Yongchen Lu

“As the coffee industry entered a seasonal slowdown during the first quarter, the company proactively optimized its operating system and moderately reduced discount-driven promotions, reallocating resources toward franchise system development and long-term rentability, while certain short-term revenue indicators face…”

“As we just celebrated the 62nd anniversary of the globally renowned Tim Hortons brand and the 7th anniversary of Tim's China, We are excited to continue serving our innovative and local relevant offers to our fast-growing lowly gas.”

“In Q3, we achieved positive net new store openings and maintained strong momentum in system sales, featuring a 12.8% year-over-year growth.”

“In Q2, we reinforced our differentiated coffee plus freshly prepared food strategy with a successful launch of the live lunch box platform, a series of new combo products for the lunch daypart to further drive our top-line growth and enhance store unit economics.”

“In the first quarter, we strengthened our unique strategic position in Coffee and Freshly Prepared Food by introducing the Light & Fit Lunch Box, a range of new platform combo products aimed at enhancing lunch sales and providing our guests with healthy and delicious lunch options.”