Core Insights - The stock of Donis (DOGZ) increased by 3.84% on August 11, reaching $7.84 per share, with a trading volume of $23,000 and a total market capitalization of $11.2 million [1] Financial Performance - As of December 31, 2024, Donis reported total revenue of $12.0857 million, representing a year-over-year growth of 81.07% [1] - The net profit attributable to the parent company was -$1.8158 million, showing a year-over-year improvement of 43.19% [1] Company Overview - Donis International Company was established in 2003 and is headquartered in Dongguan, China [1] - The company designs, manufactures, and distributes pet-related products to major retailers and wholesalers worldwide [1] - Through its subsidiaries, Donis produces high-quality leashes, collars, and safety belts that are aesthetically pleasing and comfortable, ensuring the safety of pets and peace of mind for owners [1] - The company's goal is to continue innovating its traditional product lines while leveraging its proven R&D capabilities to achieve leadership in the pet Internet of Things sector, thereby shaping the future of the pet business [1]

Core Viewpoint - The company, Donis (DOGZ), has shown significant financial growth, with a notable increase in revenue and a strategic focus on innovation in the pet product industry [1]. Financial Performance - As of December 31, 2024, Donis reported total revenue of $12.0857 million, representing a year-over-year growth of 81.07% [1]. - The net profit attributable to the parent company was -$1.8158 million, which reflects a year-over-year improvement of 43.19% [1]. Company Overview - Donis International was established in 2003 and is headquartered in Dongguan, China [1]. - The company designs, manufactures, and distributes pet-related products to major retailers and wholesalers worldwide [1]. - Donis produces high-quality leashes, collars, and safety belts that are aesthetically pleasing and comfortable, ensuring the safety of pets and peace of mind for their owners [1]. - The company's goal is to continue innovating its traditional product lines while leveraging its proven R&D capabilities to establish a leadership position in the pet Internet of Things (IoT) sector, thereby shaping the future of the pet business [1].

Core Insights - Donis (DOGZ) experienced a 3.67% increase in stock price, reaching $7.90 per share, with a total market capitalization of $11.3 million as of August 4 [1] - The company reported total revenue of $12.0857 million for the year ending December 31, 2024, representing a year-over-year growth of 81.07%, while the net profit attributable to shareholders was -$1.8158 million, showing a 43.19% increase compared to the previous year [1] Company Overview - Donis International was established in 2003 and is headquartered in Dongguan, China [1] - The company designs, manufactures, and distributes pet-related products to major retailers and wholesalers worldwide [1] - Through its subsidiaries, Donis produces high-quality leashes, collars, and safety belts that are aesthetically pleasing and comfortable, ensuring the safety of pets and peace of mind for their owners [1] Strategic Goals - The company's objective is to continue innovating its traditional product lines while leveraging its proven R&D capabilities to achieve leadership in the pet Internet of Things (IoT) sector, thereby shaping the future of the pet business [1]

财务数据显示，截至2024年12月31日，多尼斯收入总额1208.57万美元，同比增长81.07%；归母净利 润-181.58万美元，同比增长43.19%。 7月31日，多尼斯(DOGZ)盘中上涨2.58%，截至22:17，报7.96美元/股，成交13.63万美元，总市值1.14亿 美元。 作者：行情君 资料显示，多尼斯(国际)公司成立于2003年,总部设在中国东莞。公司设计、制造和分销宠物相关产品给 在世界各地主要零售商店和批发商。通过子公司,该公司生产高品质的皮带、项圈和安全带,这些产品美 观、舒适,旨在确保宠物的安全和主人的安心。公司目标是通过继续创新其传统产品线,同时利用其已证 明的研发能力,以取得在宠物物联网方面的领导地位,从而建立宠物商业的未来。 本文源自：金融界 ...

Core Insights - The pet automatic feeder market in China is experiencing significant growth, with the market size increasing from 2.197 billion yuan in 2021 to 2.643 billion yuan in 2024, representing a global market share increase from 12.67% to 13.47% during the same period [1][12][10] - The rise in pet ownership and the increasing affection pet owners have for their pets are driving the demand for smart pet products, particularly automatic feeders, which are becoming essential for modern pet care [1][12] Industry Overview - Pet automatic feeders are categorized into mechanical, electronic, and smart feeders, with smart feeders gaining popularity due to their automation and added features such as remote monitoring and health analysis [1][6] - The market for pet products in China has expanded significantly, with the pet economy reaching a scale of 300.2 billion yuan by 2024, driven by the increasing number of urban pet owners [6][10] Market Status - The automatic pet feeder market is projected to grow to 3.858 billion yuan by 2028, with the market share expected to rise to 14.61% globally [12][10] - Smart feeders currently account for approximately 15% of the pet automatic feeder market, indicating a trend towards more advanced feeding solutions [14][12] Competitive Landscape - Major players in the smart feeder market include international brands like PetSafe and Petmate, which dominate the high-end segment, while domestic brands like Xiaopei focus on cost-effective solutions [16][12] - Companies such as Donis and Tianyuan Pet are actively expanding their product lines to include smart feeding solutions, reflecting the competitive nature of the market [18][20] Development Trends - Technological advancements in AI, IoT, and big data are expected to enhance the functionality of smart feeders, allowing for personalized feeding plans and remote monitoring capabilities [22][24] - The demand for smart feeders is anticipated to grow as pet owners increasingly prioritize their pets' health and quality of life, particularly in urban areas [23][24]

Company Overview - Dogness (International) Corporation is a developer and manufacturer of a comprehensive line of pet products, including Dogness-branded, OEM, and private label items [1][4] - The company was founded in 2003 and focuses on enhancing the relationship between pets and their caregivers through smart products, hygiene products, health and wellness products, and leashes [4] Strategic Acquisition - Dogness has entered into a share acquisition agreement to acquire a 19.5% equity interest in Dogness Intelligent Technology Co., Ltd. (DITC) in exchange for Class A common shares and warrants [1] - This acquisition aligns with Dogness's strategic goals, particularly in the growing petcare technology sector [3] DITC Overview - DITC, established in 2018, specializes in the research and development of Internet of Things (IoT) and app platforms in the pet industry [2] - The company aims to create user-centered intelligent petcare devices and applications that monitor pet activities and health data [2] Market Trends - There is a growing focus on pet health and wellness, driven by advancements in IoT, AI, and data analytics, which increases demand for pet tech products [3] - The petcare market is expanding, presenting new opportunities for growth for companies like Dogness and DITC [3]

Company Overview - Dogness (International) Corporation is a developer and manufacturer of a comprehensive line of Dogness-branded, OEM, and private label pet products [1] - The company was founded in 2003 with a focus on enhancing the relationship between pets and their caregivers through smart products, hygiene products, health and wellness products, and leash products [4] - Dogness has over 200 patents and patents pending, ensuring industry-leading quality through a fully integrated vertical supply chain and world-class research and development capabilities [4] Private Placement Details - Dogness announced a private placement transaction for US$6.0 million in gross proceeds from the sale of 1,200,000 Class A common shares at US$5.00 per share [1] - The shares are being sold to certain non-U.S. purchasers in a transaction exempt from registration under the Securities Act of 1933, relying on Regulation S [2] - Closing of the private placement is subject to customary closing conditions [2]

Core Viewpoint - Dogness (International) Corporation reported strong financial results for the six months ended December 31, 2024, with significant revenue growth and improved operational efficiency, indicating progress towards profitability [2][4]. Financial Performance - Revenue for the six months ended December 31, 2024, reached approximately $12.1 million, an increase of 81.1% from about $6.7 million in the same period of 2023 [2][4]. - Gross profit rose by approximately $2.1 million, or 160.7%, from about $1.3 million in 2023 to around $3.4 million in 2024, with an improved gross profit margin of 28.3% [13]. - Net loss decreased by approximately $1.4 million, or 43.2%, from about $3.2 million in 2023 to approximately $1.8 million in 2024 [18]. Revenue Breakdown - Revenue from traditional pet products increased by approximately $1.1 million, or 29.4%, from about $3.6 million in 2023 to approximately $4.7 million in 2024 [6]. - Revenue from intelligent pet products grew by approximately $2.3 million, or 103.5%, from around $2.2 million in 2023 to roughly $4.5 million in 2024 [7]. - Revenue from climbing hooks and other products increased by about $2.1 million, or 277.9%, from roughly $0.8 million in 2023 to about $2.9 million in 2024 [8]. Sales Performance - Total international sales rose by about $3.4 million, or 75.9%, from approximately $4.5 million in 2023 to about $8.0 million in 2024 [10]. - Domestic sales increased by about $2.0 million, or 92.0%, from around $2.1 million in 2023 to approximately $4.1 million in 2024 [11]. Cost Management - Cost of revenues increased by $3.3 million, or 61.6%, from approximately $5.4 million in 2023 to approximately $8.7 million in 2024, but as a percentage of revenues, it decreased by approximately 8.7 percentage points to 71.7% [12]. Future Outlook - Dogness aims to accelerate product innovation, expand its global market presence, and drive cost efficiencies, including plans to acquire smaller pet product manufacturers in China [3].

Company Overview - Dogness (International) Corporation is a developer and manufacturer of a comprehensive line of Dogness-branded, OEM, and private label pet products [3] - The company was founded in 2003 with the belief that dogs and cats are important family members [3] - Dogness offers smart products, hygiene products, health and wellness products, and leash products, enhancing the relationship between pets and caregivers [3] - The company has over 200 patents and patents pending, ensuring industry-leading quality through a fully integrated vertical supply chain and world-class research and development capabilities [3] Annual Shareholder Meeting - The annual meeting of shareholders for the fiscal year ended June 30, 2024, is scheduled for March 27, 2025, at 9:00 a.m. China Time (9:00 p.m. Eastern Time on March 26, 2025) [1] - The meeting will be held at the company's executive office in Dongguan, Guangdong, China, as a hybrid virtual and physical meeting [1] - Shareholders unable to attend in person can join via a Zoom meeting [2] Investor Relations - Annual meeting materials will be available on the company's investor relations website and in its filings with the U.S. Securities and Exchange Commission [2]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol Name of each exchange on which registered Common Shares, no par value per share DOGZ NASDAQ Capital Market FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(B) OR 12(G) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR ...