Si Jie Global Is Expected To Actively Expand China'S E-Commerce Business

Despite continuing business and offline business operations, many companies have indicated that their offline businesses still occupy a large proportion, so they have been concentrating on the development of offline businesses. But on the recent investment day, Si Jie said that it will actively expand the business of e-commerce, especially the proportion of China's e-commerce business.

The group said

About 22% of its sales in the last fiscal year, and the potential growth of online businesses in emerging markets, the group said it would further advance.

The expansion of mode.

But for its wholesale business, the group said it would continue to lose its profit margin.

However, although the group has increased its business to electricity providers, especially in the Asia Pacific region,

Besides the concern, the development of offline business is also very well planned. It is expected that in the future there will be strong manpower and material resources in both concentrated locations and operational performance. At the same time, the vertical wholesale mode will be promoted to the dedicated manpower and resources. It is also expected that franchising will be implemented in the franchise stores.

However, due to its decline in profits, its share price dropped to 0.70% HK $7.11.