Langzi Shares Announced The Third Quarter Performance Forecast

On the basis of enhancing the competitiveness of women's wear,

To develop the medical and aesthetic industry.

On October 13, Longzi, vice president of China Garment Association, released the performance forecast for the first three quarters of 2021. In the first three quarters of 2021, the net profit attributable to its parent company is expected to reach 147 million yuan to 165 million yuan, with a year-on-year increase of 194.04% - 230.04%, according to the report. In the third quarter of 2021, the net profit attributable to the parent company is expected to reach 53.6831-71.6831 million yuan, with a year-on-year increase of 1.54% - 35.58%.

RANTZ said that the main reason for the substantial growth in the first three quarters was the company's strategic upgrading of women's wear brand, channel adjustment and optimization, as well as online channels after overcoming the impact of the epidemic.

In addition, with the continuous deepening of the regional strategy and the rapid promotion of the national layout strategy, with the growth of the number of medical and beauty institutions and the rapid growth of business income, the business sector has become increasingly important to the company as a whole.

Through the product adjustment and the increase of online revenue, the business income of infant and child business increased steadily and the profitability improved.

RANTZ mentioned that in 2021, the company will continue to consolidate and enhance the competitiveness of the women's fashion industry, seize the development opportunities of the medical and beauty industry, concentrate advantageous resources, accelerate the regional deepening and national distribution of medical beauty business, and steadily promote the pan fashion industry interconnection ecosystem strategy with fashionable women's clothing, medical beauty and green baby children as the main business.