Core Viewpoint - Zhou Silu (06168.HK) has released its first financial report since going public, showing a revenue of approximately 3.15 billion yuan and a net profit of about 415 million yuan for the six months ending June 30, 2025, with significant contributions from online sales [2][3]. Group 1: Financial Performance - The company achieved a revenue of approximately 3.15 billion yuan, representing a year-on-year growth of about 5.2% [2]. - The net profit reached approximately 415 million yuan, with a year-on-year increase of about 11.9% [2]. - The company plans to distribute an interim dividend of 0.45 yuan per share [2]. Group 2: Online Sales Growth - Online sales revenue for the first half of 2025 was approximately 1.632 billion yuan, a year-on-year increase of about 34%, accounting for 51.81% of total revenue [2]. - During the "618" shopping festival, the company's self-operated online sales exceeded 700 million yuan, a year-on-year increase of 36% [3]. - The company has enhanced its online operations and e-commerce partnerships, significantly boosting online sales [2]. Group 3: Product Strategy and Market Position - The company is focusing on lightweight and fashionable product development to cater to the mainstream direction of gold consumption [3]. - The gross profit margin for offline marked products increased to 41.7%, outperforming the industry average of approximately 35% to 40% [3]. - Zhou Silu ranks fifth among Chinese jewelry brands as of 2024, indicating its strong market position [4]. Group 4: Store Expansion and Strategy - The company has optimized its store layout, with a total of 3,760 franchise stores and 97 self-operated stores, focusing on enhancing single-store efficiency and brand value [4]. - The management plans to expand overseas, particularly in Southeast Asia, with tailored strategies for each country [4]. - The average store size has increased to approximately 110 square meters, with nearly 50% of stores located in first and second-tier cities [4]. Group 5: Market Recognition and Index Inclusion - Zhou Silu's stock price doubled within three trading days after its listing on the Hong Kong Stock Exchange, reaching a peak of 52.5 HKD per share [5]. - The company will be included in the Hang Seng Composite Index starting September 5, 2025, which may enhance its visibility and investment appeal [5].