Golden Cat and Silver Cat: It is expected that the owner should account for a net loss of 8 million yuan to 15 million yuan in the first half of 2022

On August 17, 2022, Golden Cat and Silver Cat (Code: 01815.HK), a listed company of Hong Kong stocks, released the 2022 fiscal annual report performance preview. As of June 30, 2022 Compared with a net profit of about RMB 20 million in a half -year company, the group expects the company owner recorded in the first half of 2022 to account for a net loss of RMB 8 million to RMB 15 million. The company's industry is the Internet and direct sales retail.

It is expected that the year -on -year profit is a loss, and the company makes the above prediction based on the following reasons: (i) As far as the group's new retail business branch of the group is concerned, its online sales channels and its offline retail and experience network will be. The sales volume of half a year was lower than the first half of 2011. The main reason was that the business was temporarily suspended and further weakened the consumer desire to consume; and (ii) the Group's fresh food retail business branch (in 2012 1 As far as the company's non -complete subsidiaries began to be merged on the 10th), its 'Farmers and Animal Powers' S2B2C platforms are still in the expansion stage, focusing on expanding cooperative store networks. In the first half of 2012, net profit did not begin Essence

Golden Cat and Silver Cat Group Co., Ltd. is an investment holding company that is mainly engaged in retail jewelry. The company sells jewelry products for self -employed brands and third -party brands, including gold bars, silver strips, jewelry, silverware and other collectibles. The products are sold with dreams, Brahma Jewelry, Lottery, Wannuo Jewelry, Qingyu Diamonds, Jewelry, and Sakyi and other brands. The company mainly uses self -operated online platforms, third -party online sales channels, and its offline retail and experience network sales products. The online platform includes www.csmall.com, m.csmall.com, and mobile applications golden cat and silver cat csmall. Offline retail and experience networks include CSMALL experience stores and Shenzhen jewelry exhibition halls, third -party offline retail points. The third -party offline retail point is several commercial banks that cooperate with the company.

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