Core Viewpoint - The company reported a revenue of RMB 10.451 billion for the six months ending June 30, 2025, representing a year-on-year increase of 4.72% but incurred a loss attributable to shareholders of RMB 70.091 million compared to a profit of RMB 47.433 million in the same period last year, resulting in a loss per share of RMB 0.26 [1] Group 1 - The company operates a sales network consisting of franchise and self-operated stores to sell products to consumers [1] - As of June 30, 2025, the company has established a physical sales network covering 2,733 stores, including 2,704 franchise stores and 29 self-operated stores [1] - The company is continuously expanding its online sales platform to broaden consumer reach and establish long-term connections between the brand and consumers [1]