KUTESMART(SZ:300840) Xin Lang Cai Jing·2025-04-30 10:11Group 1: Industry Overview - In 2024, the global apparel industry is experiencing structural differentiation driven by consumer recovery and digitalization, with a loss rate of 20.07% among large-scale enterprises in the sector [1] - The apparel industry is facing challenges such as weak global consumer demand, rising supply chain costs, and increased strategic investment expenses [4] Group 2: Company Performance - In 2024, the company reported a revenue of 709 million yuan, a year-on-year decrease of 5.14%, and a net profit attributable to shareholders of 88.63 million yuan [1][5] - The company's overseas revenue reached 305 million yuan in 2024, reflecting a year-on-year growth of 10.15% [4] - In Q1 2025, the company achieved a revenue of 156 million yuan, with a net profit of 28.91 million yuan, marking a 15.87% increase compared to the same period in 2024 [5] Group 3: Strategic Initiatives - The company is focusing on the "C2M" model, which connects demand directly to manufacturing, thereby addressing high inventory and cost issues in traditional apparel [4][9] - The "Cool AI Agent" system is central to the company's strategy, enabling large-scale customization with a delivery time of seven working days [9][10] - The company is set to release the upgraded version of the "Cool AI Agent" in the second half of the year, which aims to automate the entire process from customer demand to factory delivery [10] Group 4: Future Outlook - The company is positioned to leverage AI technology to enhance operational efficiency and drive business model transformation, which is essential for building core competitiveness in the smart era [6][13] - The founder emphasized that future enterprises must evolve into intelligent entities or risk marginalization, highlighting the company's role as a transformation model in the manufacturing sector [13]