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Insufficient Growth At Guangzhou Shangpin Home Collection Co., Ltd. (SZSE:300616) Hampers Share Price
Guangzhou shangpin home collection (300616.SZ): Continuously carry out AI technology innovation and application, taking AI technology as the core driving force of development.
Guangzhou Shangpin Home Collection (300616.SZ) stated at the investor relations event on September 25 that the company continues to innovate and apply AI technology, using AI technology as the core driving force for development. The company has upgraded its productivity system, including marketing, design, production, and logistics, and has built a new generation of intelligent design, operation, and management platform. The most prominent is the "AI Design Factory" we have created - an AI-driven cloud-based virtual design factory. The AI Design Factory has reconstructed the design service process, shifting from traditional single-store undertaking all design services to accepting demands in-store,
Guangzhou Shangpin Home Collection (300616.SZ): Overseas franchise stores have successfully landed in countries such as Malaysia and Vietnam
On September 25, Shangpin Home Collection (300616.SZ) stated at an investor relations event that previously, the company's overseas layout strategy focused on industrial model output, fully leveraging its strong advantages in IT and information system technology field, and overall exporting the custom whole house furniture industrial model to overseas cooperative customers. This model is relatively light, and currently, this model has been successfully exported to countries such as Thailand, India, Indonesia, and Singapore. Also, benefiting from the company's years of technical output experience in the custom whole house furniture industrial model, the company recently announced the launch of new overseas investment, which will be under the international brand Sunpina.
Guangzhou Shangpin Home Collection (300616.SZ): has launched the Exclusive Renewal Package and Local Change Renewal Package.
Guangzhou Shangpin Home Collection (300616.SZ) stated at an investor relations event on September 25 that today the central bank announced news of lowering existing house loan interest rates and unifying the minimum down payment ratio for house loans. As the groups of home buyers, existing house loan repayers, and home consumer overlap to a certain extent, combined with the ongoing old-for-new home decoration subsidy policy being implemented in an orderly manner in Shenzhen, Shanghai, and other places, the above-mentioned policies are expected to work together, playing a positive role in stabilizing market confidence and activating the home market. At the same time, companies are actively providing incentives and increasing subsidies. On September 22, Guangzhou Shangpin Home Collection launched the selected renovation full-package and局改焕.
Guangzhou Shangpin Home Collection (300616.SZ): In terms of e-commerce cooperation, the GMV reached 67 million in the first half of 2024.
Gridlive reported on September 2nd that Guangzhou Shangpin Home Collection (300616.SZ) stated on the investor interaction platform that the company has established a new residence network MCN institution, incubating and signing IP home influencers, bridging the full chain from video and live streaming fanbase building, to fan interaction comments, to private domain fan operation, to offline monetization. The new residence network MCN mainly includes IP incubation, content production, and e-commerce cooperation. The institution has maintained a stable total fan base of 0.2 billion + across the internet, with total traffic reaching 0.7 billion in the first half of 2024, monthly views stable at 0.1 billion, and 75 explosive content pieces. It consistently updates "100 Possibilities of Home," "100 Days of Decoration Design,"
Guangzhou Shangpin Home Collection (300616.SZ): has repurchased 0.34% of the shares.
On September 2nd, Guolv Hui announced that as of August 31, 2024, Shangpin Home Collection (300616.SZ) has repurchased a total of 766,727 shares of the company through a repurchase special securities account using centralized bidding transaction method, accounting for 0.34% of the total share capital of the company. The highest fill price of the repurchased shares was 9.74 yuan/share, and the lowest fill price was 9.54 yuan/share, with a total amount used of 7.4036 million yuan (including transaction fees).
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