In the third quarter of 2024, the Company announced its inclusion in the Hong Kong Hang Seng Composite Index and the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect Programs, underscoring its market credibility and growth potential. The inclusion in both a major index and stock connect programs offered more liquidity.
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Since 2023, with the effective implementation of consumer promotion policies, the catering consumption market has been steadily recovering. China's per capita disposable income has been steadily increasing, and the total retail sales of consumer goods have maintained an upward trend. Consumption has become one of the important drivers of China's economic growth.
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