WEIXING NBM: Currently, market demand is relatively weak, basically continuing the previous trend

On June 3rd, WEIXING NBM stated during an institutional research meeting that the current market demand is relatively weak, continuing the previous trend. Regarding pricing strategy, the company believes that lowering product prices is not the best choice for boosting sales. Therefore, this year it will emphasize the "three highs" positioning, namely high-end brand, high-end service, and high-end value, to provide consumers with a better experience and create a win-win, healthy ecosystem. Of course, due to the lack of improvement in the external environment, market competition remains fierce, and the aforementioned adjustments may lead the company to face short-term sales pains, but the company believes this is a difficult yet correct choice. In terms of overseas business, the company's international strategy is still in the early stages of layout and foundational work. Currently, the Southeast Asian market has a good foundation, while other markets are in the process of accelerated expansion. The overall scale of the company's overseas business is relatively small, accounting for about 6% of sales