万里马：将继续拓展和培育新品牌，深化与现有品牌合作为电商渠道业务增长提供持续动力

Core Viewpoint - The company is actively expanding its e-commerce and live-streaming sales channels, aiming for over 30% of online sales revenue by 2025, leveraging national policies to boost consumer spending [1] Group 1: E-commerce Strategy - The company is focusing on developing live-streaming social e-commerce and has achieved good results in e-commerce operations and live-streaming [1] - Future plans include expanding and nurturing new brands while deepening cooperation with existing brands to drive growth in e-commerce channels [1] Group 2: Policy and Market Opportunities - The company intends to seize opportunities from national policies aimed at boosting consumption and will integrate military-civilian fusion strategies [1] - There is a plan to create a military-grade quality control system for civilian consumer goods, promoting synergy between military products and e-commerce traffic [1]