Group 1 - The company reported that the cycle for export orders is relatively short, and current visible orders indicate a sustained level of demand, with expectations for stable growth in export orders by 2025 [1] - The company maintains confidence in its domestic sales business, anticipating more aggressive efforts in new product launches and marketing investments for domestic brands by 2025, supported by domestic economic recovery and national consumption policies [1] - The company is closely monitoring the implementation and changes in the US tariff policy towards China, but current visible orders suggest minimal impact on the company [1] Group 2 - The company has expanded its production capacity in Indonesia to meet the demands of US clients [1]
新宝股份:预计2025年外销订单将保持稳定增长