Core Insights - Company reported its first interim results since listing, achieving revenue of approximately 3.15 billion yuan, a year-on-year increase of about 5.2%, and a net profit of approximately 415 million yuan, up 11.9% year-on-year [1] - Online sales significantly contributed to performance, with online channel sales reaching approximately 1.632 billion yuan, a year-on-year growth of about 34%, accounting for 51.81% of total revenue [1] - The company plans to distribute an interim dividend of 0.45 yuan per share [1] Group 1: Online Sales Performance - During the "618" shopping festival, the company's online self-operated sales exceeded 700 million yuan, a year-on-year increase of 36%, maintaining a growth rate above 30% for two consecutive years [2] - The company ranked fourth in the gold category on Tmall, showcasing its core competitiveness in the online gold and jewelry market [2] - The company is exploring lightweight and fashionable product development concepts to adapt to rising gold prices, enhancing product differentiation through IP collaborations and material combinations [2] Group 2: Offline Channel Strategy - The company is focusing on refined operations that pursue single-store efficiency and brand value, optimizing its terminal store layout based on market changes and brand strategy adjustments [3] - As of the reporting period, the company had a total of 3,760 franchise stores and 97 self-operated stores, with nearly 50% of stores located in first and second-tier cities [3] - The average store size has increased to approximately 110 square meters [3] Group 3: Expansion and Market Position - The company plans to expand overseas, particularly in Southeast Asia, with a strategy driven by "national brand dividends + cultural technology" [3] - As of June 26, the company was ranked fifth among Chinese jewelry brands and has seen its stock price double shortly after listing on the Hong Kong Stock Exchange [3] - The company is set to be included in the Hang Seng Composite Index on September 5, 2025, which may lead to its inclusion in the Hong Kong Stock Connect due to meeting various criteria [4]
周六福发力线上渠道，上半年营收净利双增！下周将纳入恒生综指，或入选港股通标的