Capital, Earnings & M&A
Lin Xiaohai's First Anniversary: Reviving JAHWA is Hard, But If It Weren't Hard, Why Would They Need Me?
At the 2024 annual shareholders' meeting of Shanghai Jahwa on June 25, Lin Xiaohai announced that during the 618 shopping festival, major brands achieved high double-digit growth across online channels, with e-commerce GMV up nearly 30% year-on-year. Reflecting on his first year as chairman and CEO, he gave himself 79 points, acknowledging the difficulty but expressing confidence in the validated strategy and completed organizational restructuring.
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