Core Viewpoint - The article discusses the upcoming price adjustment by Laopu Gold, which is set to take place on October 26, 2025, marking the third price change this year, with expected increases of 10% to 15% [6][9]. Group 1: Price Adjustment - Laopu Gold will adjust its product prices on October 26, 2025, with details to be confirmed based on actual store prices [3]. - This marks the third price adjustment for Laopu Gold in 2025, following changes in February and August, aligning with its strategy of 2-3 adjustments per year [6]. - Following the announcement, Laopu Gold's stock price rose by 3.11%, closing at 828.5 HKD per share, with an intraday increase of 5.29% [6]. Group 2: Market Demand and Expansion - Laopu Gold's offline stores have sold out of several gold jewelry items, and multiple online products are also out of stock [9]. - The company has accelerated its expansion, opening a new store in Hong Kong's International Financial Centre, indicating a push towards internationalization [9]. - Since the last price adjustment in August, Laopu Gold has established three new branches, bringing the total to 30, with 28 currently operational [9]. Group 3: Industry Context - The current spot gold prices have reached historical highs, influencing domestic gold jewelry prices, which are nearing 1300 RMB per gram [10]. - As of October 17, 2025, the latest prices for gold jewelry from competitors are as follows: Laopu Gold at 1290 RMB per gram, Chow Tai Fook at 1279 RMB, and others showing similar upward trends [10].