Core Viewpoint - Shandong Kuntai New Materials Technology Co., Ltd. has signed a cooperation memorandum with French company Trèves to establish a carpet production line in Morocco, marking a significant step in expanding its international business and entering the global automotive supply chain [1][2]. Group 1: Company Overview - Kuntai specializes in the research, production, and sales of automotive soft interior materials, including tufted and needle-punched carpets, primarily targeting the original equipment manufacturer (OEM) market [1]. - The company has made advancements in product development, particularly in the core production technology of BCF fiber, enabling in-house production of raw materials and creating an integrated business model [1]. Group 2: Strategic Partnership - Trèves, a well-known player in the automotive interior sector, has designated Kuntai as its carpet supplier, ensuring sufficient business volume to cover the capacity of the new production line in Morocco [2]. - This partnership is expected to enhance Kuntai's access to advanced market demands and technical standards, laying a solid foundation for future international collaborations and expanding its global market presence [2]. Group 3: Operational Impact - The signing of the memorandum is seen as a framework agreement that will provide stability for the operation of the Moroccan production base and reduce market entry risks during the initial phase [2]. - The agreement does not involve specific transaction amounts and is not expected to have a significant impact on the company's current year performance, indicating some uncertainty in future cooperation [2].
坤泰股份进一步拓展海外市场 与Trèves就汽车地毯业务开展合作