Growth GuidanceManagement has revised up its group-level sales growth guidance in FY24E, mainly due to the upgrades in retail sales growth guidance.
Retail PerformanceRetail sales increased by 232% YoY to RMB464mn, driven by innovative product designs, effective marketing, and excellent services.
Store ExpansionStore expansion plan is on track with the opening of 360 new hotels in the fiscal year, showing strong growth potential.