Core Viewpoint - The company "Lao Pu Gold" (老铺黄金) is set to increase product prices on August 25, 2023, following a significant rise in international gold prices, contrasting with the overall industry downturn [1][2][8]. Company Summary - Lao Pu Gold announced a price adjustment, with specific details to be confirmed at the time of the price change [1]. - The company has previously raised prices in February 2023, leading to a surge in customer demand, with social media discussions reaching hundreds of millions of views [8]. - Despite a decline in gold consumption in China, Lao Pu Gold reported a projected sales performance of 14.3 billion yuan for the first half of 2025, a year-on-year increase of 252%, and an adjusted net profit of 2.36 billion yuan, up approximately 292% [10]. - The brand has successfully positioned itself as a high-end luxury gold jewelry provider, with a growing contribution from high-spending customers [10]. Industry Summary - The international gold price has increased from $2,614.37 per ounce at the beginning of the year to $3,341 per ounce, marking a rise of over 27% [8]. - The China Gold Association reported a 3.54% year-on-year decline in gold consumption for the first half of 2025, with a significant drop of 26% in gold jewelry consumption [10]. - Other brands in the industry, such as Lao Feng Xiang and Chow Tai Fook, have experienced revenue declines, and store closures have been frequently reported [10].
老铺黄金宣布今年第二次涨价,股价直线拉升
2 1 Shi Ji Jing Ji Bao Dao·2025-08-15 07:36