QUANJUDE(SZ:002186)2022-12-08 05:16Company Overview - China Quanjude (Group) Co., Ltd. has a brand history of 150 years, with the oldest store located at Qianmen [2] - The company was listed on the Shenzhen Stock Exchange on November 20, 2007 [3] - Currently operates approximately 90 stores domestically and 5 overseas [3] Business Structure - The main business consists of 80% restaurant services and 20% food sales [3] - The company has introduced a "50+50" dish structure, with 50 standardized dishes and 50 local specialties [4] Market Strategy - Focus on banquet markets, segmented into family, friends, and business banquets [3] - Plans to open new stores primarily in the Beijing-Tianjin-Hebei region and the Yangtze River Delta [4] - Average consumer spending is around 160-170 RMB, with major stores in Beijing having higher averages [5] Membership and Customer Engagement - Membership numbers are currently low due to insufficient staff training [4] - Aiming to enhance customer loyalty through a points-based membership system [4] Financial Performance - The company has maintained stable performance, with third-quarter results on par with the previous year [5] - The introduction of new investors is expected to benefit future development [3] Operational Challenges - The company is exploring the implementation of a central kitchen project, focusing on dish standardization [5] - There is a need to adapt traditional dishes to meet current market demands [5]