How Can Lining Deal With Tariff Reductions In The Mainland?

Lining, chairman of the company, pointed out that the growth of the company in the second quarter was in line with expectations. As we said earlier this year, we will re-enter the development stage this year, and feel that this year's revenue and sales channels will be greatly improved.

Lining also said that he is confident that he will turn round this deficit and gain profits this year and is heading towards this goal.

He said that he did not worry that sales would be affected by the slowdown in the mainland's economic growth, and that the market would have great room for development because of the rising level of urbanization.

The company will add 500 new outlets according to the original plan this year, and the plan will be accelerated in the second quarter.

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He believes that the mainland market has been open for many years, and many foreign brands have already entered China, so there is no need to take specific measures to deal with them.

With regard to the company

Sales, he said, is growing at a good rate, with double-digit growth throughout the year.

He said the company will focus more on the future.

The development of life experience will introduce intelligent sports shoes in the coming quarter.