Lao Fengxiang Store in Yichang, China

A Lao Fengxiang store is seen in Yichang, Hubei province, China, August 29, 2023. On the evening of August 27, the Chinese time-honored brand enterprise Lao Fengxiang disclosed its semi-annual report, and achieved operating income of 40.344 billion yuan in the first half of 2023, an increase of 19.57%; Net profit of 1.273 billion yuan, an increase of 42.95%; Non-net profit of 1.292 billion yuan, an increase of 44.37%.