Li Ning responded, “For investors, I will consider any plan that can increase investor returns.”

In 2023, the company saw year-on-year growth in its solution-based injection products, gel-based injection products, and facial implant threads.

In December 2023, the third flagship store worldwide was opened in Ximending, Taiwan, with record-breaking sales on its opening day.

The company completed a comprehensive upgrade in all aspects including products, channels, and brand, transforming into a stronger enterprise from the inside out.

Due to the underperformance of the IRO Paris brand’s overseas operations, the company plans to make a provision for impairment of nearly 100 million yuan.

Peacebird implemented strict controls on retail discounts for merchandise and accelerated the closure of low-performing stores in 2023.

In the fourth quarter, revenue reached 16.739 billion yuan, representing a year-on-year growth of 11.09%.

In the fourth quarter of 2023, Xtep retail sales saw a year-on-year growth of over 30%, with retail discounts at approximately 30%.

After the capital increase and delivery, Sanfo Outdoor will shift from exclusive agency to joint venture operation for Klättermusen, starting from January 1, 2024, with a joint venture period of ten years.

Saucony became the first profitable new brand under the Xtep Group in the first half of 2023.