are building a technology ecosystem based on cloud-native architecture, data-driven approaches, and intelligent applications [45] - The integration of AI technologies into supply chain management and user operations is expected to enhance decision-making and operational efficiency [45]

Core Points - A new business named Wuhua District Benxuan Fresh Milk Store has been established with a registered capital of 50,000 RMB [1] - The legal representative of the business is Li Li [1] - The business scope includes general projects such as food sales (only pre-packaged food), internet food sales (only pre-packaged food), agricultural and sideline product sales, retail of edible agricultural products, and daily necessities sales [1] - The business is also permitted to engage in small catering services, subject to approval from relevant authorities [1]

Core Viewpoint - A new individual business named Huahu Milk Shop has been established, focusing on food sales and related activities [1] Company Summary - The legal representative of Huahu Milk Shop is Li Huiqiong [1] - The registered capital of the business is 100,000 RMB [1] - The business operates under licensed projects for food sales, which require approval from relevant authorities [1] Industry Summary - The general business scope includes sales of health food (pre-packaged), food sales (only pre-packaged), daily necessities sales, and electronic products sales [1] - The business is allowed to independently conduct operations based on its business license, except for projects that require approval [1]

Core Viewpoint - A new fresh-cut noodle shop named "He Shitian Fresh Cut Noodle Shop" has been established in Chengdu's Shuangliu District, indicating growth in the local food retail sector [1] Company Summary - The shop is registered as an individual business with a legal representative named He Xiaoming [1] - The registered capital of the business is 200,000 RMB [1] - The business scope includes food sales, with specific projects requiring approval from relevant authorities [1] Industry Summary - The shop's general business activities include retail of fresh eggs, agricultural products, and edible agricultural products [1] - The establishment reflects a trend in the food retail industry towards fresh and locally sourced products [1]

Core Points - Chengdu Shuangliu District Nan Guameimei Food Business has been established with a registered capital of 10,000 RMB [1] - The legal representative of the business is Yang Zhenyu [1] - The business scope includes food sales, internet food sales, and alcoholic beverage operations [1] Business Scope - Licensed projects include food sales, internet food sales, and alcoholic beverage operations, which require approval from relevant authorities [1] - General projects include retail of edible agricultural products, sales of pre-packaged food, retail of fresh vegetables and fruits, sales of daily necessities, and retail of household appliances [1] - The business can operate independently with a business license for projects that do not require approval [1]

Core Viewpoint - Recently, Foshan Jiayi Food Co., Ltd. was established with a registered capital of 30,000 RMB, focusing on various food-related retail and sales activities [1] Company Summary - The company is engaged in the retail of fresh meat and the sale of pre-packaged food products [1] - It also sells health food (pre-packaged), daily necessities, fresh fruits, and agricultural products [1] - The company is involved in domestic trade agency, livestock sales, wholesale of fresh meat, retail of fresh vegetables, and various other retail activities including hardware and home appliances [1] Business Operations - The company provides supply chain management services and is involved in import and export activities [1] - It has a licensed project for urban delivery transportation services (excluding hazardous goods) [1] - The company operates under the principle of conducting business activities independently based on its business license, except for projects that require approval from relevant authorities [1]

Core Viewpoint - A new business named "Mai Dong Shi Dai Fu Qing Shui Dian" has been established in Beita District, Shaoyang City, focusing on hydrogen-rich water and various retail activities [1] Company Summary - The business is registered with a capital of 0.5 million RMB [1] - The legal representative of the business is Zhang Ziyu [1] - The business operates under several licensed and general project categories, including the sale of drinking water, food, and alcoholic beverages [1] Industry Summary - The business engages in a variety of retail activities, including fresh fruit sales, internet sales (excluding licensed goods), daily necessities, health food (pre-packaged), adult products (excluding drugs and medical devices), cosmetics, and information consulting services [1] - The company also offers technical services, development, consulting, and intermediary services, as well as marriage introduction services [1]

Core Points - A new company, Linyi Zhen Shanyuan Food Co., Ltd., has been established with a registered capital of 100,000 RMB [1] - The legal representative of the company is Xu Jingfang [1] - The company’s business scope includes food sales and internet food sales, subject to necessary approvals [1] Business Scope - The company is authorized to engage in various food-related activities, including retail of fresh fruits, vegetables, and meat [1] - It also includes sales of clothing, daily necessities, and agricultural products, as well as food additives and processed food [1] - Additional services include technology development, consulting, and equipment installation [1]