国金证券此前指出，公司专注下沉市场、全产业链布局。特许经营模式助力下沉市场渗透。截至1H24末，公司经营网络包括1670家加盟商旗下经营的2850家加盟店、7个自营直营区服务中心及17个省级代理。Mengjinyuan (02585) rose over 13% in late trading, as of the time of writing, it increased by 13.06%, priced at 12.66 HKD, with a transaction amount of 9.3089 million HKD.
According to Zhitong Finance APP, Mengjinyuan (02585) rose over 13% in late trading, as of the time of writing, it increased by 13.06%, priced at 12.66 HKD, with a transaction amount of 9.3089 million HKD.
Public information shows that Mengjinyuan mainly engages in processing, wholesale, and retail of jewelry. Mengjinyuan's products are primarily high-purity Gold trinkets, and also include diamond settings and K-gold trinkets among other jewelry. According to a report by Frost & Sullivan, Mengjinyuan is one of the few companies capable of operating across all key links in the Gold jewelry Industry Chain. The prospectus shows that in the first half of 2024, Mengjinyuan's revenue was 9.98 billion yuan, an increase of 7.12% compared to 9.316 billion yuan in the same period last year.
Sinolink previously pointed out that the company focuses on the sinking market and has a layout across the entire Industry Chain. The franchising model aids in penetrating the sinking market. As of the end of 1H24, the company's operating network includes 1,670 franchisees operating 2,850 franchise stores, 7 self-operated service centers, and 17 provincial agents.