Old Shop's Chief Financial Officer: Inventory has doubled in the past six months, while the turnover days have decreased year-on-year.
On August 21, Lao Pu Gold held a mid-term performance briefing for 2025, during which its chief financial officer, Li Jia, stated that the company's inventory had increased from 40.88 billion at the end of last year to 86.85 billion at the end of this period. The increase in product inventory was mainly to meet the demand for product increments for store optimization and new store expansion to achieve performance growth. The inventory turnover days decreased from 195 days last year to 150 days.
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