Core Viewpoint - Amway Co., Ltd. has been recognized as an "Excellent Recognized Laboratory" by Anta Group, enhancing its partnership and sales potential with the leading domestic sports brand [1] Group 1: Company Recognition - The award from Anta Group reflects high recognition of the company's testing accuracy, timeliness, and laboratory operational standards [1] - This recognition is expected to strengthen the collaboration between Amway and Anta Group, potentially increasing sales share [1] Group 2: Brand Impact - The award has industry demonstration effects, which can effectively enhance the company's brand awareness and reputation [1] - The company aims to leverage its brand influence and technical barriers to convert its technical brand advantages into operational performance growth [1] Group 3: Strategic Goals - The company is focused on driving its market value to reasonably reflect its intrinsic value through continuous brand and technical development [1]

Core Viewpoint - Amway Co., Ltd. has successfully applied its silicon-based materials and TPU technology in various sectors including home furnishings, automotive interiors, consumer electronics, and functional footwear materials [1] Group 1: Product Applications - The company's TPU materials are characterized by vibrant colors, strong fashion appeal, lightweight, and excellent comprehensive performance including wear resistance, acid and alkali resistance, hydrolysis resistance, and solvent resistance [1] - In the consumer electronics sector, the company has established a differentiated advantage with its eco-friendly TPU materials [1] Group 2: Market Expansion - The company has achieved small-scale production of semiconductor-related materials, although this segment currently contributes a minor share to overall revenue [1] - The company is actively working to expand its market presence and customer base to increase sales [1]

Core Viewpoint - Amway Co., Ltd. has begun limited production of semiconductor-related materials, which currently contributes a small portion to the company's overall revenue, while actively seeking to expand its market and customer base to increase sales [1] Group 1 - The company has achieved limited mass production of semiconductor-related materials [1] - The revenue from semiconductor-related materials constitutes a small percentage of the company's total revenue [1] - The company is actively working to expand its market and customer base to boost sales [1]

Core Viewpoint - Company Amway Co., Ltd. (300218.SZ) has successfully applied its silicon-based materials and TPU process technology in various fields including home furnishings, automotive interiors, consumer electronics, and functional footwear materials [1] Group 1: Product Applications - The company's TPU materials are characterized by vibrant colors, strong fashion appeal, lightweight, and excellent comprehensive performance including wear resistance, acid resistance, alkali resistance, hydrolysis resistance, and solvent resistance, along with being eco-friendly [1] - Currently, the company has not combined its TPU materials with nanomaterials [1] Group 2: Market Expansion - The company's semiconductor-related materials have achieved small-scale production, although this segment currently contributes a small proportion to the overall revenue [1] - The company is actively expanding its market and customer base, striving to increase sales [1]

Core Viewpoint - Amway Co., Ltd. has successfully applied its polyurethane composite materials in official accessories for certain Apple terminal products [2] Group 1 - The company responded to investor inquiries on an interactive platform regarding its product applications [2] - The application of polyurethane composite materials signifies a strategic partnership or collaboration with Apple [2]

Core Viewpoint - Amway Co., Ltd. (300218.SZ) has successfully applied polyurethane composite materials in some official accessories for Apple terminal products [1] Group 1 - The company has announced its application of polyurethane composite materials in collaboration with Apple [1]

Core Insights - Amway Co., Ltd. (300218.SZ) has confirmed that Google is one of its clients in the electronic products category, focusing on polyurethane composite materials applications [1] - The revenue generated from this segment currently represents a small portion of the company's overall revenue [1] - The company plans to actively expand its collaboration with Google based on market and customer demands [1]

Core Viewpoint - Amway Co., Ltd. has experienced fluctuations in stock price and financial performance, with a notable decrease in revenue and net profit year-on-year, indicating potential challenges ahead for the company [1][2]. Financial Performance - As of November 20, 2025, Amway reported a revenue of 1.679 billion yuan, a year-on-year decrease of 6.84% [2]. - The net profit attributable to shareholders was 121 million yuan, reflecting a year-on-year decline of 19.22% [2]. - The company's stock price has increased by 11.39% year-to-date but has seen a decline of 0.59% over the last five trading days and a significant drop of 34.17% over the past 60 days [1]. Shareholder Information - The number of shareholders as of November 20, 2025, was 18,000, a decrease of 2.28% from the previous period [2]. - The average number of circulating shares per shareholder increased by 2.34% to 12,003 shares [2]. Dividend Distribution - Amway has distributed a total of 341 million yuan in dividends since its A-share listing, with 131 million yuan distributed over the past three years [3]. Institutional Holdings - As of September 30, 2025, new institutional shareholders include Yongying Advanced Manufacturing Mixed Fund and China Europe Enjoy Life Mixed Fund, among others [3]. - Notably, Guotai Junan's value advantage flexible allocation mixed fund reduced its holdings by 5.05 million shares [3].

Core Viewpoint - The company is developing semiconductor products based on its existing polyurethane composite material technology, which aligns with its main business operations [2] Group 1: Business Development - The company sees significant growth potential in the semiconductor field and plans to increase efforts in technology development and market expansion [2] - Current revenue from the semiconductor business is relatively small compared to the overall revenue, and it does not significantly impact the company's operating performance [2] Group 2: Customer Collaboration - Progress in customer collaboration within the semiconductor sector is not disclosed due to confidentiality agreements and the importance of contracts or projects not meeting disclosure standards [2]

Core Viewpoint - The company has not yet supplied materials or products for the construction and operation of the Chinese space station, but is actively exploring opportunities in emerging fields and leveraging its R&D strengths in polyurethane composite materials [1] Company Summary - The company, Amway Co., Ltd. (300218.SZ), responded to an investor inquiry on November 26, indicating that its products have not been utilized in the space station project [1] - The company is focusing on developing technical reserves related to emerging fields, particularly in the area of polyurethane composite materials [1]