Saibaimei accelerates expansion in China and will reach a thousand stores this year.

Saibeiwei announced on May 13 that it will accelerate its expansion in the Chinese market. Currently, there are over 800 stores in China, and the plan is to expand to 1000 stores by August this year. In the past year, Saibeiwei's sales in China increased by over 30% compared to the previous year, with over 220 new stores opened nationwide. This year, at least 300 new stores will be opened in the Chinese market. In the future, the plan is to open 500 to 1000 new stores in the Chinese market every year, focusing on direct-operated store model, with a long-term goal of reaching tens of thousands of stores.