Mingming is busy presenting the first post-listing performance report: stable operational foundation and improved development quality

On March 31, 2026, the leading leisure snack and beverage retail chain operator Míngmíng Very Busy (stock code: 01768.HK) released its 2025 annual results announcement. The data showed that in 2025, the total gross merchandise value (GMV) of store transactions reached RMB 93.569 billion, an increase of 68.5%; the company achieved operating revenue of RMB 66.170 billion, up 68.2%. Net profit was RMB 2.329 billion, an increase of 180.9%, and adjusted net profit was RMB 2.692 billion, up 194.9%. As of the end of 2025, the company’s store network under “Snacks Very Busy” and “Zhao Yiming Snacks” totaled 21,948 stores, covering 30 provinces nationwide and all city tiers. As the first annual results after listing on the Hong Kong stock market, Míngmíng Very Busy Group demonstrated steady operation and high-quality growth in 2025.

The announcement indicated that the company’s profitability continued to strengthen, with gross profit margin rising to 9.8% and adjusted net profit margin increasing to 4.1%, reflecting ongoing optimization of the operating structure. By the end of the period, monetary funds increased year-over-year by 93.0% to RMB 3.744 billion, providing solid capital support for business development.

The steady growth in performance stems from the strong daily consumption demand of the mass market and the continuous improvement in the company’s operational efficiency. On the demand side, snack consumption covers a wide range of people and multiple consumption scenarios, with consumption frequency steadily increasing and industry demand continuously releasing. On the supply side, the group has optimized costs by directly connecting with over 2,500 manufacturers and reducing intermediary links through its business model. Meanwhile, a continuously improving supply chain and digital capabilities form key support: 56 warehousing and distribution centers across the country ensure efficient product circulation, typically delivering to stores within 24 hours. This high-quality growth model driven by genuine consumption demand and endogenous capabilities is more structural and sustainable.

China’s leisure snack and beverage retail market space is broad, and the industry scale continues to grow. According to reports by the National Bureau of Statistics and Frost & Sullivan, the market size is expected to expand to RMB 4.9 trillion by 2029. In an industry landscape with a trillion-yuan scale, leading enterprises with solid operational capabilities and efficient supply chain systems are expected to continue seizing development opportunities. With its steady growth, Míngmíng Very Busy is continuously consolidating its market position as an industry leader. (Advertisement)

【Source: China Consumer News】