Core Insights - The Vitafoods Europe 2025 exhibition, taking place from May 20-22, 2025, in Barcelona, Spain, is the largest professional event in the European nutrition and health industry, marking a new chapter in the global health and nutrition sector [1] - The event gathered over 1,300 exhibitors and more than 20,000 attendees from over 110 countries to discuss future trends in the nutrition and health industry [3] Company Insights - KORI, a leading American sports nutrition brand, focuses on integrating natural active ingredients from Antarctic krill with advanced biotechnology to develop precise nutrition systems for active individuals [5] - KORI has established a dual advantage in sports nutrition through its American sports gene and marine technology, rapidly leading the North American sports nutrition market [6] - The brand's product matrix is centered around natural marine phospholipids, achieving top ratings in the Labdoor krill oil category and becoming the first marine technology brand to receive sports nutrition certification [6] - KORI's new product, the KORI Marine Phospholipid Joint Krill Oil, utilizes a four-dimensional synergistic system to address joint health, showing three times the efficacy of traditional glucosamine within seven days of continuous use [9] - The global CEO of KORI emphasized the brand's commitment to providing efficient and safe nutritional solutions for active individuals, supported by strong consumer demand in the U.S. [11] Industry Trends - KORI's participation in Vitafoods Europe 2025 signifies a new direction for the global nutrition industry, focusing on natural marine biology for sports nutrition [8] - The company has established long-term partnerships with global suppliers like Norway's AKER and adheres to strict quality control measures to ensure product purity and effectiveness [12] - KORI aims to enhance accessibility and new experiences in healthy living through its focus on quality and innovation in the sports nutrition sector [14]

Group 1: Investor Relations Activities - The company conducted investor relations activities including specific object research and performance briefings from May 7 to May 8, 2025 [3] - Participants included various securities and asset management firms, with key company representatives present [3] Group 2: Sales and Market Strategy - The company is optimizing its e-commerce operations but cannot disclose specific sales growth rates due to lack of data from platforms [4] - The company plans to enhance marketing efforts for its sub-brand, 康食季, to improve product visibility [5] - There are no current plans to expand overseas sales channels, but the company is focusing on building a physical sales network [6] Group 3: Product Development and Innovation - The company is exploring the development of non-sport beverages and plans to launch a new sports drink, focusing on taste and packaging improvements [6] - The company has signed military supply orders for 2024, which will be executed in 2025, with military products accounting for approximately 10% of revenue [8] - The company is investing 100 million yuan in expanding its production capacity for sports nutrition products [9] Group 4: Financial Performance and Management - Accounts receivable increased due to military sales, while inventory rose to ensure business continuity [10] - The company aims to enhance gross margins through technological innovation and supply chain optimization [11] - The company has 198 authorized patents, with significant advancements in product development, including a new high-quality protein product [20] Group 5: Social Responsibility and Community Engagement - The company launched the "Public Energy Rabbit" initiative to support runners in marathons, participating in nearly 470 events in 2024 [14] - Future plans include expanding social responsibility projects and promoting sports nutrition knowledge in communities [15] Group 6: Market Trends and Regulatory Environment - The health and sports nutrition industry is experiencing growth due to government policies promoting health consumption and sports participation [21] - The company plans to establish four product project teams targeting protein supplementation, energy products, weight control, and professional sports markets [22] Group 7: Profitability and Operational Efficiency - The company is focused on high-quality operations, with improved inventory turnover from 2.34 in 2022 to 3.02 in 2024 [23] - The accounts receivable turnover increased from 9.5 in 2022 to 14.84 in 2024, indicating enhanced operational efficiency [23]