due to operational reforms.

1. Taiziwei originated from Taiwan and was established in 2014. It is an innovative Taiwanese takeout brand focused on building in 2014 by Feibaiwei Catering Management Co., Ltd., with the core business philosophy of "extremely delicious, extremely fast, and extremely considerate".

We specially hire well-known Taiwanese chefs to develop products, advocate healthy eating, convey the taste of Taiwanese petty bourgeoisie, and are committed to building an innovative chain brand with O2O operation of Taiwanese takeout.

2. Taiwanese Food mainly sells takeaway lunch boxes, dessert snacks, milk tea drinks, etc., which are mainly Taiwanese specialties.

Chain stores prefer areas where young people are concentrated, such as business districts, cultural districts, and mid- to high-end residential areas.

It is the first chain brand that provides Taiwanese takeout and snacks. It focuses on O2O operations and has its own ordering platform.

Rich product content, standardized operation, and differentiated management.

We are committed to conveying the authentic Taiwanese petty bourgeoisie taste, allowing mainland diners to eat all over Taiwan without leaving home.

3. The market practice of Taiwan-funded food delivery companies is that, on the one hand, it is a big brand on the platform and will be given certain subsidies and traffic support; on the other hand, large-scale events promote order volume, which favors small profits but quick turnover, and customer stickiness is not strong.

The company actively implemented operational reforms and closed some stores.