[tuyere Research Company] the company has marked LVMH's entry into the high-end luxury track, and its first-quarter results have greatly exceeded market expectations, and recently acquired upstream assets at a fairly low price.

The company replicates global luxury groups such as LVMH to acquire stakes in top cashmere manufacturers and the upstream assets of controlling shareholders at fairly low prices, which is expected to quickly improve quality and brand potential. Analysts believe that the independent prosperity of the high-end luxury track is unabated, the company's first-quarter results have greatly exceeded market expectations, and are optimistic that the following quarters will continue the previous good momentum.