At the same time, the Company continued to deepen the digital and intelligent operation of its membership and build its online channel ecosystem. As of September 30, 2026, the number of registered members of the Company was approximately 88.45 million, representing a year-on-year growth of 54.9%. In the third quarter of 2026, the GMV realized by stores through online own mall channels (such as Guoquan APP and WeChat Mini-programme) achieved a year-on-year growth of over 50%. The simultaneous expansion of the membership scale and the GMV of the online own malls demonstrates the continuous enhancement of the Company's private domain traffic retention and digital operation capabilities.

The Company recorded revenue (unaudited or unreviewed) of approximately RMB1,900 million (a decrease of approximately 3.3% as compared to the same period of last year) to RMB2,000 million (an increase of approximately 1.8% as compared to the same period of last year) in the third quarter of 2026. The Company recorded core operating profit (unaudited or unreviewed) of approximately RMB30 million to RMB40 million in the third quarter of 2026, representing a decrease of approximately 57.3% to 43.0% as compared to the same period of last year. According to the announcement, the year-on-year decrease in the core operating profit of the Company was primarily attributable to a combination of the following temporary factors: 1) the high base effect of the revenue for the same period of last year: benefiting from platform traffic in the third quarter of 2025, a relatively high comparative base was created, which posed pressure on the year-on-year performance for the current period. 2) continuous increase in investments in brand building and innovative business to cultivate the young consumer group, expand new consumption scenarios, and make proactive strategic investments with a focus on expanding consumer reach and broadening the long-term growth curve.

Looking forward, the Company will continue to closely adhere to the full-scenario dining concept of “One home, Three tables and Five meals”, deeply explore the demands across various home consumption scenarios, continuously research, develop and iterate a diversified portfolio of set meals and products, steadily advance the remodeling, upgrading and refined operation of stores, consolidate the construction of the membership ecosystem and continuously enhance store operating efficiency and market competitiveness. On this basis, the Company will continue to exert efforts in various innovative businesses to strengthen the diversified growth engines.