Gu Ming has always maintained a high level of focus and continuous investment, constantly optimizing and enriching its product matrix to meet consumers' increasingly diverse taste needs and consumption experiences. In 2023 and the first three quarters, Gu Ming successfully launched 130 and 85 new products respectively, and the speed and quality of new product launches are at the leading level in the industry.
At the same time, relying on its perfect operation management system and supply chain guarantee capabilities, Gu Ming ensures that nearly 10,000 stores can simultaneously provide consumers with high-quality products with consistent quality and authentic taste, greatly enhancing the brand's market competitiveness and consumer satisfaction.
With its outstanding product quality and brand reputation, Gu Ming has won the philippines phone number list love and trust of consumers and accumulated a large and loyal membership group. Data from the prospectus shows that as of September 30, 2019, the number of registered members of the Guming Mini Program has exceeded 135 million, and the number of quarterly active members has exceeded 43 million, with high member activity. Throughout 2023, Gu Ming's average quarterly repurchase rate reached 53%, far exceeding the average repurchase rate of less than 30% for popular freshly brewed tea shop brands, fully demonstrating the strong appeal and consumer stickiness of Gu Ming's products, and providing strong support for the brand's continued development.