https://m.jd.com
Neurio is in JD’s homepage alongside with A2. Retailers are pushing hard for Neurio. IMO the main reason is the involving parties (distributors, retailers) are making huge profit for selling Neurio.
let’s say customers pay for RMB 340/$70 a tin (curent sales in JD, second tin half price) jat’s selling price $25 (bulk order) $5/tin for logistic, retailers still making $30-40/tin huge profit.
hopefully jat can negotiate for higher supply price once they have built up their brand. $5/tin higher price is very significant and huge impact to our balance sheet and sp.
As a shareholder I just want to see more ppl buy our products and jat’s revenue keeps growing, in the meantime continue to build our brands, reputations, new plant, more new products, deals and partnerships.
Supply & Demand, page-94
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