Chow Tai Fook responds that prices will increase after the Spring Festival: the price increase is true, but the time and extent have not yet been determined.
On February 10th, it was reported that Chow Tai Fook will adjust the prices of their gold products after the Spring Festival. This price adjustment may be implemented in mid-March, and some stores have already received relevant notices. The price increase will mainly focus on fixed-price products. In response to this, Chow Tai Fook stated to reporters that the price increase is true, but the timing and extent have not been determined yet. Product price adjustments are part of the group's daily operations policy, and the company will make timely price adjustments based on market conditions and product demand, while always adhering to the commitment of maintaining excellent quality and superb craftsmanship to meet consumer expectations.
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