CMB International: Adjusts Bai Guo Yuan Group (02411.HK) Rating to "Buy" as Management Increases Holdings, Demonstrating Confidence in Development.

According to the Zhongtong Finance APP, China Merchants Securities has released a research report stating that they have adjusted their rating of Baiguo Yuan Group (02411.HK) to "Buy". Baiguo Yuan has also announced a stock incentive plan and a management shareholding plan, which is expected to improve the company's long-term incentive and restraint mechanisms, attract outstanding talents, and fully stimulate the enthusiasm of the company's senior management team and core backbone. At the same time, it also shows the company's confidence in the long-term development of its business. The company is currently in a period of strategic adjustment, actively promoting strategic upgrades to build long-term growth momentum, and is expected to gradually recover same-store sales growth and increase the pace of new store openings. The outlook for the company's long-term growth prospects is positive.