The Zhitong Finance App learned that the Michelle Group (02097) rose nearly 5% in the morning. As of press release, it rose 4.43% to HK$164.9, with a turnover of HK$37.674 million.

According to news, Michelle Group and Junlebao's high-end Fresh Milk have reached a strategic cooperation. The two sides will carry out in-depth cooperation in supply chain collaboration, brand marketing linkage, and overseas business exploration. Currently, about 15,000 stores in Michelle Ice City and Lucky Coffee have introduced low-temperature fresh milk, covering products such as freshly ground coffee and milk tea. It is expected that fresh milk ingredients will cover stores nationwide in 2028.

Notably, the board of directors of the Misxue Group has decided to recommend that a special dividend of RMB 2.65 per share be paid to shareholders on or around November 6, 2026, with an estimated total of approximately RMB 1,006 billion. Huayuan Securities believes that the company is currently focusing on product quality, upgrading brand and store operation capabilities, and that subsequent core observations are cost investment efficiency, single-store revenue recovery, and overseas store restructuring results.

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