Group 1: Inventory Management and Financial Performance - The company utilizes an intelligent inventory management system to mitigate risks associated with inventory growth, considering factors such as sales trends, competition, and seasonal characteristics. As of Q1 2025, inventory levels are approximately 1.491 billion CNY [2][3] - For Q1 2025, the company reported total revenue of 2,291,894,216.24 CNY, total costs of 2,288,996,272.44 CNY, resulting in an operating loss of 12,760,710.37 CNY and a net loss of 16,030,883.11 CNY [3][4] Group 2: E-commerce Strategy and Market Expansion - The company is actively exploring new e-commerce platforms such as Temu and TikTok, while maintaining a balanced approach across multiple platforms, including Amazon and Walmart, to drive sales growth [3][4] - The company has a global presence, covering over a hundred countries, with a focus on North America and Europe, and plans to further expand its overseas market [4][5] Group 3: Competitive Advantage and Future Growth - The company aims to maintain its competitive edge through a multi-category, multi-platform strategy, leveraging AI technology and a professional team to enhance operational efficiency [6][7] - Future growth will focus on product diversification, multi-channel strategies, and AI-driven improvements, with an emphasis on optimizing overseas warehouse layouts [7][8] Group 4: Industry Outlook - According to Statista, the global e-commerce market is expected to grow at a rate of 7.8%-9.7% in 2024, outpacing the global retail market growth of 4%-5%. By 2025, the e-commerce user penetration rate is projected to reach 42.4% [8]