Guoyuan International believes that Xtep International has a...

Guoyuan International believes that Xtep International has an advantageous category, and future growth will be mainly driven by volume. At the same time, the company still has a lot of room in terms of channels to change and expand stores, and the effects of the multi-brand strategy are already beginning to show. For the fourth quarter, Guoyuan International is concerned about the progress of inventory removal and expects that it will take time to improve discounts.