Vatti(SZ:002035) Jing Ji Guan Cha Wang·2025-12-31 07:20Core Insights - The Greater Bay Area is transitioning from a "world factory" to a "world-class innovation source" by 2025, as outlined in the development plan [1] - Vatti Corporation has been recognized for its outstanding performance, winning the "2025 Annual Greater Bay Area Quality Award" for the second consecutive year, highlighting its role as a model for high-quality development in the kitchen appliance industry [1][3] Group 1: Innovation and Technology - Vatti views R&D innovation as the core engine for its high-end transformation, holding 4,690 national patents, including 835 invention patents, as of June 30, 2025 [3] - The company invested 172 million yuan in R&D in the first three quarters of 2025, driving the conversion of technological achievements into practical applications [3] - Vatti has introduced advanced technologies such as the fifth-generation surf washing technology for range hoods, achieving a 99.2% cleaning rate, and the "high-translucent active skin technology" for water heaters, enhancing the bathing experience [3] Group 2: Sustainable Development - Vatti's rooftop photovoltaic project generates 32% of its total electricity consumption, saving 5.81 million kilowatt-hours of municipal electricity [3] - The company has reduced volatile organic compound (VOCs) emissions by 20% year-on-year and achieved zero sulfur dioxide emissions in 2024 [3] Group 3: Brand Value and Marketing - Vatti has redefined its brand value by integrating traditional cultural elements into modern aesthetics, exemplified by the "new Chinese-style fashionable healthy lifestyle" concept [5] - The company has launched various marketing initiatives, including short dramas and a sci-fi short film, to engage younger consumers and connect its brand story with contemporary culture [7] - Vatti's product offerings, such as the skin-care enhancing gas water heater and multifunctional cooking appliances, are designed to meet the health needs of the younger generation [7] Group 4: Industry Collaboration - As a "chain master" enterprise in the Greater Bay Area, Vatti is building an ecosystem that promotes collaboration among large, medium, and small enterprises, enhancing the resilience of the local supply chain [4] - The company has streamlined its business processes using systems like SAP and MES, reducing the new product delivery cycle from 25 days to 15 days, thereby improving overall industry collaboration efficiency [4] Group 5: Future Outlook - The Greater Bay Area is seen as a core driver of China's economic development, with companies like Vatti expected to continue innovating and driving high-quality growth [9] - Vatti aims to leverage technological innovation to propel industry upgrades and growth, contributing to the Greater Bay Area's advancement through collaboration and self-reliance [9]