Group 1 - The company, Shuyi Shao Xian Cao, once held a strong position in the new-style tea beverage industry, ranking second after Mixue Ice City [1] - The company expanded aggressively, opening 7,000 stores, but is now facing significant challenges with a large number of store closures [1] - The company is struggling to recover its second-hand equipment, which is now being sold as scrap metal, indicating a severe decline in its operational viability [1]