Group 1 - Meituan announced the complete cancellation of the "overtime penalty" for delivery riders by the end of 2025, addressing a major concern among the crowd-sourced riders [1] - The company has implemented a new system called "Anzhun Card" to replace the previous penalty system, which has been piloted in 22 cities and received positive feedback from riders and the public [1][2] - Meituan is shifting its management approach from punitive measures to positive incentives, focusing on training and learning instead of solely penalizing riders [1] Group 2 - The company has introduced fatigue prevention measures, including pop-up reminders after 8 hours of work and mandatory offline after 12 hours, with 18% of riders triggering the 8-hour reminder [2] - Meituan has launched a "safety score" system in over 100 cities to improve traffic safety among riders, resulting in a 26% reduction in traffic violations [2] - The company plans to enhance the reporting and appeal processes for riders using AI to improve efficiency and quality in problem resolution [2] Group 3 - In Q2, Meituan reported revenue of approximately 91.84 billion yuan, an increase of 11.7% year-on-year, while adjusted net profit decreased by 89% to approximately 1.493 billion yuan [3] - The core local commerce segment saw a revenue increase of 7.7% to 65.3 billion yuan, but operating profit dropped by 75.6% to 3.7 billion yuan due to irrational competition [3] - New business revenue grew by 22.8% to 26.5 billion yuan, with operating losses expanding by 43.1% to 1.9 billion yuan, although the operating loss rate improved by 3.1 percentage points [3]