Youngor(SH:600177)2024-06-21 10:07Group 1: Brand Operations - Each brand operates independently under its respective division while sharing resources such as the supply chain [2] - The sub-brands UNDEFEATED and HELLY HANSEN enhance YAGOR's brand strength, facilitating entry into high-end shopping centers [3] - Experience accumulated from integrating and operating sub-brands aids in future acquisitions and connects with younger customer demographics [3] Group 2: Brand Development and Expansion - MAYOR, a high-end custom brand, has established a presence in premium shopping areas like SKP and Nanjing Deji, with plans for steady expansion [3] - Fashion experience centers in Ganzhou, Nanchang, Jinan, and Zhengzhou opened on January 21, April 12, June 1, and June 18, respectively, with additional openings planned for the second half of 2024, including a store in Chongqing on August 20 [3] Group 3: Dividend Policy - The mid-year dividend plan for 2024 aims to stabilize investor expectations, with specific amounts to be determined by the board based on annual performance, cash flow, and future investment plans [3]