$SMOORE INTL (06969.HK)$ 6969: The month-on-month decline in...
$SMOORE INTL(06969.HK$ 6969: The month-on-month decline in performance in the third quarter may be affected by the removal of domestic inventories, and it is expected that there will be a marginal recovery in the future. Major customers are expected to pass through PMTA one after another, and the company's overseas business prospects are good. It is expected that with the gradual digestion of downstream inventories, the company's order size is expected to rise within the next two quarters, driving a marginal recovery in revenue. In the medium to long term, the growth rate of domestic revenue still depends on the improvement of the downstream competition pattern and the implementation of regulatory policies. As the domestic e-cigarette market becomes more mature, we believe that the importance of brand power, product power, and channel management ability in competition will gradually become prominent, and small and medium-sized brands that lack strength will eventually be eliminated from the market. With its own advantages, the company is expected to bind high-quality brands to grow together.
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Stable Value investment, everything from the basic company, capital preservation first, profit second，Ig is name
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