MODERN AVENUE(SZ:002656)2022-12-06 11:11Group 1: Business Model and Strategy - The company is preparing for the official launch of the "Modern Avenue" platform [2] - The core competitiveness of "Modern Avenue" lies in its supply chain, physical store advantages, and resources in the light luxury and fashion sectors [3] - The company plans to open approximately 20 flagship stores in key regions to promote the DB brand [4] Group 2: Financial Performance and Projections - The company has set assessment indicators for the "Modern Avenue" business for 2016 [3] - The company anticipates stable performance in traditional business while new business models are yet to be tested in the market [5] - The decline in net profit for the self-owned brand CANUDILO since 2014 is attributed to increased promotional activities, rising costs, and a decrease in store numbers [4] Group 3: Market and Taxation Impact - The overall tax rate for cross-border e-commerce may decrease due to new policies [3] - The company believes that the new cross-border tax policies will be beneficial in the long term and will adjust product structure accordingly [3] Group 4: Operational Adjustments - The company will not expand physical stores significantly this year and will focus on optimizing existing locations [4] - The custom group purchasing business has seen significant improvement and will continue to develop, including exploring private customization [4]