On April 21, Three
Squirrels Co., Ltd. officially issued prospectus to plan to list growth
enterprise market. Financial data shows Three Squirrels realized 4.423 Billion
Yuan income in 2016, increasing 116.47% on year-on-year basis; net profits
realized 237 million Yuan, boosting 2535%.
Such an outstanding
performance amazed the insiders. Nonetheless, it also faces many risks. Beijing
News found in the prospectus that currently Three Squirrels mainly faces
operating risks such as single sales channel, over high proportion of nuts, and
crowded shopping season, and the costs such as marketing fee for e-business
platform, commission fee, and logistic fee stay at a high level.
Hong Tao, the
President of China Food Agricultural Products) Safety E-Business Institute,
said that snack food e-business enterprises represented by Three Squirrels
fought for market by buying data flow and low price, and neglected input in
product research and development. However, after financing for listing,
enterprises must strengthen inputting in core costs such as food safety and
quality control and innovative research and development so as to realize benign
development of brands.