Yowant Technology(SZ:002291)2022-12-03 08:34Group 1: Industry Trends and Company Response - The company has engaged with platforms like Kuaishou and Douyin to comply with regulatory trends and has implemented internal training for staff [3] - The company has a QC team of over 100 members to enhance product quality control, including deposit collection and product inspections [3] Group 2: Financial Performance - The company's total GMV for the first half of 2020 was 900 million, with Q3 reaching 1.8 billion and Q4 projected between 4 billion to 4.5 billion [3] - The expected profit for the first three quarters is over 70 million, with a performance commitment of 260 million for the year, indicating a strong profitability outlook [3] Group 3: Future Plans and Projections - The company plans to sign 60 full contracts with streamers in 2021, with over 50-60 business contracts already in negotiation [3] - The company is expanding its live streaming base in Linyi, which is expected to be completed by April, facilitating deeper collaborations with local streamers [4] Group 4: Product Strategy and Market Positioning - The company aims to open offline luxury stores in Shanghai to support higher-end product sales and will explore selling premium products through various platforms [4] - The company anticipates a continuous increase in overall gross margin next year, despite potential quarterly fluctuations [4] Group 5: Market Insights - The company identifies a growing trend in live commerce, particularly appealing to users with disposable income and limited time for offline shopping [4] - As the industry matures, live commerce is expected to become a significant growth segment within the e-commerce landscape [4]