Core Viewpoint - Haidilao is diversifying its product offerings by introducing lower-priced meal options, including a weekday self-service lunch priced at 22 yuan, to attract more customers and adapt to market competition [1][4]. Group 1: New Product Offerings - Haidilao has launched a weekday self-service lunch that includes various dishes such as hot and cold dishes, fruits, drinks, and staple foods [1]. - The company previously introduced "small portion dishes" priced between 4-25 yuan, catering to solo diners [4]. - In addition to self-service lunches, Haidilao is selling breakfast items and boxed meals at affordable prices, such as tea eggs for 1.5 yuan each and boxed meals around 15 yuan [7]. Group 2: Financial Performance - In the 2023 annual report, Haidilao reported total revenue of 427.55 billion yuan and a net profit of 47.08 billion yuan, with a customer turnover rate of 4.1 times per day [13]. - Despite revenue and profit growth, the growth rate has slowed down significantly, indicating challenges in the core hot pot business amid fierce market competition [13]. - The company aims to create a second growth curve by launching the "Pomegranate Plan," which includes developing 11 sub-brands and opening 74 new stores [13]. Group 3: Brand Development - Haidilao has registered multiple trademarks for new brands such as "Xiao Hai Hot Pot" and "Xiao Hai Mixed Rice," indicating plans for expansion into convenient food and beverage sectors [13]. - The revenue from other restaurant operations reached 4.83 billion yuan in 2024, reflecting a year-on-year growth of 39.6% [13].

Core Viewpoint - The article discusses Haidilao's recent initiatives to introduce lower-priced meal options, including a weekday self-service lunch priced at 22 yuan, as part of its strategy to diversify offerings and address declining growth in its core hotpot business [1][4][13]. Group 1: New Product Offerings - Haidilao has launched a weekday self-service lunch priced at 22 yuan, featuring a variety of dishes including hot and cold options, fruit, drinks, and staple foods [1]. - The company previously introduced "small portion dishes" suitable for solo dining, priced between 4 to 25 yuan, to cater to changing consumer preferences [3]. - In addition to self-service lunches, Haidilao has started selling breakfast and boxed meals from street carts, with prices for items like tea eggs at 1.5 yuan and boxed meals around 15 yuan [7]. Group 2: Financial Performance - In the 2024 annual report, Haidilao reported total revenue of 427.55 billion yuan and a net profit of 47.08 billion yuan, with a customer turnover rate of 4.1 times per day and 415 million customers served [13]. - Despite revenue and profit growth, the company experienced a significant slowdown in growth rates, with 2023 revenue at 414.53 billion yuan, a year-on-year increase of 33.6%, and net profit at 44.95 billion yuan, up 174.6% [13]. - The company is facing challenges in its core hotpot business due to intense market competition, prompting it to explore new growth avenues [13]. Group 3: Strategic Initiatives - In 2024, Haidilao launched the "Pomegranate Plan," which incubated and developed 11 sub-brands, including "Flame Grilled Meat" and "Little Hi Hotpot," covering various dining scenarios [14]. - The revenue from other restaurant operations reached 4.83 billion yuan in 2024, marking a year-on-year growth of 39.6% [14]. - Haidilao has applied for multiple trademarks in 2025, including "Little Hi Hotpot" and "Little Hi Mixed Rice," indicating plans for expansion into convenience foods and beverages [14].