美团系列报告之二：社团业务回归理性，注重降本增效

Summary of Conference Call Company/Industry Involved - The report focuses on Meituan and the community group buying industry [1] Core Points and Arguments - The community group buying business is returning to rationality, emphasizing cost reduction and efficiency improvement [1] - The report is structured into three parts: 1. Update on the latest situation in the community group buying industry 2. Review of the development of Duoduo and Youxuan since 2020 3. Discussion on the path to high-quality development for community group buying business [1] Other Important but Possibly Overlooked Content - The emphasis on high-quality development indicates a shift in focus from rapid expansion to sustainable growth [1]