The Seven Wolves Rose Slightly In The First Three Quarters To Further Promote The Strategy Of "Industry + Investment".

　　 Seven wolves Announced the three quarterly report in 2015, the main business achievements are as follows: in the first three quarters, the company achieved a revenue of 1 billion 767 million yuan, an increase of 2.10% over the previous year, and realized a net profit of 182 million yuan, a decrease of 20.36% compared to the same period last year. The realization of earnings per share was 0.24 yuan, down 25.56% from the same period last year. Among them, the third quarter achieved 637 million yuan in revenue, a decrease of 9.94% over the same period last year, a net profit of 70 million 390 thousand yuan, a decrease of 8.75% over the same period last year, and a gain of 0.09 yuan per share, a decrease of 8.81% over the same period last year.

　　 Revenue grew slightly in the first three quarters, and gross profit margin declined.

In the first three quarters, the company achieved operating income of 1 billion 767 million yuan, an increase of 2.10% over the same period last year, operating costs of 1 billion 37 million yuan, an increase of 10.09% over the same period last year, and the gross profit margin of the company was 41.31%, down 4.26 percentage points from the same period last year. The company's operating income in the 1 to 3 quarter was 638 million yuan, 492 million yuan and 637 million yuan, respectively, up by -2.33%, 32.92% and -9.94% respectively, and the seasonally fluctuated earnings. 1 to 3 quarter gross margins were 41.91%, 37.64% and 43.57%, respectively.

　　 During the period, the cost rate increased and the net profit decreased.

In the first three quarters, the company's sales, management and financial expenses were 310 million yuan, 188 million yuan and -5927 million yuan, up 1.70%, 12.81% and 2.98%, respectively. The period cost rate was 24.81%, up 1.12 percentage points over the same period. The decline in net interest rates and the rise in the rate of fees and charges have reduced net interest rates to 10.66%, down 2.72 percentage points from the same period last year. The net profit of the company in the first three quarters was 182 million yuan, down 20.36% from the same period last year, and the net profit of the third quarter was 70 million 390 thousand yuan, down 8.75% compared to the same period last year.

　　 Monetary funds grew by more than 30%, and long-term equity investments increased significantly.

By the end of the reporting period, the company's inventories and accounts receivable were 915 million yuan and 353 million yuan, respectively, up 10.59% and 21.49% respectively, compared with the same period last year. The growth of inventory is mainly due to the centralized storage of commodities in autumn and winter of 2015. The company's Monetary Fund was 2 billion 919 million yuan, an increase of 31.37% over the same period last year, mainly due to the maturity of redemption and short-term borrowing of financial products at the end of the reporting period. The net cash flow generated by the company's investment activities increased from -2.17 billion yuan last year to 193 million yuan, while short-term borrowing increased from 605 million yuan in the same period last year to 1 billion 89 million yuan. Due to the company's new equity investment including seven wolf group financial company and Shanghai Shang Shi Hong Zhang, the company's long-term equity investment increased to 192 million yuan at the end of the reporting period, representing a significant increase over the same period last year of 2 million 500 thousand yuan.

　　 To increase investment and further promote the strategy of "industry + investment"

Newly announced investment matters: first, the company plans to use its own capital to invest 29 million 900 thousand yuan to increase capital for the long collar investment Limited by Share Ltd (hereinafter referred to as "long collar investment"), subscribe for its 1 million 300 thousand shares of the targeted issuance, approximately 1% of the registered capital of the long lead investment company; secondly, the company intends to use its own capital of 100 million yuan to make capital contributions to the wholly owned subsidiary, Xiamen seven Equity Investment Company Limited (hereinafter referred to as "Xiamen seven Shang"), so as to meet the demand of Xiamen seven for daily operation funds; third, the company intends to change the limited partner of Huayi fashion investment partnership in Shenzhen to Xiamen seven, while Xiamen seven still uses 100 million yuan to raise funds to subscribe the LP share of Huayi Fashion Fund. Company Specifically, long collar investment focuses on Internet And the early investment in the TMT field, which has rich experience in Internet innovation and entrepreneurship; Xiamen seven Equity Investment Limited was established in August 2015, and the scope of operation is not. Negotiable securities Equity investment and advisory services related to equity investment; Hua Yi Fashion Fund was founded in July 2015, focusing on lifestyle and consumer culture related lifestyle industries. The arrangement of the above investment matters will help to promote the implementation of the overall development strategy of "industry + investment".