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Bawang Tea Princess finally reaches the "make-up class" stage: Guidance for the year remains flat year-on-year, with "stable same-store performance" as the top priority.

Bawang Tea Princess finally reaches the "make-up class" stage: Guidance for the year remains flat year-on-year, with "stable same-store performance" as the top priority.

Bawang Chaji has endured its toughest year after a period of rapid expansion. In 2025, the company’s net revenue reached 12.91 billion yuan, up 4% year-on-year. Although growth continued, it noticeably slowed compared to previous years. The fourth quarter was especially challenging: net revenue was 2.9745 billion
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After the sharp decline in storage, pay attention to the "three major catalysts" that are expected to reverse market sentiment.

After the sharp decline in storage, pay attention to the "three major catalysts" that are expected to reverse market sentiment.

``` Memory stocks experienced a wave of concentrated sell-offs in March, with seemingly legitimate reasons—the sustainability of cloud vendors’ hardware expenditures, whether AI memory demand is overestimated, whether Google’s TurboQuant compression technology will crush HBM demand… All these concerns erupted at once, compounded by geopolitical tensions in the Strait