莱绅通灵：四季度金价上涨对公司毛利率影响有限

Core Viewpoint - The company, Lai Shen Tong Ling, indicated that the increase in gold prices in the fourth quarter had a limited impact on its gross margin due to sales primarily coming from prior inventory and a significant decrease in the proportion of lower-margin online sales [1] Group 1 - The company reported a slight increase in gross margin on a quarter-on-quarter basis despite rising gold prices [1] - The company has developed strategies to manage future gold price fluctuations, including adjusting product prices to maintain gross margin stability if gold prices continue to rise [1] - In the event of a decline in gold prices, the company plans to adjust end-user prices and utilize gold leasing and other tools for risk hedging [1]