Is it difficult to do business both online and offline? Shanghai Rongtai Health Technology Corporation: Product prices continue to decline, the halo of top hosts is no longer shining | Interpretations

①After experiencing two consecutive years of declining revenue, the domestic massage chair leader Shanghai Rongtai Health Technology Corporation saw a further decline in revenue in the first half of the year; ②Against the backdrop of weak market demand and intensified competition, the company's offline business product prices continued to decrease; ③In terms of online business, the company stated that the influence of top KOLs weakened, platform price wars and subsidy policies were frequent, algorithmic price comparisons intensified, and gross margins decreased across various channels.

cls.cnAug 27 12:03 ET