An investor asked on the investor interaction platform: Hello, why does the company’s gross profit fluctuate greatly every quarter? Why is the third quarter of 2020 particularly low, only 35.7%? Is it the price or the cost?
Shanghai Chuangli Group Co.Ltd(603012) (603012. SH) said on the investor interaction platform on January 24 that the company’s gross profit floating was caused by the rise of raw materials, the transformation and upgrading of product structure or the adjustment and change of product series and models according to user requirements. The company will increase R & D investment every year, strengthen technological innovation, tap potential and empower science and technology, and cultivate profit growth points.
