陈佳勇 约莫二十年前，淮海中路627号还是雪豹商厦的时候，楼上开过一家西餐厅，那里的提拉米苏是我印象 中最好吃的提拉米苏。这话可能说得夸张了，但那时候，对于餐后甜品的认知多半还停留在酒酿圆子的 我们而言，有一款冷藏得恰到好处的甜品，名字也恰如其分地被用"提拉米苏"这四个字表述出来时，心 中确实沉淀了不少甜酥酥的感觉。 我大学毕业工作是在2003年，那会儿的上海餐饮江湖涌现了不少港式茶餐厅，冻鸳鸯、菠萝油以及麦兜 卡通形象，是我脑海中对港式茶餐厅的标准印象。也正因为港式茶餐厅和粤菜的流行，甜品里的一道杨 枝甘露逐渐为人所熟悉。直到今天，我仍旧坚守着一个标准：一顿饭没有甜品收尾是不完美的，如果众 口难调，那么拿杨枝甘露收尾一定是最稳妥的。杨枝甘露之所以能享有这样的霸主地位，其本身具备的 口感丰富性，决定了它的胜出优势。一份合格的杨枝甘露，西柚特有的水果颗粒感和西米的那种小细碎 是相互配合的，贯穿始终的精髓则是芒果的甜香，冷藏到略微有点冰后，口感最好。如果再在上面加一 个香草冰激凌，就是我喜欢的高配版杨枝甘露。就这么安安静静地坐着，用勺子一点一点挖着吃，那种 侵占口腔的绵密感就到顶了。与之相比，椰汁西米露作为餐后甜 ...

Core Viewpoint - The article discusses the potential dental health risks associated with consuming hot beverages during winter, emphasizing the importance of choosing the right drinks and maintaining oral hygiene to prevent tooth decay. Group 1: Risks of Hot Beverages - Hot drinks can create a sustained acidic environment in the mouth, leading to continuous acid production by bacteria, which can outpace the natural remineralization process of teeth [2] - Sticky ingredients in drinks like sesame paste and milk tea can adhere to teeth, providing a prolonged food source for bacteria [2] - Drinking excessively hot beverages (above 60°C) poses a risk of burns to the oral mucosa and has been classified as a potential carcinogen by the World Health Organization [2] Group 2: Healthier Drinking Habits - Recommended beverages include plain water, unsweetened tea, or black coffee, as they are less harmful to dental health compared to sugary drinks [3] - It is advised to keep the temperature of hot drinks below 50°C to avoid damage to teeth and oral tissues [3] - Consuming drinks quickly during meals and rinsing the mouth with water afterward can help minimize the time teeth are exposed to acidic environments [3] Group 3: Special Considerations for Different Age Groups - Children are particularly vulnerable to tooth decay from sugary drinks, and parents should limit their intake and ensure regular dental check-ups [3] - Elderly individuals may face increased dental challenges due to gum recession and reduced saliva production, necessitating diligent oral hygiene practices [3] - Individuals with braces should be especially careful to clean around orthodontic appliances to prevent food residue buildup [3]

Core Viewpoint - The company reported strong revenue growth and profitability in 2024 and Q1 2025, driven by its core oat business and expansion into new retail channels [1][2][3]. Financial Performance - In 2024, the company achieved revenue of 1.9 billion yuan, a year-on-year increase of 20.2%, and a net profit attributable to shareholders of 130 million yuan, up 15.4% [1]. - For Q1 2025, revenue reached 660 million yuan, reflecting a year-on-year growth of 15.9%, with a net profit of 60 million yuan, increasing by 21.2% [1]. Product Performance - The company's main oat products, including pure oat flakes, compound oat flakes, and cold oat products, generated revenues of 710 million, 850 million, 150 million, 140 million, and 50 million yuan respectively, with growth rates of 9.6%, 28.8%, 24.1%, 23.9%, and 25.3% [2]. - The "Oat+" series and the classic milk oat series each surpassed 200 million yuan in sales, with the "Oat+" series growing over 20% and the milk oat series over 30% year-on-year [2]. Channel Development - The company emphasized the development of direct sales channels, achieving revenue of 830 million yuan from direct sales, a year-on-year increase of 31.0% [2]. - Online sales, particularly through traditional e-commerce and social e-commerce platforms like Douyin, saw significant growth, with Douyin's GMV reaching 470 million yuan, up 20.3% year-on-year [2]. Cost and Profitability - The gross margin for 2024 was 41.3%, a decrease of 3.2 percentage points year-on-year, primarily due to rising raw material costs and low capacity utilization of new production facilities [3]. - The net profit margin for 2024 was 7.0%, down 0.3 percentage points year-on-year, but improved to 8.3% in Q1 2025, reflecting a 0.3 percentage point increase [3]. Strategic Expansion - The company is expanding its product range beyond oats, developing new products such as instant porridge, lotus root powder, sesame paste, and probiotic protein powder, while also pursuing strategic partnerships and acquisitions [3][4]. - The company is actively embracing new retail channels, including snack wholesale, Douyin e-commerce, and membership stores, leading to rapid growth [4]. Market Outlook - The company forecasts net profits of 180 million, 230 million, and 280 million yuan for 2025-2027, with corresponding EPS of 0.81, 1.01, and 1.24 yuan [4]. - As a leading player in the oat industry, the company is expected to benefit from market expansion and increased concentration, with potential for profit improvement in the future [4].