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Boyaa Bio: The decline in gross profit margin year-over-year at the company merger level is mainly influenced by three factors.
Securities Daily Network News On March 24, Boya Biology stated in response to investor questions on the interactive platform that the decline in the company’s consolidated gross profit margin year-on-year is mainly influenced by the following three aspects: First, within the scope of consolidation, the product variety of Green Cross in China is relatively small, and the product yield is low, affecting the overall gross profit margin level; Second, the blood product industry is under pressure from supply and demand relationships, leading to product price pressures and a decline in gross profit margin. The company will continue to deeply explore plasma collection efficiency, strengthen the scale effect of plasma cost, and control costs; and enhance research and development efficiency to promote cost structure optimization with a more complete product structure and better product processes; in addition, to empower Green Cross, accelerate the progress of process optimization in Green Cross China, improve product yield, and enhance the company’s profitability.
(Editor Ren Shibi)