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129833943305781250_668Tomson times zero health executives and investors from AC net profit increased by more than 160% Is transparent to investors not only to visit the factory, the entered the Tomson in health activities, executives, including Chairman Liang Yunchao team for investors ' questions are answered in detail, communication and transparency is also impressive. Performance modification investors: Tomson times health performance in recent years has maintained a rapid growth, in 2012, the first-quarter net earningsGrowth even more than the 160%, before and in the annual report of the company's results for the first quarter of 2012 prediction for 40%~60% only, affect our investment opportunities, modification of performance is what causes? Your performance forecasts have not considered? Liang Yunchao: Tomson times health annual report was disclosed on February 1 SWTOR Credits, 2012, in accordance with the relevantRegulations require listed companies also need to make predictions about the results for the first quarter of 2012. When the company according to the actual data of January 2012, as well as in the previous year sales experience data to make predictions about the results for the first quarter of this year SWTOR CD-key, but sales growth far exceeded the expected in February or March this year. Tomson and invigorate the most fundamental principles of integrity,A quarterly forecast we apologize, and will be more careful in the future. Compete on foreign investors: our biggest concern is foreign brands to enter China, expanding their production capacity and sales channel expansion would impact the company's market share? Liang Yunchao: a market cannot be an exclusive, there must be several at the same time to expand, develop brand strength. Tomson timesHealth is currently considering the most is not the impact of foreign investment, but how to maintain a sustainable and healthy development of the industry as a whole. At the same time, we have also been concerned about competition issues. Tomson times kin prefer to focus on the quality, we insist on using the best ingredients. In addition, our current approval from holds and reserves in the industry by far, 80% above are franchised dealers zhuanxiaoAnd this objective the establishment of a number of barriers to competition, not to mention the brand of culture is not dietary supplements won't be able to achieve. Of course, we also very much like to see common development and progress of other leading companies, sound development and competition of enterprises as a whole, to benefit rules, healthy development of the industry. Investors on food security: in the context of domestic food crisesConsumers are most concerned about food safety, Tomson times health how to ensure food security, procurement of raw materials have advantages for you? Liang Yunchao: in the dietary supplement industry, whether it is a local brand or international brands, are facing food safety risks. Spirulina events inside and outside the company wow power leveling, including investors, consumers of a good education. Because of this, IKey Tang officials three factories making transparent factory, in time to come through the company's Web site for public broadcast in real time. In the case of information asymmetry, honesty and self-discipline of enterprise is very important, but, in contrast, visible, tangible things more credible. We always adhere to the "is taken from the global, healthy family" brand strategy, improve product quality core measuresRaw material control, Tomson times layout adopted a three-step development strategy of key raw materials, first of all is the global procurement of raw materials, 73.35% 2011 foreign purchases of the main raw material, followed by the building material for the base; a third is to establish organic farms around the globe, and establish a higher standard, ahead of competitors on the control of raw materials. On the income and cash flowProportion of investors: a 160% increase in first-quarter net profit, more than growth in operating income, net profit rose, and cash flow from financing activities was negative, why don't match? Chief Financial Officer: 2012 does not match the growth in operating income and net income in the first quarter is mainly for branding fees into account for the first quarter of 6.1%, over the same period last year fell 8.31%, the main reason for the decline is taking into account the factors of Spring Festival earlier this year, part of the brand ahead of the end of last year, company branding for the year 2012 is expected to be maintained at around 10%, the company is preparing a new branding ad, and more or less in the second half of the year for a new round of branding, brand then extension fees will increase. AboutCompany 2012 first-quarter net cash flow from financing activities amounted to a negative, mainly company 2011 interest distribution programme was introduced in March of this year (every 10 shares distributed $ 10 cash, and converted into 10 shares). Corporate VCs: companies operating risks, Tomson times health do you think, what are the risks? Liang Yunchao: is dietDietary supplement industry. In this industry, the largest is the risk of food safety. Any food safety events such as Spirulina, a poison capsule event, and so on, will lead to questions about the industry, we have been striving for integrity, with transparent plant concept. Companies want in terms of raw material procurement, production, quality testing established above the industry standard of internal control standards. Second, The company's sales model is a direct sales model. Nearly two years of rapid expansion of the company's business, channel control risks may be brought about. Our plan is to slow down this year, intensive cultivation on the market, implement fine management, Tomson times health sustainable, healthy and rapid growth. The other news around this topic :
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