呷哺呷哺年报2024

Xiabuxiabu Catering Management (China) Holdings Co., Ltd.呷哺呷哺餐飲管理（中國）控股有限公司Stock Code股份代號：520Incorporated in the Cayman Islands with limited liability（於開曼群島註冊成立的有限公司） 2024Annual Report 25891124323766849091939597 CORPORATE INFORMATIONDEFINITIONSFINANCIAL SUMMARYCHAIRMAN’S STATEMENTBUSINESS REVIEW AND OUTLOOKMANAGEMENT DISCUSSION AND ANALYSISBIOGRAPHIES OF THE DIRECTORS AND SENIOR MANAGEMENTDIRECTORS’ REPORTCORPORATE GOVERNANCE REPORTINDEPENDENT AUDITOR’S REPORTCONSOLIDATED STATEMENT OF PROFIT OR LOSSAND OTHER COMPREHENSIVE INCOMECONSOLIDATED STATEMENT OF FINANCIAL POSITIONCONSOLIDATED STATEMENT OF CHANGES IN EQUITYCONSOLIDATED STATEMENT OF CASH FLOWSNOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Corporate Information BOARD OF DIRECTORS Executive Director Mr. Ho Kuang-Chi(Chairman and Chief Executive Officer) Non-executive Directors Ms. Chen Su-YinMs. Li Jie Independent Non-executive Directors Mr. Hon Ping Cho TerenceMs. Cheung Sze ManMr. Kot Man Tat AUDIT COMMITTEE Mr. Hon Ping Cho Terence(Chairman)Ms. Li JieMr. Kot Man Tat NOMINATION COMMITTEE Mr. Ho Kuang-Chi(Chairman)Ms. Cheung Sze ManMr. Kot Man Tat REMUNERATION COMMITTEE Ms. Cheung Sze Man(Chairman)Mr. Ho Kuang-ChiMr. Hon Ping Cho Terence COMPANY SECRETARY Ms. Tam Shuk Wah Carrie(resigned on 16 January 2024 andre-appointed on 16 October 2024)Ms. So Lai Shan(appointed on 16 January 2024 andresigned on 16 October 2024) AUTHORIZED REPRESENTATIVES Mr. Ho Kuang-ChiMs. Tam Shuk Wah Carrie(resigned on 16 January 2024 andre-appointed on 16 October 2024)Ms. So Lai Shan(appointed on 16 January 2024 andresigned on 16 October 2024) Corporate Information REGISTERED OFFICE IN CAYMAN ISLANDS Cricket SquareHutchins DriveP.O. Box 2681Grand CaymanKY1-1111Cayman Islands Cricket SquareHutchins DriveP.O. Box 2681Grand CaymanKY1-1111Cayman Islands PRINCIPAL PLACE OF BUSINESS IN HONG KONG Units 2205-07, 22nd Floor, Two Sky Parc51 Hung To RoadKwun TongKowloonHong Kong 51Two Sky Parc 222205-07 HEADQUARTERS AND PRINCIPAL PLACE OFBUSINESS IN THE PRC Suncun Industrial Development ZoneHuangcun TownDaxing DistrictBeijingPRC 555 Zizhu Digital HubNo.555 Dongchuan RoadWujing TownMinhang DistrictShanghaiPRC Corporate Information CAYMAN ISLANDS PRINCIPAL SHARE REGISTRARAND TRANSFER AGENT Conyers Trust Company (Cayman) Limited2901 One Exchange SquareConnaught PlaceCentralHong Kong Conyers Trust Company (Cayman) Limited2901 HONG KONG SHARE REGISTRAR 183171712–1716 Computershare Hong Kong Investor Services LimitedShops 1712–1716, 17th FloorHopewell Centre183 Queen’s Road EastWanchaiHong Kong INDEPENDENT AUDITOR Deloitte Touche TohmatsuPublic Interest Entity Auditor registered in accordance withthe Financial Reporting Council Ordinance • HONG KONG LEGAL ADVISER Sidley Austin PRINCIPAL BANKS China Merchants BankSPD BankBank of ChinaHSBCChina CITIC BankFubon Bank (China) ir@xiabu.com INVESTOR RELATIONS E-mail: ir@xiabu.com www.xiabu.com COMPANY’S WEBSITE www.xiabu.com STOCK CODE 520 520 Definitions Definitions Financial Summary Chairman’s Statement Dear Shareholders, The year 2024 marks the 26th anniversary of our Company’s steadydevelopment. Throughout our journey, every milestone has been forgedby our corporate ethos of “unity, pragmatism, integrity, dedication,innovation.” Guided by these values, the Company has emerged as aleading enterprise in China’s catering industry. Despite ongoing marketuncertainties, we continue to spearhead industry advancement throughrobust operational capabilities and comprehensive strengths. Chairman’s Statement 5034,000100% The past year presented both challenges and opportunities. Amidstconsumption downgrading pressures and complex market conditions,theCompany has remained united.While maintaining strategicconsistency, we dynamically optimized our approaches in line withbusiness characteristics and market dynamics to achieve annual revenuetargets. In 2024, our membership program experienced exponentialgrowth,adding approximately 5.03 million new members andsurpassing 40 million cumulative members, significantly boosting grouprevenue. This year also commemorated our decade-long public listing,during which Xiabu Xiabu brand launched the “Genuine Feedback fora Decade of Listing: Retro Combo Revival” campaign, strengtheningcustomer engagement and loyalty. Following offshore openings inHong Kong and Singapore, the Coucou brand successfully entered theTaiwan region and delivered exceptional performance. The launch ofour Beijing logistics hub not only doubled our storage capacity, but alsosubstantially enhanced distribution efficiency and operational coverage.Despite market complexities, we maintained industry leadership in bothquantity and quality of new restaurant openings. In 2024, we continuedto innovate and we could never have achieved what we did without ourdedicated and committed employees. On behalf of the Group and the Board, I extend heartfelt gratitudeto our global shareholders, customers, an