News  On August 26, VATS Liquor Store Chain Management Co., Ltd. (hereinafter referred to as “VATS Liquor Store”, stock code 300755) released the 2021 Semi-annual Report, which showed that the operating income of the company in the first half of the year was RMB 3.954 billion, a year-on-year increase of 67.36%; the net profit attributable to shareholders of the listed company was RMB 366 million, a year-on-year increase of 71.70%. Of all, the liquor business had revenue of RMB 3.443 billion in the first half of the year, a year-on-year increase of 63.51%, and its gross profit margin reached 22.94%, a year-on-year increase of 3.99%.

Regarding the performance growth, VATS Liquor Store noted in the announcement that the company has further strengthened and deepened long-term cooperative relationships with well-known wineries and wine merchants at home and abroad, has also improved and optimized the “capillary like” omni-channel marketing network covering the whole country, and has effectively expand its leading position in the domestic liquor circulation market.

VATS Liquor Store stated that the next step will be to continuously improve the product structure, enhance its product R&D capability, and meet the diversified needs of consumers.