XIAOCAIYUAN has released its 2025 annual report, revealing that the company achieved growth in both revenue and profit, reaching a new scale. According to the disclosed performance figures, XIAOCAIYUAN's full-year operating revenue reached 5.345 billion yuan, a year-on-year increase of 2.6%. Revenue from dine-in services rose by 2.19% to 3.261 billion yuan. Net profit attributable to shareholders increased from 581 million yuan in the same period last year to 715 million yuan, a growth of 23.2%, with both revenue and profit hitting record highs for the corresponding period.

By the end of 2025, the total number of XIAOCAIYUAN stores increased from 667 in the same period of 2024 to 807, a net addition of 140 stores. Notably, 135 new stores were opened in the second half of the year, while only 5 were added in the first half. During the 2024 performance briefing, Chairman Wang Shugao stated that the company aims to reach a scale of 1,000 stores by the end of 2026, though it remains to be seen whether this target will be achieved on schedule.

Simultaneously, XIAOCAIYUAN's workforce continued to expand. The total number of employees increased by 1,719 from the previous year to 17,631 in 2025. The number of full-time employees rose by 1,506 to 13,540. However, the total employee costs, including salaries, wages, allowances, and benefits, decreased by 3.4% from 1.422 billion yuan to 1.373 billion yuan, a reduction of approximately 48 million yuan. This indicates that despite having more employees, the company spent less on labor costs.

In contrast, the compensation for executives and directors saw a significant increase. The total remuneration for directors in 2025 amounted to 6.952 million yuan, more than double the 3.169 million yuan paid in 2024. Chairman Wang Shugao's salary increased from 485,000 yuan to 1.15 million yuan, a rise of 665,000 yuan, making him the highest-paid director.

Against the backdrop of a deepening trend of rational consumer spending, XIAOCAIYUAN has delivered strong results by deepening its supply chain and optimizing operational efficiency. However, whether the company can successfully achieve its target of 1,000 stores will depend on market conditions.