What is the development prospect of watch business in the current market?

The domestic watch market is mature, and the high-end and ordinary are seriously divided. The high-end is basically seized by a few domestic and foreign brands, and has formed a complete chain. The initial investment demand is relatively large, but the profit is considerable. Because of the convenience of logistics and the popularity of e-commerce, the market profit in the low-end market is already very thin.

China people are more face-saving, rich and poor, and love to have something that can show their identity, so the prospect of high-end watches is still considerable.