□本报记者 耿欣 （来源：内蒙古日报） 转自：内蒙古日报 李师傅介绍，要想蒸出一笼暖心暖胃的烧卖，每日凌晨三点便要开始备料：四子王旗羊肉去筋剁馅，山 西陈醋提鲜，托县辣椒增香，青砖茶的配比也要斟酌，就连泡茶的水温都要恰到好处。正是这份凝结非 遗技艺的坚守，让烧卖成为内蒙古远近闻名的地标美食。 第一次从张家口市来内蒙古过年的张爱兰一家，对眼前隆重的场景感到既新鲜又震撼，情不自禁地和着 歌声鼓起掌来，客人切下第一刀后，一家人便围坐一桌，共享这道草原待客的顶级佳肴，欢声笑语间尽 显阖家欢乐。 除了招牌烤全羊外，桌上还搭配传统咸奶茶、奶皮子、奶豆腐、手把肉、炒米等经典美食。奶茶的醇厚 伴着奶食的香甜，与肉食风味相得益彰。 "第一次回内蒙古老家过年，让我们真切体会到草原的魅力，和亲人们齐聚一堂共享家乡美味，是这个 春节最温馨的时刻。"张爱兰语气中满是感动地说。 专程乘高铁从银川市来内蒙古旅行过年的胡先生一家，在游览时循香而至："这烧卖皮薄馅足、汁鲜味 浓，配上一壶青砖茶，解腻爽口，让人顿时感到身心放松。"来自太原市的张女士则赞叹："吃惯了山西 的面食，今天尝到内蒙古的烧卖，口感独特，真是别有一番风味！" 节日里的内蒙古 ...

Core Viewpoint - The Chinese New Year celebrations in Panama have evolved into a significant cultural event that attracts not only the Chinese community but also a growing number of local Panamanians and tourists, reflecting the integration of Chinese culture into the broader Panamanian society [2]. Group 1: Cultural Significance - The celebrations traditionally begin at the Guandi Temple, which has been a central location for the Chinese community since its establishment in 1898 [2]. - The event features traditional performances such as dragon and lion dances, which are embraced by both the Chinese and local Panamanian communities [2]. Group 2: Community Participation - Local Panamanians, including families and children, actively participate in the celebrations, indicating a growing appreciation for Chinese culture [2]. - Visitors from other countries, such as Colombia, are also drawn to the festivities, showcasing the event's appeal beyond the local community [2]. Group 3: Personal Connections - Individuals from the local community express personal connections to the celebrations, with some stating that participating in the events has become a family tradition [2]. - Young members of the Chinese community, such as 17-year-old Eric, find a sense of belonging and cultural identity through their involvement in traditional performances [2].

转自：草原云 节日里的内蒙古，年味随着炊烟一起升腾，各地年货市集、时尚街区、文旅景区同步上线特色美食品鉴 活动，烤全羊、手把肉、托县炖鱼、传统奶茶等轮番登场，非遗美食、老字号小吃店内宾客盈门，全区 民众与八方游客在舌尖上解锁内蒙古春节的地道年味。 选购内蒙古美食。 2月18日，锡林浩特市一家蒙餐饭店内，随着一曲悠扬的《祝酒歌》响起，服务员缓缓推开包间房门， 一只头上系着红绸花结、色泽金黄油亮的烤全羊便缓缓推到宾客面前。 第一次从张家口市来内蒙古过年的张爱兰一家，对眼前隆重的场景感到既新鲜又震撼，情不自禁地和着 歌声鼓起掌来。客人切下第一刀后，一家人便围坐一桌共享这道草原待客的顶级佳肴，欢声笑语间尽显 阖家欢乐。 让八方游客翘首以盼的，不仅有原汁原味的烤全羊，还有一笼号称"没吃等于白来草原城"的烧卖。 走进呼和浩特烧卖第一街，随意推开一家烧卖店的门，浓郁的香气扑面而来。"我们这烧卖讲究'三 绝'——皮薄如纸不破，馅嫩多汁不腻，褶皱藏香不散。"正说着，只见李师傅左手托着一张圆形面皮， 右手将馅料置于其中，左手再一转一捏，一枚形如石榴的烧卖便包好放入蒸笼。 李师傅介绍，要想蒸出一笼暖心暖胃的烧卖，每日凌晨三点便要开 ...

Core Viewpoint - The article highlights the vibrant atmosphere of the Kuangxiangzi Food Street in Hohhot, Inner Mongolia, during the Spring Festival, showcasing its rich culinary heritage and the increasing popularity of traditional foods among both locals and tourists [3][4][5]. Group 1: Cultural and Culinary Significance - Kuangxiangzi Food Street, with over a century of history, serves as a cultural and culinary landmark in the Hui District, featuring a variety of traditional food shops that evoke local memories [3]. - The street is home to renowned shops such as "Yang Laoda Baked Bread" and "Sha Da Smoked Chicken," which are integral to the local food culture and attract significant foot traffic during the festive season [3][4]. Group 2: Economic Impact and Growth - The popularity of the food street has led to a notable increase in online orders, with a reported 30% rise compared to the previous year, indicating a growing market for traditional foods beyond local consumers [4]. - By 2025, the integration of agriculture, culture, tourism, and commerce in the Hui District is projected to result in 13.5 million annual visitors and a total tourism revenue of 9.4 billion yuan [5].

Core Viewpoint - The article explores the concept of "Becoming Chinese" through the lens of daily life in Guangdong, emphasizing the cultural significance of tea and its integration into various aspects of life [2][3][38]. Group 1: Tea Culture in Guangdong - Tea in Guangdong is not merely a beverage but a vital part of daily rituals, reflecting a lifestyle that values leisure and enjoyment [4][10]. - The experience of drinking tea, such as "一盅两件," is characterized by a relaxed atmosphere, where various types of tea and dim sum are enjoyed together [8][12]. Group 2: Culinary Pairings and Health Benefits - After a hearty meal, tea is consumed to aid digestion, with options like Phoenix Dan Cong and aged Pu-erh being highlighted for their rich flavors and health benefits [16][19]. - Traditional snacks like green bean cakes and fermented bean curd biscuits complement the tea, enhancing the overall tasting experience [17][20]. Group 3: Modern Tea Trends - The afternoon tea culture in Guangdong has evolved, with younger generations embracing new tea drinks, showcasing innovation and creativity in the beverage industry [22][24]. - The fusion of Eastern and Western tea traditions is evident in experiences like "British afternoon tea," which incorporates local delicacies and porcelain, reflecting Guangdong's historical trade connections [26][34]. Group 4: Cultural Significance - The article emphasizes that tea culture in Guangdong transcends regional boundaries, serving as a cultural bridge between local and global communities [36][38].

Core Insights - The Zhejiang Agricultural Expo has seen a significant rise in live streaming sales, with over 100 hosts participating daily, generating more than 20 million yuan in total sales during the event [6][8] - The event has become a hotspot for both professional and amateur streamers, showcasing a blend of traditional agricultural products and modern e-commerce strategies [7][9] Group 1: Live Streaming Dynamics - A dedicated e-commerce live streaming area was established at the expo, where hosts began broadcasting as early as 8:30 AM, showcasing products to millions of online viewers [6] - A team from Wuhan achieved over 600,000 yuan in sales in a single day, selling more than 10,000 orders, with peak online viewers exceeding 3,000 [6] - The overall live streaming sales during the expo reached over 20 million yuan, with a user reach of over 300 million [6][8] Group 2: Participation of Amateur Hosts - Many exhibitors, including family-run businesses, have started to engage in live streaming, with one example being a couple who have been in the rice cake business for over 30 years [7] - The daughter of a rice cake vendor, who is preparing to study abroad, took on the role of a live streamer, significantly boosting their online sales [8] - The "Nut Couple" from Lishui has also successfully utilized live streaming, achieving daily sales of 70,000 yuan and expanding their product offerings [9][10] Group 3: Market Trends and Consumer Engagement - The expo has highlighted a shift in marketing strategies, with many exhibitors recognizing the importance of online presence and live streaming as a vital sales channel [9][10] - The integration of live streaming into traditional sales methods has proven effective, with many vendors reporting increased sales and customer engagement [9][10] - The competitive nature of the live streaming environment has encouraged exhibitors to optimize their product offerings and marketing techniques [8][9]

Core Viewpoint - The "Zhenpin" food brand from Shanwei has gained significant attention at the 2025 Shenzhen Food Expo, showcasing a variety of local delicacies and enhancing the market presence of Shanwei products [3][4][19]. Group 1: Event Overview - The 2025 Global High-end Food and Quality Agricultural Products Expo took place from October 22 to 24, 2025, in Shenzhen [2]. - The Shanwei exhibition area attracted large crowds, featuring a diverse array of local foods such as sweet potato vermicelli, dumplings, and beef jerky [3][6]. Group 2: Product Highlights - Popular products included various types of dumplings and snacks, with some vendors selling out on the first day and requiring restocking [7][10]. - The exhibition featured unique offerings like spicy sweet potato vermicelli and nourishing garlic soup, which appealed to visitors [10][11]. - Shanwei's beef products, such as beef balls and beef jerky, were particularly well-received, showcasing local culinary traditions [15][16]. Group 3: Brand Development - "Zhenpin" is a city brand developed by the Shenzhen government to promote food safety and quality, aligning with international standards [19][20]. - Since 2023, Shanwei has implemented a reward system for "Zhenpin" products, providing financial incentives to local producers, with a total of 47 products developed and 1.45 million yuan in subsidies distributed [23][25]. - The initiative has positioned Shanwei as a leader in the Guangdong province, particularly in the eastern and northern regions [26]. Group 4: Market Expansion - The Shanwei government aims to deepen collaborations with Shenzhen's retail chains, e-commerce platforms, and restaurants to expand the reach of Shanwei products [28][30]. - The "Zhenpin" initiative has significantly enhanced the market influence and brand competitiveness of Shanwei products, facilitating their entry into broader markets [30][31].

Group 1 - The tourism market in Hohhot is experiencing significant growth due to its unique natural scenery and rich cultural heritage, attracting a large number of visitors during the peak season [1][5] - Various tourism resources, such as the Chulu Ranch, are drawing crowds, with local businesses benefiting from increased foot traffic and sales [2][3] - Local food and cultural events, including concerts and food festivals, are enhancing visitor experiences and driving up food-related sales in the area [4][5] Group 2 - Local businesses, including photography studios and ethnic clothing rentals, are capitalizing on the influx of tourists, with some reporting daily customer volumes of around 10 groups for photo shoots [2][3] - The demand for local specialties, such as beef jerky and ethnic handicrafts, is high, with some stores experiencing long queues and frequent restocking [2][3] - The overall increase in tourist numbers and total tourism revenue indicates a robust recovery and growth in the tourism sector in Hohhot [5]

Core Viewpoint - The company is experiencing pressure on its operations due to a challenging external consumption environment, leading to a downward revision of profit forecasts for 2025-2026, while maintaining a "buy" rating based on expected recovery in the future [4] Revenue and Profitability - In 2024, the company's revenue and net profit attributable to shareholders were 1.87 billion and 80 million respectively, showing a year-on-year decline of 1.7% and 37.7% [1] - For Q4 2024, revenue and net profit attributable to shareholders were 500 million and 2 million respectively, with year-on-year declines of 11.9% and 94.7% [1] - In Q1 2025, revenue and net profit attributable to shareholders were 470 million and 20 million respectively, reflecting a year-on-year increase of 1.5% but a decline of 38.0% in net profit [1] Channel Performance - In 2024, revenue from distribution and direct sales channels decreased by 6.0% and increased by 4.3% respectively, influenced by economic conditions and competition in the restaurant market [1][2] - The company’s revenue from major product categories in 2024 included staple foods (910 million, -6.9%), snacks (440 million, -13.8%), baked goods (370 million, 0.0%), and frozen prepared dishes (140 million, +273.4%) [2] - The company maintained market leadership in fried products, while the pre-prepared dishes category showed significant growth [2] Profit Margin and Costs - The company's net profit margin decreased by 2.6 percentage points in 2024 and by 2.9 percentage points in Q1 2025, with a gross margin of 23.7% in 2024, remaining relatively stable [3] - Sales expense ratio increased by 0.7 percentage points to 5.4% in 2024, reflecting increased marketing efforts to cope with market competition [3] - Management expense ratio rose by 1.2 percentage points to 9.7% in 2024, indicating higher operational costs [3] Future Outlook - The company anticipates improvement in operations with a potential recovery in restaurant demand, maintaining a "buy" rating despite the current challenges [4] - The earnings per share (EPS) forecasts for 2025 and 2026 have been revised down to 0.91 and 1.05 respectively, with an introduction of a 2027 EPS forecast of 1.14 [4] - The target price is set at 29.40, based on a 28x price-to-earnings ratio for 2026, reflecting a decrease from the previous target of 35.11 [4]