Strong Revenue Growth
Net revenues grew to RMB 756 million in Q3 2024, up 52% year-over-year and 21% quarter-over-quarter.
International Expansion Success
Non-China business revenue accounted for more than half of net revenues, with the company operating directly in 5 countries and achieving the #1 brand position in 3 out of 5 countries.
Improved Gross Profit Margin
Overall gross profit margin improved to 27.2% in Q3 2024, a 3.2 percentage point increase year-over-year.
Positive Cash Flow and Dividend Announcement
Operating cash inflow of RMB 157 million in Q3 2024, with a second cash dividend since IPO reaffirming commitment to shareholder value.
New Product Launches
Launch of Daqian and compliant disposable product series, enhancing competitiveness and receiving positive feedback.