Core Insights - The opening of two new upgraded stores, Binhai Wuyue and Ninghe Wuyue, marks a significant expansion of Wumart's presence in Tianjin, bringing the total number of upgraded stores in the city to seven, enhancing the regional service network [1][11] - The stores feature a modern shopping environment with spacious layouts and customer-friendly designs, aimed at providing a comfortable shopping experience [1][7] - Wumart has implemented a high-standard product selection strategy, replacing 70% of old products and aligning the product structure closely with the standards of the popular brand Pang Dong Lai [3][5] Product and Service Enhancements - The new stores offer over 10,000 products, with a focus on "warm food supply" as the weather cools, including a significant expansion of the ready-to-eat section [3][11] - Local partnerships have been established to feature traditional Tianjin products, enhancing the unique shopping experience [5] - Upgraded convenience services include a one-stop service desk, free drinking water, and facilities for customer comfort, such as resting areas and pet storage [7][9] Employee Welfare and Customer Experience - Employee salaries have increased by 30% to 50% post-renovation, with benefits including paid annual leave and profit-sharing, contributing to improved customer service [9][11] - The positive cycle of employee satisfaction leading to enhanced service quality is highlighted as a key factor in customer retention [9] - The stores are strategically located in core commercial complexes, facilitating a combined shopping and leisure experience for local residents [11][12] Future Developments - Wumart plans to continue its expansion with the opening of the first AI-enabled retail store in Xiqing District on October 28, further enhancing the quality of shopping services in Tianjin [11][12]

Core Insights - The opening of the Meijiang store marks the debut of Wumart's first "Learning from Pang Donglai" store in Tianjin's Hexi District, enhancing the shopping experience with higher quality products and AI-enabled services, thus invigorating the holiday consumption market [1][4] Group 1: Store Location and Community Impact - The Meijiang store is strategically located in a core residential area of Hexi, surrounded by mature communities, youth apartments, schools, and office clusters, indicating strong consumer potential [4] - Wumart aims to leverage the store's location to efficiently meet the daily purchasing needs of local residents and attract leisure consumers from surrounding commercial areas, integrating "warm retail" into the lives of Hexi residents [4] Group 2: Product Offering and Strategy - The Meijiang store features over 10,000 products, with 70% being newly introduced items, aligning its product selection strategy closely with that of Pang Donglai, achieving an 80% similarity in overall product structure [6] - The product range includes beautifully packaged mooncakes, beverages, health products, snacks, fresh produce, and high-end seafood, catering to both everyday consumption and festive needs [9] - The store incorporates local flavors by introducing well-known Tianjin specialties, such as Guifaxiang fried dough twists and Haihe Tianjinwei yogurt, blending "hometown taste" with freshness [9]

Meeting Overview - The fifth meeting of the supervisory board of Tianjin Guifaxiang Eighteen Street Mahua Food Co., Ltd. was held on August 8, 2025, combining in-person and remote attendance [1] - All five supervisors attended the meeting, with one participating via remote voting [1] Meeting Resolutions - The supervisory board approved the procedures for the preparation and review of the company's 2025 semi-annual report and its summary, confirming compliance with legal and regulatory requirements [1][2] - The report was deemed to accurately reflect the company's actual situation without any false records, misleading statements, or significant omissions [1][2] Financial and Operational Status - There were no non-operational fund occupations by the controlling shareholder or related parties during the reporting period [2] - The only operational interaction with the controlling shareholder involved prepaid rent, and non-operational interactions with wholly-owned subsidiaries were for advance payments [2] - The company did not provide guarantees to any legal or non-legal entities or individuals during the reporting period, with actual guarantee amounts and approved guarantee limits both being zero [2]