Hongqi Chain(SZ:002697)2023-04-13 06:08Group 1: Company Performance and Financials - The company reported a significant increase in employee compensation, with a total of 145.2 million compared to 68.7 million in the previous year, indicating a substantial growth [1] - As of April 10, 2023, the total number of shareholders is 46,773, with institutional shareholders numbering 4,081 [2] - The company has completed the renovation of 400 old stores, focusing on comprehensive optimization [3] Group 2: Expansion Plans - The company plans to accelerate store expansion in 2023, primarily focusing on the Sichuan market [4][5] - As of December 31, 2022, the total number of stores reached 3,561 [4] - The company is continuously optimizing its stores to enhance competitiveness and meet rising demand [2][4] Group 3: Market Strategy and Operations - The company operates both self-built and third-party delivery services for its online home delivery business, which has seen significant growth [2] - The company is actively considering mergers and acquisitions of local retail businesses if suitable targets are identified [2] - The company emphasizes the importance of party leadership in ensuring stable development and adherence to ethical business practices [4]