GUOQUAN (02517) has issued an announcement containing a preliminary assessment based on currently available information. The Group has thoroughly implemented its "Community Central Kitchen" strategy, continuously expanding its instant retail store network. By integrating online and offline channels, it provides consumers with a "GUOQUAN Flash Sale" shopping experience. In the first quarter of 2026, the company had a net addition of 192 new stores, bringing the total store count to 11,758 as of March 31, 2026. This represents a net increase of 1,637 stores compared to the total of 10,121 stores as of March 31, 2025. During the first quarter of 2026, there was a net addition of 113 stores in township markets, raising the total number of stores in these markets to 3,123 as of March 31, 2026.

The Group continues to deepen its brand identity centered on "Eating at Home with GUOQUAN." Benefiting from (i) a diverse range of meal package products and a multi-channel, multi-scenario layout that combines online and offline sales, (ii) the steady progress in strategically upgrading existing community stores to larger formats, and (iii) organizational evolution focused on regional operations, which has further motivated frontline operational staff, the Group achieved unaudited revenue of approximately RMB 2.2 billion to RMB 2.3 billion in the first quarter of 2026. This represents a year-on-year increase of approximately 31.3% to 37.2% compared to the first quarter of 2025.

Driven by revenue growth and stable, improving operational efficiency, coupled with an increase in government subsidies received in the first quarter of 2026 compared to the same period last year, the Group achieved an unaudited core operating profit of approximately RMB 185 million to RMB 205 million for the first quarter of 2026. This represents a year-on-year increase of approximately 45.3% to 61.0% compared to the first quarter of 2025.