渡远户外主动撤回IPO申请，稳健经营有望开辟新路径

Core Viewpoint - Xiamen Duyuan Outdoor Products Co., Ltd. has withdrawn its IPO application for the ChiNext board, raising concerns about the capital paths and long-term development expectations for new consumption enterprises in the current market environment [1][2]. Company Summary - Duyuan Outdoor specializes in RV and yacht accessory products, covering key categories such as micro water pumps, kayaks, paddleboards, and yacht toilets [4]. - The company has established a strong position in the global supply chain for RV and boat manufacturers, leading in several niche markets [4]. - From 2020 to 2022, Duyuan Outdoor's main business revenue grew at a compound annual growth rate of 26.84%, with a stable net profit and over 80% of revenue coming from technical business [4]. Industry Summary - The outdoor leisure industry is currently benefiting from supportive policies and expanding consumer demand, with recent government documents promoting the development of new consumption models such as RV camping and yacht leisure [5]. - The global RV market is projected to reach $117 billion by 2031, with a compound annual growth rate of 7.6% from 2022 to 2031, while the global kayak and accessories market is expected to reach $3.2 billion by 2025 [6]. - The demand for outdoor activities is recovering, and the penetration rate of outdoor consumption is increasing, providing long-term growth opportunities for Duyuan Outdoor [6]. Capital Market Trends - The tightening of IPO processes and regulatory adjustments have led to a significant decrease in the number of new listings, with over 30 consumer companies withdrawing their applications since June 2023 [2][3]. - Duyuan Outdoor's withdrawal reflects a strategic adjustment to align with current market trends and regulatory expectations, allowing the company to refine its business quality and operational structure [3]. - The emphasis on technological innovation in the capital market suggests that Duyuan Outdoor could explore new financing avenues by enhancing its product offerings and integrating technology [7].