Group 1 - The core viewpoint of the articles emphasizes the importance of regulating small grocery stores to effectively reduce food safety risks in Urumqi City, Xinjiang Uygur Autonomous Region [1][3] - The Urumqi Market Supervision Bureau has implemented a comprehensive food safety special rectification action focusing on common complaints such as "label ambiguity," "spoiled food," and "expired food" [1] - The bureau has conducted thorough inspections of over 200 small shops and convenience stores, particularly in key areas such as school surroundings, old communities, and rural remote areas [1] Group 2 - The bureau has adopted a "zero tolerance" approach towards illegal activities, strictly enforcing laws and regulations, and has processed three cases of violations to maintain market order [1][3] - A long-term regulatory mechanism is being established to enhance food safety awareness, with ongoing training for merchants to improve their food safety management levels [3] - The bureau encourages community engagement and media involvement in social supervision, promoting public reporting of counterfeit and inferior food products [3]

关于 2025 年第一季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 年第一季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 | 期初门店 | | 新开门店 | | 闭店 | | 期末门店 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 性质 | 门店数量 | 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 | | | | （家） | （㎡） | 量（家） | （㎡） | 量（家） | （㎡） | 量（家） | （㎡） | | 华东 地区 | 直营 | 497 | 24,275.87 | 4 | 93.70 | 11 | 475.03 | 490 | 23,894.54 | | 华东 ...

Core Insights - Hunan Mingming Hen Mang Commercial Chain Co., Ltd. has officially submitted its IPO application to the Hong Kong Stock Exchange, with Goldman Sachs and Huatai International as joint sponsors [1] - By the end of 2024, the company expects to achieve a retail sales volume (GMV) of 55.5 billion RMB and over 1.6 billion transactions, leading the "bulk sales model" in China [1][3] - As of December 31, 2024, the company will operate 14,394 stores across 28 provinces and all tiered cities in China, with approximately 58% located in county and town areas [1] Business Model and Growth - Mingming Hen Mang was formed by the merger of "Snacks Are Busy" and "Zhao Yiming Snacks" in November 2023, focusing on supply chain reconstruction and innovative product development [3] - The company has a total of 3,380 SKUs (stock-keeping units) by the end of 2024, with about 25% being customized products, enhancing product flexibility and consumer engagement [3] - The average SKU count per store is no less than 1,800, with a monthly introduction of 100 new products, creating a feedback loop that increases consumer loyalty [3] Financial Performance - Revenue figures for 2022, 2023, and 2024 are projected at 4.286 billion RMB, 10.295 billion RMB, and 39.344 billion RMB, respectively, with adjusted net profits of 81 million RMB, 235 million RMB, and 913 million RMB [5] - The revenue model is primarily based on product sales, with 99.5% of income derived from sales to franchise and direct stores, while franchise fees account for less than 0.5% [5] - The number of franchisees has grown from 994 in 2022 to 7,241 in 2024, indicating strong franchise growth and operational efficiency [5] Operational Efficiency - The company's gross margin has remained stable between 7.5% and 7.6% from 2022 to 2024, while the net profit margin has improved from 1.7% to 2.1% [7] - Mingming Hen Mang has optimized its supply chain by directly connecting with manufacturers, reducing inventory turnover days to 11.6 days, which allows for cost savings passed on to consumers and franchisees [7] - The company has implemented a fully digital ordering system and advanced warehouse and transportation management systems to enhance operational efficiency [7] Future Plans - The company plans to use the funds raised from the IPO primarily for store expansion and upgrades, supply chain optimization, and digitalization efforts to increase market penetration and meet diverse consumer needs [8]

按2024年休闲食品饮料GMV计算，鸣鸣很忙是中国最大的连锁零售商。 本文为IPO早知道原创 作者｜ Stone Jin 微信公众号｜ipozaozhidao 据 IPO早知道消息， 湖南鸣鸣很忙商业连锁股份有限公司 （以下简称 " 鸣鸣很忙 "）于2025年4 月28日正式向港交所递交招股说明书，拟主板挂牌上市，高盛和华泰国际担任联席保荐人。 创立于 2017年 的 "零食很忙" 同起步于 2019年的" 赵一鸣零食 " 在 2023年11月完成合并，整 合为 今天的 "鸣鸣很忙 集团 "。根据弗若斯特沙利文报告，在中国，鸣鸣很忙是消费者对于 休闲 食品饮料专卖店的首选品牌。 截至 2024年12月31日，鸣鸣很忙 的门店网络 由 14,394家门店构成，覆盖中国28个省份和所有 线级城市，且其中约58%的门店位于县城 和 乡镇。 2024年，鸣鸣很忙 的 GMV 为 555亿元。根 据弗若斯特沙利文 的 报告，按 2024年 休闲 食品饮料 GMV 计算 ，鸣鸣很忙是中国最大的连锁零 售商 ；按 2024年食品饮料GMV 计算 ，鸣鸣很忙亦 为 中国第四大连锁零售商 ，并保持高速增 长。 具体来讲，鸣鸣很 ...

Core Viewpoint - The company, Guoquan, reported a steady growth in its 2024 annual performance, with revenue reaching 6.47 billion yuan, a year-on-year increase of 6.2% [1] Financial Performance - In 2024, Guoquan achieved a gross profit of 1.417 billion yuan, reflecting a 4.9% year-on-year growth, with a gross margin of 21.9% [1] - The core operating profit was 311 million yuan, up 3.1% year-on-year [1] - Cash reserves increased by 9.8% from 1.936 billion yuan at the end of 2023 to 2.125 billion yuan, while the debt ratio decreased to 3.2% [1] - The company announced a significant increase in shareholder dividends by 39.8%, totaling approximately 200 million yuan [1] Operational Highlights - Guoquan's store count reached 10,150 by December 31, 2024, maintaining a scale above 10,000 stores, supported by the "seedling plan" initiated in the second half of 2023 [1] - The company launched new upgraded store types targeting township markets, adding 287 new township stores throughout the year [2] Online and Membership Growth - Guoquan's exposure through Douyin (TikTok) reached 6.21 billion times in 2024, with the "99 yuan free hot pot set" generating over 500 million yuan in sales [2] - The registered membership count grew by 48.2% to 41.3 million by December 31, 2024, with prepaid card deposits increasing by 36.6% to 990 million yuan [2] Supply Chain Enhancements - The company strengthened vertical integration in its supply chain, adding three new food production factories, doubling the total to six [2] - The proportion of products sold from self-owned factories increased to 20% [2] - Inventory turnover days decreased by 25% compared to 2023, aided by partnerships with logistics providers and a network of 18 digital central warehouses [2] Future Development Plans - Guoquan aims to consolidate its advantages by expanding its sales network and targeting lower-tier markets, with a goal of reaching 20,000 stores in five years [3] - The company plans to enhance its membership ecosystem and leverage IP to improve brand reach [3] - There are intentions to innovate sales channels, including the development of instant retail and smart retail networks using IoT, big data, and AI technologies [4] International Expansion - Guoquan intends to explore overseas markets, particularly in Hong Kong and Southeast Asia, by establishing a new paradigm for Chinese food supply chains abroad [4]

通过门店精益化运营、强化供应链等手段，不断夯实自身业务基本面。 本文为IPO早知道原创 作者｜ Stone Jin 微信公众号｜ipozaozhidao 从线下端来看，锅圈在乡镇市场取得了突破式进展。财报提到，锅圈推出的面向乡镇市场的升级店型 ——新乡镇门店可以更好地满足乡镇市场消费者需求，全年净增新乡镇门店287家。这一成果验证了 下沉市场的消费潜力，进一步巩固了锅圈的全国化布局优势，成为其进一步布局下沉市场的重要战略 动作。 锅圈董事长杨明超曾表示，锅圈在未来 5年门店总量要达到两万家。新乡镇店将成为达成这 一目标的突破口之一 。 从线上端来看，锅圈在 2024年通过多层级的抖音账号进行锅圈产品的消费者触达，全年通过抖音渠 道的曝光量达到62.1亿次。其5月底开始推出的"99元毛肚自由火锅套餐"通过抖音等线上渠道引爆 销量，全年累计销售额超过5亿元，成为2024年的现象级单品。 在线上渠道开拓顺利的基础上，锅圈的 "会员工程"进展顺利，带动了会员数量的大幅增长和黏性显 著提升。截至2024年12月31日，锅圈的注册会员数4130万，同比增长48.2%。 此外， 锅圈在 2024年加强了产业端垂直整合的力度 ...

回家后3-4个小时麻药逐渐退了，手臂隐隐有点疼，不严重，可以忍，我试了一下只要不用力，像吃饭、键盘打字问题不大，但是我每天最爱的节目：挖 冰淇淋吃无奈暂停了，我试过右手扶桶左手挖，很难受，算了。 周五要去医院拆线换药，14天不能碰水，半个月后应该就差不多好了。 …… 先给昨晚的内容做一个更新，我不是说想测试一下风格轮动的模型嘛，就是大盘股指和小盘股指，统计过去20交易日的表现，谁强势就切换到谁的etf， 看看能不能适应目前市场的表现。 我今天上午去做完手术了，就是之前说的小臂上有两个脂肪瘤，约了个门诊手术给切了。进去躺在手术台上的时候紧张的一批，医生给我打麻药的时候浑 身发抖，麻药很疼，但很快手臂就没感觉了。医生在切的时候我隐约觉的他像是在一个木板上磨刀，我好奇心很重，但更怕看到自己皮开肉绽的样子，全 程不敢看。 过了一会医生缝完线了，给我一层一层的包扎起来，护士指着盘子里的一堆碎肉跟我说这是切下来的，我默默看了一眼，莫名...有点暗爽？网上很多人喜 欢拍照纪念，我换衣服的时候忘带手机了。 炒a股，20日线就是很管用，线下卖出，线上买入，就这么简单粗暴的规则，会让你获得翻天覆地的收益变化。但这套模型的交易胜率 ...