Recently, Chao Hongji hosted an investor relations conference call. In the first three quarters, the company achieved operating income of 5.942 billion yuan, a slight decrease of 4.73% year on year; gross profit of 1,654 billion yuan, up 14.50% year on year; net profit to mother of 536 million yuan, up 69.09% year on year; and net cash flow from operating activities of 1,665 billion yuan, up 176.66% year on year. In terms of channels, the company adheres to the strategy of “open good stores, open big stores, and do not open abusively” and shifts to “quality over quantity”. By the end of September, the total number of jewelry stores reached 1,692, an increase of 93 over the previous year, and an increase of 24 over the beginning of the year. This quarter, the world's first No. 1 jewelry store opened in Yuyuan Garden in Shanghai and opened intangible heritage craft centers in core business districts in many places. In terms of brands and products, the “One City, One Heritage” partnership was deepened in the third quarter, and the sub-brand Soufflé created the first celebrity landing event. Spokesman Yu Chengen appeared at the Chongqing Vientiane City store, which had the highest sales volume in the country on the same day. The product side strengthened the four core matrices of intangible heritage filigree, fashion beads, IP co-branding, and ancient gold inlay, and launched the “Intangible Heritage Filigree Ruyi Series 2.0” and the “Dragon Dragon” series. During the Q&A session, the company stated that in the future, it will optimize the location, area and image of the store and improve the quality of individual stores. Currently, stores include fashion stores, intangible heritage craft centers, and No. 1 stores. The dividend arrangement will comprehensively consider cash flow, business development and financial arrangements, and actively maintain a cash dividend policy of continuous and steady growth within the scope of capacity.

Recently, Chao Hongji hosted an investor relations conference call. In the first three quarters, the company achieved operating income of 5.942 billion yuan, a slight decrease of 4.73% year on year; gross profit of 1,654 billion yuan, up 14.50% year on year; net profit to mother of 536 million yuan, up 69.09% year on year; and net cash flow from operating activities of 1,665 billion yuan, up 176.66% year on year. In terms of channels, the company adheres to the strategy of “open good stores, open big stores, and do not open abusively” and shifts to “quality over quantity”. By the end of September, the total number of jewelry stores reached 1,692, an increase of 93 over the previous year, and an increase of 24 over the beginning of the year. This quarter, the world's first No. 1 jewelry store opened in Yuyuan Garden in Shanghai and opened intangible heritage craft centers in core business districts in many places. In terms of brands and products, the “One City, One Heritage” partnership was deepened in the third quarter, and the sub-brand Soufflé created the first celebrity landing event. Spokesman Yu Chengen appeared at the Chongqing Vientiane City store, which had the highest sales volume in the country on the same day. The product side strengthened the four core matrices of intangible heritage filigree, fashion beads, IP co-branding, and ancient gold inlay, and launched the “Intangible Heritage Filigree Ruyi Series 2.0” and the “Dragon Dragon” series. During the Q&A session, the company stated that in the future, it will optimize the location, area and image of the store and improve the quality of individual stores. Currently, stores include fashion stores, intangible heritage craft centers, and No. 1 stores. The dividend arrangement will comprehensively consider cash flow, business development and financial arrangements, and actively maintain a cash dividend policy of continuous and steady growth within the scope of capacity.