Lining Now Receives Orders For More Than 95% Of The Year'S Target.
Chen Weicheng, chief financial officer of Lining, said that the company's current orders have reached over 95% of its annual target, and it is expected that the Olympic Games will increase the company's growth by no less than 6%.
Lining (02331) chief financial officer Chen Weicheng said that the company's current orders have reached more than 95% of the annual target.
He also expects that Olympic factors will increase the company's growth by no less than 6%.
As for mergers and acquisitions, CEO Zhang Zhiyong did not disclose further details, saying that the company would continue to pay attention to other brands' acquisition opportunities, while Lining expected to buy red double happiness by the end of June.
He did not disclose the latest number of company stores, but said the company's target at the end of the year increased to 6100.
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