Chunshuitang 2016 or 2015 listed on the new board sex toys market demand 70 billion

Abstract:

spring CEO Lin Degang said, fun supplies as profiteering industry, the traditional channels from the factory handled brand manufacturers, wholesalers and retailers to the hands of customers, to maintain the basic 100% gross profit, gross profit can be conservatively estimated, there are 50% channels.

 

in November 5th, in the new conference hall, spring CEO Lin Degang revealed that the company is preparing for the listing, 2016 will be listed on the new board.

daily economic news reporter was informed that the company announced that it was completed in March 2015 80 million yuan B round of financing, valuation of nearly 500 million, plans in 2016 in the new three board listing. It is understood that this round of financing by LIAN Cowin and permanent joint investment led force, capital investment, which is by far the largest amount of single financing business interest. Previously, the hall of 20 million yuan A round of financing was completed in May 2014.

this is also the moment to call the impact of the new three board and a flagship adult health company. Just a month before, her health Polytron Technologies Inc (hereinafter referred to as the lover) in October 9th in the filed of public transfer instructions, the application listed on the new board.

according to the statistics department’s professional survey data, adult supplies annual sales of up to tens of billions of dollars. China has a population of 1 billion 300 million, accounting for more than 70% of adults. Household products, adult products have been accepted by more than 90% of adults. In adults, 83% of people have the experience of buying adult products. At present, the adult goods market is growing at an annual rate of 63%. According to expert analysis, the adult goods market will remain at least 10 to 15 years to maintain rapid development.

industry estimates, this year the demand for sentiment goods market is expected to 70 billion, the rapid growth has not yet come, the industry contains a huge business opportunities.

spring CEO Lin Degang told the "daily economic news" reporter said, " current sex toys industry exists two major problems, one is the quality of dragons and fishes jumbled together phenomenon does exist, the price is still not close to the people two. " Lin Degang also said that interest products as profiteering industry, the traditional channels from the factory handled brand manufacturers, wholesalers and retailers to the hands of customers, to maintain the basic 100% gross profit, gross profit can be conservatively estimated, there are 50% channels.

it is worth noting that, from the beginning of the second half of 2015, around the smart hardware to start an endless stream of business to " fun " cut into the smart hardware entrepreneurial projects are springing up like mushrooms. When a reporter asked, Adult supplies intelligent hardware driven by the community or community economy, whether it will become a barometer of vertical social applications, Lin Degang said that the taste of intelligent hardware can not form a community, talk about community fun intelligent hardware entrepreneurs mostly just want to rely on the community to improve the valuation. Because successful social products must have

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