Keeson(SH:603610) Zheng Quan Zhi Xing·2025-05-13 08:22Performance Summary - In 2024, the company achieved operating revenue of 2.958 billion yuan, a year-on-year decrease of 4.66%, and a net profit attributable to shareholders of 156 million yuan, down 24.13% year-on-year [1] - In the first quarter of 2025, the company reported operating revenue of 787 million yuan, an increase of 4.06% year-on-year, while the net profit attributable to shareholders was 44 million yuan, a slight decrease of 1.01% year-on-year [1] Strategic Developments - The company is focusing on its headquarters project for the production of 4 million sets of smart electric beds, enhancing technological self-control and supply chain stability to improve profitability [1] - The "Shufu De" brand has become the main domestic market brand, with over 220 stores established across most provinces in China by 2024 [1] Market Insights - The smart electric bed market is primarily concentrated in North America, with significant consumer acceptance, particularly in the U.S., which is the largest market for smart electric beds [1] - The domestic smart bed industry is still in its early stages, with low market penetration due to insufficient consumer understanding and ongoing market education [1] - The aging population and increasing awareness of sleep health products are expected to drive significant growth potential in China's smart electric bed market [1]