Core Viewpoint - Mousse Health Sleep Co., Ltd. is facing serious allegations from its distributors regarding profit exploitation, mandatory store renovations, and potential financial misconduct, which the company has denied, claiming compliance with accounting standards [1][17]. Group 1: Distributor Complaints - Several distributors from Jiangsu and Chongqing have reported that Mousse coerces them into regular store renovations to extract profits and imposes various fines categorized as "off-balance income" [1][4]. - Distributors allege that Mousse compresses the sales cycle for new products, forcing them to purchase unsold inventory, which inflates the company's sales figures [11][6]. - A distributor reported losses exceeding 10 million yuan due to Mousse's practices, including mandatory procurement of store decorations exclusively from the company [6][11]. Group 2: Company Response - Mousse has publicly stated that the allegations from distributors are unfounded and that the company operates legally and in accordance with accounting principles, with all financial reports receiving "standard unqualified opinions" from auditing firms [1][17]. - The company emphasizes its commitment to treating distributors as strategic partners and aims for mutual growth [17]. Group 3: Historical Context - This is not the first instance of distributor complaints; in 2023, a collaboration with influencer Xinba led to significant dissatisfaction among distributors when a mattress priced at 20,000 yuan was sold for under 5,000 yuan during a live stream [17][18]. - In 2021, a former distributor publicly accused Mousse of IPO data fraud and tax evasion, which the company also denied, asserting compliance with tax laws [18]. Group 4: Financial Performance - Mousse's revenue heavily relies on its distribution model, with 74.13% of its revenue in 2024 coming from distributors, amounting to approximately 4.15 billion yuan [19][21]. - The company's total revenue for 2024 was approximately 5.60 billion yuan, showing a slight increase of 0.43% compared to the previous year [21].
被指压榨、罚款经销商，造假利润，慕思股份回应：不属实