TH International Limited (NASDAQ:THCH) held its Q2 2025 Earnings Conference Call on August 26, 2025. The event featured presentations from the company's CEO, Yongchen Lu, and CFO, Albert Li, with Gemma Bakx, Head of Investor Relations, facilitating the session. Attendees included Steve Silver from Argus Research Company. During the call, the management discussed the company's financial performance for the second quarter of 2025. They highlighted a slight decrease in cash and cash equivalents, from RMB 184.2 million at the end of 2024 to RMB 178.8 million as of June 30, 2025. This decline was attributed to business expansion efforts, although it was partially offset by drawing down additional bank borrowings. The management also emphasized their commitment to profitable growth, focusing on enhancing operational efficiencies through supply chain optimization and rigorous cost controls. They plan to drive traffic by promoting their made-to-order fresh and healthy food preparation model, optimize overall store unit economics, and accelerate the expansion of successful sub-franchising. The CEO commented, "With profitable growth always being front and center of everything we do, we are poised to further enhance our operational efficiencies." The full transcript can be accessed through the link below.