Core Insights - JD Supermarket celebrated its 11th anniversary in Beijing, gathering over 400 representatives from the fast-moving consumer goods (FMCG) industry to discuss new trends and opportunities in retail [1] - Coca-Cola's collaboration with JD has lasted for 14 years, with JD being a crucial partner in understanding Chinese consumers and driving localized innovation [1] Group 1: Strategic Collaboration - Gilles Leclerc emphasized that the partnership will deepen in three areas: scenario marketing, data-driven strategies, and a comprehensive ecosystem [3] - In scenario marketing, the focus will be on creating impactful brand activities around major national events like the Spring Festival and FIFA, leveraging JD's PLUS membership system to enhance customer loyalty and repurchase rates [3] - The data-driven approach will utilize JD's real-time data insights and AI technology to predict consumer demand and improve business decision-making efficiency [3] Group 2: Ecosystem Development - The collaboration will extend beyond online retail into areas like instant delivery and dining, enhancing channel coverage and consumer reach [5] - Gilles Leclerc expressed confidence in JD Supermarket's user-centric approach and its retail innovation capabilities, aiming to provide consumers with a more convenient and personalized experience [6] - The deepened strategic cooperation between JD Supermarket and Coca-Cola sets a benchmark for collaboration between FMCG brands and retail platforms, promoting sustainable growth in a complex market environment [6]

Core Insights - The company reported a revenue of RMB 12.278 billion for the first half of 2025, representing an 8.3% year-on-year increase [1] - Adjusted EBITDA reached RMB 1.787 billion, up 6.2% compared to the previous year [1] - Profit attributable to shareholders was RMB 578 million, reflecting a 2.23% increase year-on-year, with earnings per share at 20.66 cents [1] Product and Market Performance - The company is authorized to operate Coca-Cola products across 19 provincial administrative regions, offering a diverse range of 10 categories and 25 brands [1] - Sales of Coca-Cola products continued to grow, with significant revenue acceleration compared to the overall market in mainland China, reinforcing the company's market leadership and competitive strength [1] - The smart retail business experienced rapid expansion, maintaining the top position in the industry during the reporting period [1] Future Outlook - The company aims to become a world-class food and beverage group, focusing on enhancing product pricing and developing non-Coca-Cola product lines, which also saw revenue growth during the year [1]