Core Viewpoint - The company "Quality Yonghui" has issued an open letter to "Sam's MM," advocating for fair competition and quality co-construction in the retail industry, emphasizing the need to resist low-quality competition and promote overall industry progress [1][4]. Group 1: Seven Joint Initiatives - The first initiative is to avoid forcing suppliers into a "choose one" situation, promoting fair competition and allowing suppliers to collaborate with multiple partners [2][4]. - The second initiative focuses on enhancing product quality through superior raw materials, scientific formulations, advanced processes, and aesthetically pleasing designs and packaging [2][5]. - The third initiative emphasizes the importance of clean formulations, with the company committing to annually disclose ingredient lists and additive usage, advocating for transparency in product safety [2][6]. - The fourth initiative aims to offer excellent price-quality ratios, encouraging customers to choose based on quality at the same price point, thereby creating greater value [2][7]. - The fifth initiative is about employee empowerment, ensuring fair compensation, ample vacation, professional development, and a strong ethical foundation [2][8]. - The sixth initiative promotes Environmental, Social, and Governance (ESG) practices, focusing on systematic thinking, forward-looking strategies, and efficient innovation for societal and environmental well-being [2][8]. - The seventh initiative highlights the need for continuous innovation, with the company aspiring to learn from industry leaders like Sam's and Kirkland to enhance product offerings [2][9].

Core Viewpoint - The letter from Yonghui Supermarket's private brand "Quality Yonghui" emphasizes the importance of fair competition and calls on Sam's Club to refrain from forcing suppliers into a "choose one" scenario, advocating for a focus on quality and ethical business practices [1][4]. Group 1: Quality Improvement - The company aims to enhance product quality by selecting superior raw materials, employing scientific formulas, utilizing advanced processes, and improving design and packaging aesthetics [5]. - Transparency in ingredient usage is a priority, with the company committing to publish ingredient lists and additive usage annually, urging Sam's Club to adopt similar standards for safer and healthier products [6]. Group 2: Pricing Strategy - The fundamental principle of private brands is to win customers through exceptional quality-to-price ratios, emphasizing that for the same quality, price should be the determining factor, and for the same price, quality should prevail [7]. Group 3: Employee Development - Employees are viewed as essential partners in the private brand's success, with a focus on providing reasonable salaries, ample vacation, professional training, and a supportive work environment, while maintaining strict ethical standards [8].