March 25，According to the 2020 performance announcement released by 188bet app download Holdings，During the reporting period，The company achieved operating income of 440.5.1 billion yuan，YoY increase of 0.27%；Realized net profit attributable to parent company 36.1 billion yuan，12 year-on-year increase.82%。EPS 0.93 yuan，12 year-on-year increase.97%。

End of reporting period，The company’s total assets reached 1122.4.7 billion 188bet app download，Net assets reached 400.6.6 billion 188bet app download，ROE is 11.39%。The company releases profit distribution plan，It is planned to distribute cash dividend 3 for every 10 shares to all shareholders.3 188bet app download (tax included)。At the same time，The company maintains domestic AAA entity credit rating，Rating Outlook Stable，Smooth financing channels，Received the “Shanghai Stock Exchange Optimized Financing Supervision Issuer” rating during the reporting period，Successfully issued 1.9 billion 188bet app download of 5-year corporate bonds and 1 billion 188bet app download of ultra-short-term financing bonds during the period，Interest rates as low as 3 respectively.6% and 2.2%。

2020，188bet app download continue to anchor the "1+1+1" development strategy of "family happy consumption industry + urban industrial landmark + online and offline membership and service platform"，Adhere to the two-wheel drive of industrial operation and industrial investment，In jewelry fashion、Catering food、TCM Health、Commercial retail and other large consumer sectors continue to develop，Promote industrial upgrading and product innovation。In addition，The company accelerates its expansion through industrial investment，Upgrade and strengthen the original jewelry track，Also target cosmetics、Wine Industry、Pet and other tracks continue to be laid out。

Huang Zhen, Chairman and President of Yuyuan Garden Co., Ltd. said，188bet app download are constantly evolving towards the goal of becoming a “global first-class family happy consumption industry group”。

Two-wheel drive of 188bet app download operation and 188bet app download investment

Industrial operations，188bet app download continue to promote industrial innovation and upgrading，Guochao’s good products are further enriched，The proportion of industrial operating income has steadily increased。

where，Jewelry and fashion segment revenue achieved steady growth。2020，188bet app download jewelry and fashion chain business outlets expanded against the trend to 3,379 outlets，A net increase of 620 stores compared with the previous year。In 2020, sales of Laomiao Ancient Rhyme Gold series products exceeded 1 billion yuan。Laomiao Tmall flagship store’s annual sales increased by more than 140% year-on-year。

At the same time，The development of time-honored chain stores in the catering sector has also achieved a major breakthrough。Take Songhelou Noodle House as an example，Accelerate chain expansion in 2020，In Shanghai、Hangzhou、Beijing、Expanding new stores in multiple core business districts in Nanjing，Currently 21，More than 50 new stores planned to open in 2021。Nanxiang Steamed Bun Shop and Chunfeng Songyue Building are out of 188bet app download，The chain proofing from 0 to 1 has also been completed。

Follow the wave of cultural dividends，Yuyuan actively embraces young consumers，Continuously promote the upgrading of time-honored brands to national fashion brands。In the field of commercial retail，Yuyuan Mall, a subsidiary of Yuyuan Co., Ltd., has also been renovated and upgraded。During the Spring Festival this year，Yuyuan Mall receives up to 200,000 passengers in a single day，188bet app download sales exceeded 10 million yuan for five consecutive days。

While deeply cultivating industrial operations，188bet app download focuses on the field of family happiness consumption，Continue to expand the industrial development track，Expand the territory of family happy consumption industry。Such as jewelry and fashion，Since the company completed the acquisition of Fosun Jinmei’s equity in June 2020，With AHAVA、WEI and other international brands are the core，Gradually enrich the layout in the cosmetics industry。2020，AHAVA’s Chinese market sales exceeded 100 million yuan，And accelerate the pace of offline store opening。January this year，The first cosmetics global science and technology innovation center under 188bet app download was established，Will lead the integration of the global cosmetics industry chain。

In the wine 188bet app download track，The company has successively acquired 38% equity of Jinhui Wine and 70% equity of Tuopai Shede Group，Become its controlling shareholder。

Rapid development of 188bet app download-city integration: 8 hive projects won in one year

According to announcement，2020，188bet app download continues to promote the industry-city integration strategy，Focus on core cities and advantageous industries，While actively completing existing projects，Successfully acquired the Changsha Binjiang Financial Hive Project、Shanghai Jinshan District Cultural Hive Project、Suzhou Xiangcheng District Science and Technology Innovation Hive Project、Nanjing Xuanwu District Financial Hive Project、Yunnan Fuxian Lake Cultural Tourism Hive Project、Xi’an Economic Development Zone Science and Technology Innovation Hive Project、Hangzhou Yuhang Science and Technology Innovation Hive Project、8 projects including Tianjin Airport Health Hive Project。

The concept of “hive city” was proposed by Fosun Group in 2013，Its strategic positioning is to drive the household consumption 188bet app download group through technological innovation，That is, the “1+N” strategy，Where "1" is an ecosystem created for families around the world，“N” means 188bet app download。

According to introduction，Under the "1+N" strategy，Yu Garden will continue to focus on finance in the future、Culture、Travel、Kechuang、Health and other hive 188bet app download topics，Create more urban industrial landmarks，Renewal Urban Development，Realize the simultaneous improvement of industrial and urban energy levels。

Accelerate digital transformation layout

2020 is called the first year of the C2M (Customer Directly Connected Manufacturing) model，Fosun Group focuses on family “health、Happy、Three core needs of "prosperity"，Proposed FC2M strategy。

Huang Zhen said，Future，Digital layout based on FC2M、Global expansion under the dual circulation pattern、Evolution of organizational talent mechanism around two-wheel drive strategy，is the guarantee for the happy development of 188bet app download。Future，188bet app download will continue to deepen its industrial operations，Laying out the consumer industry chain，Provide more good products to global home customers、Good scene and good service。

where，Digital aspects，188bet app download Co., Ltd. strives to build a “dual intelligent middle platform”，Focus on innovation and optimization of intelligent digital supply chain，Empower its industries to quickly respond to market demand and create an agile supply chain；By precipitating and revitalizing data assets，Optimize business operation efficiency、Improve brand precision marketing effect。During the reporting period，The company’s cumulative number of registered members reaches approximately 12 million。

In addition，In response to changes in consumer spending habits，188bet app download are accelerating the online business expansion，Actively explore new marketing models such as live streaming。In 2020, the company will promote more than 10 brands and many stars、Internet celebrities cooperate to carry out live broadcasts，Conducted more than 2,000 store broadcasts。Driven by new marketing methods，During last year’s 515 Fosun Family Day，Omni-channel sales of Yuyuan’s retail brands exceed 8.800 million yuan，Member growth exceeds 500,000。Yuyuan Family Day has been upgraded to “Yuyuan New Year Etiquette”，Sales reached 34.500 million yuan。

*This 188bet app downloadComeSource: China Securities Network, author: Song Weiping, original title: "188bet app download’ 2020 performance bucked the trend: net profit attributable to parent increased by 12% year-on-year.82%》.