Group 1: Pre-prepared Dishes in Chinese Cuisine - The article discusses the evolution of Chinese cuisine with a focus on pre-prepared dishes, highlighting the ongoing debate about their impact on traditional cooking methods [3][5]. - There is a significant divide regarding the standardization of flavors and industrialization of food preparation, raising questions about whether this is the only path for modernizing Chinese cuisine [5][9]. - The definition of pre-prepared dishes is a central point of contention in the current discussions surrounding this topic [7]. Group 2: Consumer Awareness and Food Safety - A robust food safety system is essential for building consensus between operators and consumers regarding pre-prepared dishes [9]. - There is a growing demand for transparency and consumer rights in the context of pre-prepared dishes, as the "rules of the game" remain unclear [11]. - The challenge of replicating the authentic taste of traditional dishes remains a significant hurdle for pre-prepared food technology [13].

Core Viewpoint - The recent shortage of lemon water at Mixue Ice City highlights significant risks within the industry, primarily due to rising lemon prices and supply chain vulnerabilities [1][5][11]. Group 1: Supply Chain and Pricing Issues - The average wholesale price of lemons in China has nearly doubled compared to the same period last year, reaching 15 RMB per kilogram as of September 17, 2025 [3]. - Mixue Ice City sells over 1 billion cups of its lemon water annually, generating approximately 4 billion RMB in sales, which constitutes 13% of the company's revenue for the first half of 2025 [5]. - The company has invested in its supply chain by controlling over 50% of high-quality fresh fruit resources in key lemon-producing areas, but this concentration has amplified risks when faced with climate disasters and global supply chain disruptions [8][11]. Group 2: Climate Impact and Global Supply Chain - Major lemon-producing regions in China, particularly Sichuan and Chongqing, have faced severe droughts and high temperatures, leading to expected reductions in lemon supply by 50-60% [8]. - Global supply chain issues, including adverse weather in other lemon-producing countries, are projected to decrease global lemon supply by 6% [8][10]. Group 3: Competitive Landscape and Risk Management - Other tea brands have successfully mitigated the lemon crisis by diversifying their sourcing strategies and using alternative lemon varieties that are less affected by climate issues [15]. - Brands like Starbucks and CoCo utilize a global sourcing model to minimize risks associated with local supply disruptions, while Mixue's low-price strategy has constrained its ability to pass on rising costs to consumers [15][19]. - The crisis underscores the vulnerability of Mixue's concentrated capital model, contrasting with competitors who have adopted more resilient supply chain strategies [20].

Core Viewpoint - The recent shortage of lemon water at Mixue Ice City highlights significant risks within the industry, particularly related to supply chain vulnerabilities and reliance on single-source raw materials [2][6][21]. Group 1: Supply Chain Issues - Multiple stores of Mixue Ice City have reported unavailability of lemon water, with staff confirming that the product is out of stock and expected to remain so for several days [2]. - The shortage is attributed to a sharp increase in lemon prices, with the average wholesale price reaching 15 RMB per kilogram, nearly doubling compared to the same period last year [4]. - Mixue Ice City has a significant dependency on lemons from specific regions, with over 70% of its supply sourced from Sichuan and Chongqing, making it vulnerable to climate-related disruptions [12]. Group 2: Financial Impact - The ice-fresh lemon water is a key product for Mixue Ice City, with annual sales exceeding 1 billion cups, translating to a revenue of approximately 4 billion RMB, which constitutes 13% of the company's total revenue of 14.87 billion RMB for the first half of 2025 [6][9]. - The company's low-price strategy, exemplified by the 4 RMB price point for lemon water, has pressured its supply chain, making it difficult to absorb rising costs when supply shortages occur [14][20]. Group 3: Competitive Landscape - Other tea brands have managed to avoid similar shortages by diversifying their supply sources and utilizing different lemon varieties that are less susceptible to climate impacts [16]. - Brands like Heytea and Starbucks employ global sourcing strategies and local processing to mitigate risks associated with supply chain disruptions [18]. - The contrasting business models and capital structures of competitors allow them to maintain higher profit margins, enabling them to better manage cost increases compared to Mixue Ice City, which has a lower gross profit margin of 31.6% [20]. Group 4: Broader Industry Implications - The lemon crisis reflects a broader conflict between capital concentration and diverse consumer demands, revealing the fragility of Mixue Ice City's single-capital model [21]. - The future of the tea beverage industry may shift from mere store expansion to a focus on controlling the entire supply chain, including cultivation and processing [21].

21世纪经济报道记者贺泓源、实习生李音桦 蜜雪冰城的拳头产品柠檬水陷入供应危机。 据河南日报旗下顶端新闻，在蜜雪冰城的大本营郑州，有门店的黄柠檬只剩两个。也有店长表示，后台 系统显示订不到黄柠檬，店里柠檬所剩无几，只能向其他店借货。 另据多家媒体报道，在上海、长沙等地，也出现了蜜雪冰城柠檬水紧缺状况。 事实上，如此情形早有痕迹。 据21世纪经济报道记者了解，早在今年5月，蜜雪冰城内部就在讨论柠檬短缺下的柠檬水供应问题。 目前，大量进口柠檬即将到港，储存的柠檬也经过评测满足使用标准，陆续下发门店，柠檬缺货情况将 很快恢复。 但长期来看不一定。 客观上，气候变化下，柠檬产量走向相对波动。 上海辉展果蔬市场披露，今年柠檬市场异常波动，本质上是气候危机在全球农产品供应链的集中投射。 四川安岳作为占全国80%产量的核心产区，遭遇了霜冻、干旱、土壤板结的"三重暴击"，减产幅度达 30%-60%。与此同时，国际柠檬主产区同样陷入困境：西班牙因干旱减产25%，土耳其出口量骤降 40%。在供应端收缩的同时，需求端却呈现出多重增长极：夏季气温攀升直接带动茶饮店柠檬采购量环 比增长200%，头部品牌单店日消耗量突破50公斤。 由此 ...

热门综艺《一饭封神》上周刚刚收官，节目中斩获亚军的"人气主厨"杨艳彬，其首个联名饮品一经上市 便热销了近90万杯。 据悉，此次联名是杨艳彬与新茶饮头部品牌茶百道合作，推出主打"浓奶茶"的咸法酪系列饮品——"宫 廷咸法酪"和"千目咸法酪"。 记者发现，这不仅是杨艳彬在《一饭封神》后的首次联名，更是作为米其林年轻厨师的他第一次与新茶 饮品牌跨界合作。品尝过的网友纷纷表示，"就像在喝一块入口即化的轻乳酪蛋糕""没想到有一天在茶 百道也能喝到米其林大厨做的饮品"。 杨艳彬告诉记者："从后厨到茶饮店，我把对甜品的理解做进了这杯茶里。特调的咸香奶酪，叠加高品 质的茶底，一口下去，层次丰富，特别推荐给大家尝尝，希望消费者会喜欢这种新奇又高级的味 道。"他还分享了自己的推荐喝法：先品奶盖，感受芝香，再用吸管搅拌，品尝奶酪与茶底的融合风 味，一口入魂。 在谈及此次与茶百道"结缘"的原因时，杨艳彬表示："作为主厨，我一直想打破传统甜品的边界，把更 轻盈、更有层次的风味带给大家。感谢茶百道团队的信任，让这次的创意得以实现。"此外，网友还扒 出了茶百道和杨艳彬更多的"隐藏缘分"，原来两者不仅都是从成都起步的 "创业老乡"，在杨艳彬的 ...

Core Viewpoint - The supply of fresh lemon water at some Mixue Bingcheng stores in Shanghai is returning to normal after a recent shortage caused by weather-related delays in lemon imports and local harvesting issues [2][4]. Group 1: Supply Chain and Pricing - A recent shortage of lemons was reported in multiple Mixue Bingcheng stores, but as of September 23, most locations have resumed normal supply levels [2]. - The national wholesale average price of lemons reached 14.98 yuan per kilogram as of September 22, nearly doubling from 7.87 yuan per kilogram a year earlier [3]. - The lemon market is experiencing significant fluctuations due to climate crises affecting global agricultural supply chains, with major production areas like Sichuan facing a 30%-60% reduction in output [4]. Group 2: Demand and Financial Performance - The demand for lemons has surged, with tea shops increasing their lemon purchases by 200% due to rising summer temperatures, leading to daily consumption rates exceeding 50 kilograms at top brands [4]. - Despite the rising costs of raw materials, Mixue Bingcheng has not increased the price of its fresh lemon water, which poses challenges for cost control [4]. - Mixue Bingcheng reported a revenue of 14.87 billion yuan in the first half of the year, a year-on-year increase of 39.3%, and a net profit of 2.72 billion yuan, up 44.1% [6]. Group 3: Profit Margins - The gross profit margin of Mixue Bingcheng is relatively moderate, ranging between 29%-31% over the past two years, reflecting its focus on cost-effectiveness [5]. - The gross margin for the 5 yuan fresh lemon water is expected to be slightly lower than that of other higher-priced products [5].

Investment Dynamics - Finnish startup Perfat Technologies raised 20.879 million RMB in Series A funding, led by Newtree Impact and Beyond Impact. The company has developed a plant oil conversion technology that transforms liquid oils into solid functional fats, reducing fat content by 80% and calories by 30% compared to traditional fats, while adding dietary fiber [3] - McDonald's plans to invest 200 million USD (approximately 1.4 billion RMB) in regenerative agriculture practices across U.S. ranches over the next seven years, covering 4 million acres across 38 states. This is the largest investment by McDonald's in the U.S. to support regenerative agriculture [5] - M Stand acquired Shanghai restaurant brand RAC BAR, which was established in 2017 and operates several locations in Shanghai. The acquisition allows RAC BAR to maintain independent operations at its original location [8][9] - Regal Food, a UK baking manufacturer, acquired soft drink brand Suncrest, known for its tropical fruit-flavored beverages. This acquisition aims to expand Regal Food's beverage product portfolio and create new growth opportunities in the UK and international markets [10][12] - Saks Global is negotiating to sell 49% of its luxury department store Bergdorf Goodman for approximately 1 billion USD. The sale could help stabilize Saks Global's financial situation, which is burdened by over 4 billion USD in debt [13][15] - Winland Foods and La Doria merged to create a new food manufacturing entity valued at 4 billion USD, named Windoria. The merger aims to enhance product offerings and strengthen the supply chain for retailers and food distributors globally [18] - SPC has reached a cooperation agreement with Fonterra to produce Fonterra brand products at its Carrum Downs factory for overseas markets. This partnership is expected to enhance the flexibility of regional supply chains in the dairy processing sector [21] - Nayuki Tea launched a pop-up store in Flushing, New York, attracting significant foot traffic in a Chinese community area. The store's location is strategically chosen due to lower rental costs compared to Manhattan and the presence of other Chinese tea brands [23] - Jean-Marc Bellaiche, former CEO of Printemps, will become the CEO of Sani/Ikos Group, a resort operator, starting January 1. His transition reflects a trend of fashion industry leaders moving into the hospitality sector [24] - Hema announced a major organizational restructuring, with CEO Yan Xiaolei also taking on the role of Chief Merchandise Officer (CMO) to enhance product development and supply chain management, aiming to strengthen Hema's competitive position in the fresh and instant retail market [28]

Core Viewpoint - The climate crisis has significantly impacted the supply and pricing of lemons, which are essential for the popular lemon water product at Mixue Ice City, leading to a doubling of wholesale prices compared to last year [1][2]. Supply Situation - After experiencing a "lemon shortage crisis," many Mixue Ice City stores in Shanghai have returned to normal supply levels for their lemon water [1]. - A recent check revealed that only one out of approximately 30 stores was out of stock, indicating a recovery in supply [1]. - The shortage was attributed to delays in imported lemons due to weather conditions and the harvesting schedule of domestic lemons, but overall lemon reserves remain sufficient [2]. Price Dynamics - As of September 22, the national average wholesale price of lemons reached 14.98 yuan per kilogram, nearly double the 7.87 yuan per kilogram from the previous year [2]. - The price surge is linked to adverse weather conditions affecting major lemon-producing regions, including a 30%-60% reduction in production in Sichuan and a 25% decrease in Spain [2]. Financial Performance - Despite the rising costs of raw materials, Mixue Ice City has not increased the price of its lemon water, which poses challenges for cost control [3]. - The company's gross margin has remained relatively stable, ranging from 29% to 31% over the past two years, which is considered average within the industry [3]. - In the first half of the year, Mixue Ice City reported revenues of 14.87 billion yuan, a year-on-year increase of 39.3%, and a net profit of 2.72 billion yuan, up 44.1% [4].

不过，当前奈雪的茶处境并不算轻松。其"出海"的积极进取，与国内市场的承压现状形成鲜明对比。 9月23日，茶咖日报的主要内容有： 奈雪的茶美国首店将开业，海外热捧难掩亏损困境 9月23日消息，新茶饮品牌奈雪的茶美国首店将于10月3日正式开业，标志着其全球化战略继泰国、新加 坡等东南亚市场后，又将落下关键一子。 在此前的9月20日，该品牌已经在美国纽约法拉盛王子街启动快闪活动，活动首日店外排队长龙蜿蜒至 街角，不少消费者提前1小时到场排队。现场不仅有在美华人特意驱车前来，更有外国路人被热闹氛围 吸引加入。 一方面，国内茶饮赛道竞争已进入白热化阶段，"价格战"成为常态，叠加消费分级趋势，定位较高的奈 雪的茶面临不小挑战。 今年上半年，该品牌收入为21.78亿元，较去年同期下降14.4%；经调整净亏损虽同比收窄73.1%，但仍 达到1.18亿元。 门店上，截至2025年6月30日，奈雪的茶在111个城市有1321家店，较去年底减少了132家，加盟门店也 从345家减少至317家。这意味着，今年上半年合计关店160家。 另一方面，海外市场虽空间广阔，却也暗礁遍布。美国市场对茶饮的接受度、高昂的运营和人力成本、 供应链本 ...

Group 1 - The company announced that Mr. Li Zhongcheng has resigned from his positions as Co-Company Secretary, Authorized Representative, and Legal Process Agent effective September 23, 2025 [1] - Following Mr. Li's resignation, Mr. Zou Xinglong has been appointed as Co-Company Secretary, Authorized Representative, and Legal Process Agent, also effective September 23, 2025 [1] - Mr. Xue Zenghui will continue to serve as another Co-Company Secretary [1]