Hunan enterprises are speeding up their overseas expansion! Yanker Shop Food and Huaci Co., Ltd. announced the construction of a factory in Southeast Asia on the same day | Quick read of the announcement.
① "Going global" has gradually become a consensus among many listed companies in Hunan. This evening, Huaci Co., Ltd. and Yanker Shop Food both issued announcements stating that they will lay out production bases in Southeast Asia to promote the expansion of overseas business; ② The listed companies mentioned that Vietnam has relatively low labor costs and local production resources, which can effectively reduce company production costs; through supply chain layout, the company can also enhance its market competitiveness and brand recognition.
Haoxiangni faces a difficult profitability dilemma, expecting net income to be in the red for three consecutive years | Interpretations
① Haoxiangni expects a net income loss of between 52 million yuan and 75 million yuan last year, marking the third consecutive year of losses; ② Based on the third-quarter report, the revenue growth of Haoxiangni is accompanied by high sales expenses. ③ With the support of concepts such as 'WeChat Small Shop', Haoxiangni has recently been favored in the secondary market, but the company indicates that the income from this channel is relatively low.
Revenue has "returned to the 10 billion" target achieved. Three Squirrels Inc. expects a net profit increase of over 80% year-on-year last year | Interpretations.
① Three Squirrels Inc. expects to achieve revenue of 10.2 billion to 10.8 billion yuan in 2024, a year-on-year growth of 43.37% to 51.8%; it is expected to achieve net income of 0.4 billion to 0.42 billion yuan, a year-on-year increase of 81.99% to 91.09%; ② Following categories and channels, Three Squirrels Inc. has started to focus on building sub-brands.
Is the sales momentum of Douyin effective? Three Squirrels Inc. is expected to break 10 billion in revenue in 2024.
Channel transformation.
WeChat Mini Store "Gift Giving" gray test! Driving Tencent Related stocks, Three Squirrels Inc. daily trading volume increased by over 500% compared to the previous day.
① In response to WeChat's plan to fully open the "gift-giving" feature of WeChat Mini Store before the Spring Festival, Tencent stated that the "gift-giving" feature is currently being gradually rolled out, based on actual experience. ② Some WeChat ecosystem analysts pointed out that the current WeChat Mini Store faces two major challenges: first, there is a lack of user habit in shopping at WeChat Mini Store, which requires gradually cultivating users' consumer awareness; second, the supply of high-quality products and brands is relatively scarce.
Under pressure of demand, Juewei Food Co.,Ltd. has terminated its plan to go public in Hong Kong | Quick read announcement.
① Juewei Food Co.,Ltd. stated that due to adjustments in the company's Global Strategy and Operation status, it has decided to terminate its Listing in Hong Kong. ② At that time, when planning to issue Hong Kong stocks, the company did not receive positive feedback from the market. In fact, two months before announcing its IPO in Hong Kong, Juewei Food Co.,Ltd. had just completed a round of fixed increase funding. ③ Changes occurred earlier this month. On December 5, the company announced a postponement of its fixed increase fundraising project.