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By collaborating with consumer brands to launch official online flagship stores, offline demonstration studios and livestreaming stores, Quguangguang plans to develop 1,000 brands that each sell more than 20 million yuan (.97 million) a year through livestreaming in three years.
But the company is also spending heavily to meet demand. Even with more revenue expected for the fourth quarter, its profit guidance — between billion and .5 billion — is lower than the .3 billion it reported in net income for the third quarter.
By Oct 15, China's total box office revenue reached 12.95 billion yuan.
But the report did not specify the details of the letter, which reportedly included a proposal to hold an inter-Korean summit in Pyongyang in near future.
But times have changed.
来源：资阳报