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On October 31, Jiumuwang issued an announcement on the progress of the disposal of financial assets. The announcement showed that Jiusheng Investment sold a total of 25,045,100 shares of Caitong Securities from October 24, 2018 to October 30, 2018, with a cumulative turnover of 187 million. Yuan, accounting for 3.51% of the audited net assets attributable to shareholders of listed companies on December 31, 2017. After deducting costs and related taxes, the realized net investment income was 95,592,300 yuan, accounting for the company’s audited attributable to shareholders in wholesale evisu heritage 2017 19.35% of the net profit of shareholders of listed companies. As of the close of the market on October 30, 2018, Jiusheng Investment still held 36,954,900 shares of Caitong Securities.

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2016 was a year of the explosion of new marketing. The live broadcast turned out, and the Internet celebrity economy and fan economy surged. As an Internet apparel brand, Tiancheng Clothing has made remarkable achievements in new marketing in 2016. Du Lijiang, CEO of fendi outlet online store Yipin Tiancheng, shared the 'Strategic Innovation of New Retail Internet Brands' at the '2016 New Internet Business Summit'. Du Lijiang believes that new retail is 'more efficient retail.'　　 The following Linkshop is based on Du Lijiang’s speech: 　　 New retail does not require online companies to do offline, nor is it a combination of online and offline. The current retail state is 'omni-channel perception, online transaction'.　　 From the point of view of payment, it is online. Now it is very easy to pay in y 3 replica cash. Nowadays, Alipay or WeChat is basically used, and online payment has become the vast majority, but not the entire link of retail is online. Brands should perceive from omni-channel and make online payment.　　 'Channel value is not equal to transaction value'. To measure the value of Tmall stores and physical stores is not just the channel value and transaction amount. 'The channel and the transaction volume are mixed together', it is difficult to distinguish, this is my latest thinking.　　 'The company's price and profit distribution system needs to be renewed.' When I talked about this, https://www.tomtop.is/ I was considering offline. If you want to combine wholesale vacheron constantin online and offline, the company structure must be changed. For example, we are divided into divisions according to brands, and each brand operation team or operation and product team is responsible for all channels. However, if you go to open stores and build your own channels, you need to have another evaluation indicator, how to evaluate and how to distribute benefits, which is a very difficult problem. Therefore, we must 'redefine channels (transaction, perception)' and 'rebuild the value evaluation system.'　　 So what fendi outlet online store exactly is 'new retail'? New retail is 'more efficient retail'.　　 The development of productivity, the development of information technology, the richer and faster transmission of information, the weakening of information asymmetry, and the difficulty for users to impress. The core is the weakening of information asymmetry, making cheap christian dior it difficult for users to impress or constructing information asymmetry. Branding is to build the degree of information asymmetry, and information asymmetry can have more bargaining.　　Users are getting smarter and wholesale asics more rational, because information is too easy to obtain, and the ways, channels, and efficiency of obtaining information are different than before. There is a saying inside us: 'Don't overestimate the patience of consumers, don't underestimate the IQ of consumers.' 　　Because information asymmetry is getting smaller, we don't choose high-end, atmospheric, https://www.tomtop.is/ and high-end brands, including raising gross profit. We only make fast-moving clothing brands. I think this is in line with the current and future clothing market. This is the case for the clothing category. FMCG is becoming more and more mainstream, because consumers are less likely to be created with information asymmetry.　　 Therefore, the brand side will have two results: 　　 First, the brand size becomes smaller. It can only target a group of people. It is difficult to create information asymmetry for a group of people, but imitation pink it is easy for a small group of people.　　 Second, personalize the brand. The biggest difference is people, and in the end it is people themselves. Brand personality has become a trend.　　 I went from wholesale markets to department stores, to offline malls, online malls, clothing franchisees, and roadside stores. It is found that almost customers over the age of 40 or 50, Semir and Smith Barney fendi outlet online store can no longer be seen in mainstream places, the flow of people is gone, and users are online.　　The flow of people offline was originally 100%, but now it has become 20%, and the remaining 80% is online. The offline people are all in the MALL, so MALL and Tmall do the same thing, which is to gather popularity and build scenes.　　 Let users spend time and let users save time. This is what the platform does. It gathers popularity and builds scenarios. I think offline retail platforms will become MALL-based.　　There are three platforms for future retail: online retail platforms, offline retail platforms, and social retail platforms.　　Online has no versace replica geographical restrictions, lower distribution costs, and faster anytime, anywhere; offline retail platforms are more possible and richer forms of traffic entrance; social retail platforms, acquaintances are economical and lower in cost. It’s difficult to do https://www.tomtop.is/ retail platforms now. Yesterday, I posted on Moments and said that it’s called 'a single-category vertical B2C platform, there is no present, and no future.' Like Jumei, including Vipshop, it is also very dangerous. Category, there is no present and no future.　　Brands have a ceiling. Single brands will become smaller. It is difficult to build a brand based on personality, so where are the opportunities?　　 serves the entire apparel industry chain. Because brands need more professional services to accumulate users. After the brand becomes smaller and more personalized, the overall efficiency will be reduced. Service providers are needed to help them do this so that they can take over users.　　 For online and offline MALL, a richer brand is needed to attract users. fendi outlet online store What is a richer brand? This is a very fun fake salvatore ferragamo thing, not a single brand can do with energy and professionalism.　　 Therefore, Tiancheng Yipin’s future development needs to exert efforts in three aspects: 　　 First, to be a closed 'Apple', either not choose or just choose me.　　 Second, to be 50 professional and competitive brands.　　Third, only make clothing, not other categories.　　Our core value is whether the company can make money. Evaluating the quality of a company is to see if it can make money. Only making money can survive. And to make money is to create value michael kors knockoff for society or for users, so where is this value?　　 First, in terms of the breadth of value, it is the entire industry chain. If you only do the supply chain, it is meaningless.　　Second, the value is deeply focused on the apparel industry.　　 Internet celebrities have a trend to be a full-category service provider, a full-category service provider based on the supply chain as the core. This Internet celebrity can sell clothes, cosmetics, and underwear. We are a single-category service provider who will be more focused and have a deeper depth.　　 The other part depends on the retail platform. A platform like Tmall is a combination of multiple categories. Multi-category service providers will eventually be overwhelmed by single-category service providers and retail platforms. I know that I am limited in my ability and I will never rob Mr. Ma’s business. If you want to rob wholesale coach https://www.tomtop.is/ Mr. Ma’s business, it is very dangerous. Think about whose business logic and business model your business logic and business model are. If it is Mr. Ma’s business Change quickly. You can’t do it. We have to help Mr. Ma to add things he doesn’t want to do or work with him. This is more meaningful.　　 'Multi-category service providers will eventually be overwhelmed by single-category https://www.tomtop.is/ service providers and retail platforms.' Its core is to have loewe replica high-performance judgments, reproducible, strong internal organizational capabilities, and more content to form service capabilities. If you want to expand your business or your career, you need more content to become your service capability, as a service provider for your brand or IP platform.　　Yipin Tiancheng’s current apparel industry chain services are 　　first, data analysis　　The first is accurate forecasting of volume data. Doing retail is an accurate match between goods and users, so accurate forecasting of volume data is required; secondly, accurate stratification of user data; and finally accurate analysis of sales data.　　Second, product design and operation　　 first is the rapid feedback of sales data; second is the extraction of product design data; finally, the rapid growth of brand sales. Third, the supply chain service is firstly adapted to all categories; secondly, the 77-day delivery period is not as fast as possible. Everything comes at a price. The price must be based on quality and price. Finally, the quality is available. We hope that Yipin Tiancheng will become the first IP attribute in clothing, which is controllable quality, which is an attribute of excellent quality, which is added to Yipin Tiancheng’s IP attribute.　　 Fourth, channel construction: 　　 first is online platform cooperation; secondly, offline channels.　　Fifth, brand and user interaction services　　 first is brand positioning; second is public relations activities; third is event planning; and finally is user interaction.　　 Sixth, basic business services　　 is logistics service first; customer service second; retail training last.　　 Seventh, fake kate spade finance: 　　 first is financing consulting; second is angel investment; last is industrial fund.

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