CSMall Group Limited (“CSMall Group” or “Company”, with its subsidiaries, collectively, “the Group”) is the largest integrated online and offline Internet-based jewellery retailer in China.
We sell a wide selection of self-branded and third-party branded jewellery products, including gold bars, silver bars, wearable jewellery, silverwares and other collectibles, primarily through our self-operated online platform (comprising www.csmall.com, m.csmall.com, and the mobile App of 金猫银猫CSmall), our third-party online sales channels and our offline sales and service network (mainly comprising 115 CSmall Shops and our Shenzhen Exhibition Hall as of 31 October 2017).
In terms of sales revenue in 2016, we ranked first among online jewellery retailers and integrated online and offline jewellery retailers in China, commanding a market share of 5.3% and 7.3%, respectively, according to Frost & Sullivan. During the Track Record Period, we witnessed substantial growth of our revenue and profit. Our total revenue was RMB291.2 million, RMB835.3 million, RMB2,465.3 million, RMB1,819.7 million and RMB3,154.4 million in 2014, 2015 and 2016 and the ten months ended 31 October 2016 and 2017, respectively, representing a CAGR of 191.0% from 2014 to 2016, and our Listing Segment net profit was RMB9.7 million, RMB21.5 million, RMB48.1 million, RMB47.9 million and RMB67.6 million in 2014, 2015 and 2016 and the ten months ended 31 October 2016 and 2017, respectively, representing a CAGR of 122.7% from 2014 to 2016.
As a leading integrated online and offline Internet-based jewellery retailer in China, the Group is always focused on diversified designs and brand value. Currently, we also have 19 registered and valid design patents.