JIUMAOJIU (09922) The same-store daily sales of major brands in the first quarter showed a year-on-year decline.

JIUMAOJIU (09922) announced that in the first quarter of 2025, the table turnover rates for Tai Er (self-operated only), Soso Hot Pot, and JIUMAOJIU (self-operated only) were 3.1, 2.6, and 2.6 respectively, with same-store daily sales decreasing by 21.2%, 24.2%, and 18.6% respectively compared to the same period last year. In the first quarter of 2025, the same-store daily sales of the group's main brands showed a decrease compared to the same period last year, mainly due to the continued pressure from external environmental changes. The decrease in same-store daily sales of the main brands stabilized or narrowed, with Tai Er and JIUMAOJIU showing a slight increase in daily sales compared to the fourth quarter of 2024, indicating a preliminary sign of bottoming out. The average customer consumption for the main brands remained stable for two consecutive quarters, demonstrating the effectiveness of the group's strategic shift from short-term promotions to strengthening product quality and optimizing customer experience.