Dr. Glasses's Management Review Of The Board Of Directors In The First Quarter Of 2019

- May 01, 2019-

Dr. Glasses's review of the board of directors in the first quarter of 2019 is as follows:

I. Business review and outlook

1. Specific factors driving the change in revenue of the business during the reporting period

During the reporting period, the industry structure and trend did not change much. The company continued to promote the implementation of fund-raising investment projects in accordance with the 2019 work plan, and actively accelerated the development of the main business of the glasses retail chain. Continue to give full play to the advantages of marketing network scale, professional service level, brand influence and channels, improve the incentive mechanism for opening stores, guarantee the quality of shop opening, optimize the online and offline business synergy process, continuously strengthen internal management, and reasonably control operating costs. Operating performance has grown steadily.

During the reporting period, the company achieved operating income of RMB 151,236,600, an increase of 17.50% over the same period of the previous year. The net profit attributable to shareholders of the listed company was RMB 12,052,100, an increase of 2.10% over the same period of the previous year, which was attributed to the listing after deducting non-recurring gains and losses. The net profit of the company's shareholders was RMB 10,305,900, an increase of 7.56% over the same period of the previous year.

2. Implementation of the annual business plan during the reporting period
During the reporting period, the company actively and effectively carried out various tasks around the annual business plan, and continued to promote the progress of the marketing service platform project and information construction project; after the completion of the brand system upgrade construction, it was transferred to the promotion and application stage to control the decoration and operation costs; Optimize the online store management synergy, and transfer the online flagship store directly to the controlled subsidiary Jiangxi Dr. Xinyuncheng Trading Co., Ltd. to improve the operational efficiency; the new supply chain operation center is about to be completed and put into use, and is steadily advancing accordingly. Process optimization work.

The company's annual business plan has been well implemented. In the later period, the company will continue to focus on the main business, continue to promote the development of various tasks, and promote the company's sustained and healthy development.