MODERN AVENUE(SZ:002656)2022-12-07 08:54Group 1: Tax Incentives and Corporate Strategy - The company obtained the "High-tech Enterprise Certificate" in 2012, valid for 3 years, providing a corporate income tax reduction from January 1, 2012, to December 31, 2014 [2][3] - If the company fails to pass the high-tech enterprise re-evaluation after the certificate expires, it may lose the 15% corporate income tax incentive, impacting profitability [3][4] Group 2: Expansion Plans - The company plans to open 30 new stores under the "01MEN" brand over the next 5 years, focusing on first and second-tier cities [4][6] - The "01MEN" project will be advanced based on actual business conditions and market research [4][5] Group 3: Talent Retention and Management - The company emphasizes creating a first-class working environment and providing platforms for employees to realize their dreams, which is central to its human resources strategy [4][5] - A competitive and fair compensation system is established based on performance assessments and market salary surveys [4][5] Group 4: Market Outlook and Challenges - The company maintains a cautiously optimistic view on the apparel retail market in 2015, despite facing numerous operational challenges [6][7] - The company recognizes that personalized and diversified consumption will become mainstream in the new economic normal [6][7] Group 5: Financial Management and Fund Utilization - As of December 31, 2014, the company had unused raised funds amounting to CNY 149,137,749.35, which are stored in designated bank accounts [7][8] - The company has approved the use of CNY 30 million of raised funds for the construction of the "CANUDILO" cross-border art center [9][10] Group 6: Brand Development and Market Position - The "CANUDILO" brand is recognized as one of the more influential high-end menswear brands in China, leveraging 18 years of brand operation experience [16][17] - The company has established long-term partnerships with high-end department stores and shopping centers, with a total of 465 marketing terminals across the country as of December 31, 2014 [15][16] Group 7: New Product and Business Development - The company is focusing on internationalization and has set strategic goals to embrace change and the internet, aiming to enhance its brand operation capabilities [25][26] - The "01MEN" brand will target different customer segments with specialized stores, including "01MEN select," "01MEN urban," and "01MEN shoe" [21][22]