技源集团：深耕全球膳食营养补充行业 用营养的力量提升全人类健康水平——技源集团股份有限公司首次公开发行股票并在主板上市网上投资者交流会精彩回放

Core Viewpoint - The company, Jiyuan Group, is focused on the research, innovation, and industrialization of dietary nutritional supplements, aiming to enhance global health through scientific research and clinical trials [4][11]. Company Overview - Jiyuan Group is an international enterprise group specializing in the research and development of dietary nutritional supplement products [4]. - As of the latest prospectus, the company has 16 wholly-owned subsidiaries, 3 affiliated companies, and 5 branches [4]. - The company has established a global R&D, production, sales, and service network with centers in China and the USA, and regional sales headquarters in several countries including Australia, the UK, and Japan [5]. Intellectual Property - The company holds a total of 288 registered trademarks, with 126 registered domestically and 162 registered overseas [6]. - It possesses 228 authorized patents, including 20 domestic invention patents and 127 overseas invention patents [7]. - The company has 18 software copyrights [8]. Financial Performance - The company's revenue for the years 2022, 2023, and 2024 was 947.24 million, 891.89 million, and 1,001.86 million yuan respectively, with main business income accounting for over 99% in each year [11]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was 143.04 million, 153.37 million, and 170.61 million yuan, showing a steady growth trend [11]. Market Presence - The company primarily sells its products overseas, with international sales accounting for 91.40%, 95.25%, and 93.93% of its main business income during the reporting periods [12]. - The company has established long-term stable partnerships with numerous dietary supplement brands, including Abbott and Blackmores, with some collaborations lasting over 10 years [17]. R&D and Innovation - The company emphasizes continuous innovation and has increased its R&D expenses, which were 42.42 million, 43.03 million, and 49.73 million yuan for the respective years, representing about 4.48%, 4.82%, and 4.96% of its revenue [13]. - The company has established partnerships with renowned universities and research institutions for collaborative R&D [10]. Industry Context - The dietary nutritional supplement industry in China is still in its emerging development stage, with less than 20% of the population consuming such products compared to over 67% in mature markets like the USA and Japan [21]. - The market for dietary nutritional supplements in China reached 225.3 billion yuan in 2023, growing approximately 11.6% year-on-year [21]. - The industry is characterized by increasing safety, quality, and brand power, as well as a trend towards product diversification and individualization [22]. Strategic Planning - The company's vision is to provide original and customized nutritional raw materials and formulations through scientific research and global layout [15]. - Future plans include increasing R&D investment, expanding product application areas, and upgrading information management systems [16]. Competitive Advantages - The company has a full industry chain synergy advantage, being one of the few vertically integrated companies in the dietary nutritional supplement sector [17]. - It maintains a strong focus on quality management and has established leading product quality standards [17].