Guoquan Food (Shanghai) Co., Ltd. (2517) announced that, based on its unaudited consolidated management accounts, revenue for the year ended December 31, 2025 is expected to range from RMB7,750 million to RMB7,850 million. This represents an increase of approximately 19.8% to 21.3% from RMB6,469.8 million reported for 2024.

Net profit for 2025 is anticipated to be between RMB443 million and RMB463 million, marking a year-on-year increase of around 83.7% to 92.0% over last year’s RMB241.2 million. Core operating profit (a non-IFRS measure) is forecasted to reach RMB450 million to RMB470 million, reflecting growth of approximately 44.8% to 51.2% compared with RMB310.8 million for 2024.

According to the announcement, the primary driver of these increases is the Group’s store expansion, especially in township-level markets, and the improved operating efficiency stemming from integrated online and offline channels. As of December 31, 2025, the total number of stores reached 11,566, an increase of 1,416 compared with December 31, 2024. The year-end results remain subject to finalization and further review, with the audited figures to be announced by the end of March 2026.