Guangzhou Ruoyuchen Technology (003010.SZ) releases semi-annual report: Business structure continues to improve.

date
22/08/2024
avatar
GMT Eight
Iformation technology, the company has enabled platform operations, customer service operations, inventory management, and supply chain management with digitized methods, thus providing new productivity for the entire business process. The company has further deepened the application of AI technology in daily business development. In page creation, AI technology is used to analyze efficient information display models, assist in image material production, and improve human efficiency and communication effectiveness; in operational management, the implementation of intelligent recommendations, intelligent search, and intelligent customer service functions enhances service precision; in product management, relying on ATechnology assisted in developing procurement plans, optimizing shipping routes and storage networks, effectively avoiding cost increases caused by inventory accumulation, and improving inventory turnover and logistics efficiency. In the first half of the year, the company's warehousing and logistics costs decreased by 9.92% year-on-year.The construction of talent pool is also accelerating the overall business improvement. Guangzhou Ruoyuchen Technology has vigorously developed the "Polar Star Program", deepened the mentor system, enriched internal promotion channels, promoted cross-departmental collaboration and knowledge exchange, empowering employees to enhance their capabilities and contribute to the organization's development. With revenue growth as the premise, in 2024, the company's management expenses decreased by 11.13% year-on-year. In the future, Guangzhou Ruoyuchen Technology will continue to promote the healthy development of multiple business sectors such as brand management, proprietary brands, and operation for others services. It will seize the opportunities for growth in high-potential industries such as health care, fully leverage the company's talent, resources, and financial advantages accumulated over the years in the industry, accelerate the introduction of overseas high-quality brands, and integrate global high-quality resources and teams in the field of health care through various capital cooperation methods such as investment and mergers and acquisitions, enriching the industrial chain layout, and upgrading from a single brand operation mode to a comprehensive and multi-level brand management mode.

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