At the same time, the company’s weaknesses and growth pain points are equally prominent—and have become the central tests on its path to an IPO. First, control gaps in the franchising model are glaring. With franchised stores accounting for more than 95% of the network, quality control is extremely difficult. In 2024, the “worm incident” at a Beijing franchise store triggered a crisis of trust in the brand; related complaints on the Black Cat platform exceeded 380. Revenue at some outlets plunged by 30%. Meanwhile, in 2025 the ratio of newly opened to closed franchise stores deteriorated from 15:1 to 3:1. Franchisees’ payback periods averaged 13–20 months—and could be longer in top-tier cities due to intense competition. Waning franchisee enthusiasm directly undermines the stability of the company’s core source of revenue.
赵乐际指出，十四届全国人大四次会议的指导思想是：以习近平新时代中国特色社会主义思想为指导，深入贯彻党的二十大和二十届历次全会精神，认真落实四中全会部署，深刻领悟“两个确立”的决定性意义，增强“四个意识”、坚定“四个自信”、做到“两个维护”，坚持党的领导、人民当家作主、依法治国有机统一，发展全过程人民民主，坚持好、完善好、运行好人民代表大会制度，紧紧围绕党和国家工作大局，认真履行宪法和法律赋予的职责，圆满完成大会各项任务，开成一次凝心聚力、真抓实干、团结奋进的大会，动员全国各族人民更加紧密地团结在以习近平同志为核心的党中央周围，坚定信心、奋发进取，为基本实现社会主义现代化而共同奋斗，不断开创以中国式现代化全面推进强国建设、民族复兴伟业新局面。。关于这个话题，体育直播提供了深入分析
Зеленский решил отправить военных на Ближний Восток20:58，推荐阅读同城约会获取更多信息
Россиянка описала мужчин в Египте словами «не стесняются рассматривать женщин»09:00，详情可参考旺商聊官方下载
"But had he gotten to Oxford and been a great student we also might never have gotten Dr. Seuss."