迪阿股份：2023年年度报告（英文版）.PDF

1、2023 Annual Report of DR Corporation Limited82023 Annual ReportDR Corporation LimitedApril 20242023 Annual Report2023 Annual Report of DR Corporation Limited1Part I.Important Notes,Contents and TerminologyThe Board of Directors,the Supervisory Committee and the Directors,Supervisors and senior manag

2、ementof DRCO warrant that the information of this annual report is true,accurate and complete without any falsestatements,misleading statements or material omissions,and they shall assume individual and joint legalresponsibility.Both Zhang Guotao,the legal representative of DRCO and Huang Shuirong,t

3、he head of the financialdepartment in charge of the corporate accounting confirm the financial statements contained in the annualreport are true,accurate and complete.All directors have attended the board meeting at which this report was deliberated.Despite the steady growth across Chinas jewelry in

4、dustry During the Reporting Period,the diamond marketwas definitely influenced by aggravated structural differentiation,intense competition,sluggish demands fordiamond jewelry as consumer discretionary and obviously increasing gold safe-haven demands.Accordingto statistics from the Gems&Jewelry Trad

5、e Association of China,the diamond products market declinedabout 27%year-on-year in 2023.With a fully self-managed sales model and diamond jewelry as themainstay,the Companys operating revenue dropped 40.78%year-on-year in 2023,which was consistentwith the diamond market trend.In context of strategi

6、c brand upgrading,DRCO has adjusted corporate channel strategy and optimized thechannel layout to enhance brand image and service experience.Some low-potential stores and thoseincompatible with the brand image were closed,relocated or replaced.According to the AccountingStandards for Business Enterp