RAINBOW(SZ:002419)2022-12-07 08:51Group 1: Acquisition and Market Strategy - The acquisition of Wandiantong is aimed at enhancing the company's presence in the convenience store market, which is crucial for achieving a 020 closed-loop system [2] - The convenience store format is seen as a solution for the last mile of consumer consumption in communities, indicating a positive development outlook for this sector [2] Group 2: Product and Service Offerings - Tianhong Weipin allows "store owners" to select products for their online stores and share them through social media platforms, with the company managing procurement, inventory, and logistics [3] - The company maintains strict control over the sales and service behaviors of "store owners" to ensure quality and compliance [3] Group 3: Store Closures and Strategic Adjustments - Store closures are primarily influenced by economic conditions and strategic considerations to minimize losses from underperforming locations [3] - The management team is authorized by the board to handle asset and personnel arrangements in accordance with relevant laws and regulations following store closures [3] Group 4: Compliance and Communication - During investor relations activities, the company ensured compliance with regulations and did not disclose any undisclosed significant information [3] - The company engaged in thorough communication with investors, discussing the current state of the domestic and international e-commerce and retail industries [3]