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Mingming is very busy. In 2025, revenue reached 66.17 billion yuan, a year-on-year increase of 68.2%.
**Wisdom Insight Network: **On March 31, 2026, Mingming Very Busy, China’s largest leisure food and beverage chain retail operator, released its 2025 annual performance announcement.
As the first annual performance report after its listing on the Hong Kong Stock Exchange, Mingming Very Busy Group delivered steady operations and high-quality growth in 2025. In 2025, the total merchandise transaction value of stores reached RMB 93.569 billion, up 68.5%; the company achieved operating revenue of RMB 66.170 billion, up 68.2%. Its adjusted net profit was RMB 2.692 billion, up 194.9%, and its gross margin increased to 9.8%.
By the end of 2025, the total number of stores under the company, including “Snack Very Busy” and “Zhao Yiming Snacks,” reached 21,948, covering 30 provinces nationwide and all city tiers, with approximately 60% located in county-level areas and towns. According to reports from the National Bureau of Statistics and Frost & Sullivan, the leisure food and beverage retail industry has broad room for growth, and the market size is expected to expand to RMB 4.9 trillion by 2029.