Guoquan is a leading one-stop home meal products brand in China. Guoquan Shihui's product portfolio comprises eight categories, including hotpot products, barbecue products, beverages, solo-dining meals, ready-to-cook meal kits, fresh produce, western cuisines, and snacks, serving diverse dining scenarios for consumers. As of June 30, 2024, the Company had a total of 9,660 franchised stores. With an extensive network of community stores and strong digital supply chain capabilities, Guoquan has achieved extensive consumer reach. Meanwhile, Guoquan has also developed online sales channels, including the Guoquan APP, WeChat mini-programs, and third-party platforms providing takeaway-to-home services. Guoquan has been developed to a well-known enterprise in digital retailing of community catering, committed to providing consumers with diverse, convenient, high-quality, and affordable meal products.