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**Competitive Advantages:** 1. **Ultra-precise market positioning**: We have successfully positioned ourselves in the mid-to-high-end fashion men's market, making premium brands accessible to a broader audience. Our store locations are strategically placed in key areas such as Zhejiang, Fujian, and Shanghai, where we've firmly established partnerships with leading men's brands. In terms of product, service, and brand image, we've built a unique identity—“I have no one else, but I have excellence.” Regarding pricing, we consistently offer more favorable terms than our main competitors, ensuring that we remain the most competitive choice in the men’s fashion industry. Our goal is to deliver high-quality products at the best value for consumers. 2. **Dynamic and responsive pricing strategy**: We understand that different regions and consumer groups have varying purchasing power. Therefore, we develop tailored pricing strategies that align with local market conditions. This approach has allowed us to overcome major challenges in brand marketing and has proven to be one of the most effective and sustainable competitive advantages after years of market testing. By continuously adapting our pricing model, we maintain a strong edge over competitors while staying attractive to a wide range of customers. 3. **Market-leading product development team**: Our success in product innovation is driven by both a strong design team and a highly responsive “Group Delivery Team” that closely monitors consumer trends. Every new product launch undergoes a rigorous evaluation process led by this cross-functional team, which includes representatives from design, sales, and product development. This collaborative approach ensures that each product not only meets high aesthetic standards but also resonates with real market demands. It is a key factor behind our consistent leadership in product development within the industry. 4. **Formalized terminal training system**: At Luo Luo, we believe that success is not accidental—it is the result of structured planning and continuous learning. Our terminal training program, known as the “Career Planning” course, was introduced with a clear vision to empower franchisees and employees alike. Since 2008, when the headquarters launched the initiative to formalize terminal training, we have actively deployed our training teams across the country. This effort has not only strengthened the sales capabilities and talent pool of our franchisees but has also significantly contributed to the long-term growth and stability of the company.

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