Core Insights - The article discusses the divergence between American economists and politicians, highlighting the criticism of U.S. tariff policies and the weakening of the Federal Reserve's independence by nearly 600 economists [1][2] - The "lamp post theory" by former Federal Reserve Vice Chairman Alan Blinder is introduced, suggesting that politicians often seek economic expertise not for genuine insight but to support pre-existing beliefs [1][2] Group 1: Economic Policy Perspectives - Economists focus on long-term impacts of economic policies, while politicians tend to have a short-term view, often simplifying complex issues into catchy slogans [2][3] - The article emphasizes that recent unilateral and protectionist measures by the U.S. government contradict the long-standing consensus in the economic community, marking a significant failure of policy advice [2][3] Group 2: Factors Influencing Economic Policy - The confusion in U.S. economic policy is attributed to three main factors: ignorance of basic economics, ideological interference, and the influence of interest groups [2][3] - Politicians often prioritize special interest groups to secure votes, leading to a neglect of sound economic principles [3] Group 3: Recommendations for Improvement - A balance is suggested between rational economic considerations, respect for market dynamics, and empathy for the vulnerable [3] - Increasing public understanding of economic principles is deemed essential to bridge gaps between different sectors, encouraging politicians to incorporate more professional consensus in decision-making [3]

Group 1 - The company Yunnan Ge Industry stated that there are essential differences in the division, positioning, and market of the upstream and downstream industrial chains [2] - The terminal products significantly increase the added value by integrating numerous upstream resources and investments [2] - The company directly engages with a large and diverse terminal demand, which often results in a larger market scale [2]

Group 1: Company Overview - Hangzhou Tianyuan Pet Products Co., Ltd. focuses on the design, development, production, and sales of pet products and food, covering various categories such as pet bedding, climbing frames, toys, electronic products, clothing, and leashes [2][3]. Group 2: Financial Performance - In 2024, the company achieved a revenue of CNY 2.764 billion, a year-on-year increase of 35.69%. Pet products generated CNY 1.530 billion (up 15.08%, 55.36% of total revenue), while pet food reached CNY 1.176 billion (up 70.80%, 42.55% of total revenue) [3]. - Revenue from overseas markets was CNY 1.332 billion (up 18.40%, 48.20% of total revenue), while domestic revenue was CNY 1.431 billion (up 57.30%, 51.80% of total revenue) [3]. Group 3: Production and Supply Chain - The company has established its own production lines for cat climbing frames and pet bedding, gradually expanding to include toys, clothing, and other pet products, focusing on high-value business segments like product design and supply chain management [3][4]. - Overseas production bases have been set up in Cambodia and Vietnam, while domestic production lines for pet clothing and electronic products have also been established [4]. Group 4: Market Strategy and Brand Development - The company aims to leverage pet food sales to drive the expansion of pet product channels, with brands like "New Food Era" and "Tianyuan It World" focusing on pet food, and five main brands for pet products [5]. - The current revenue contribution from self-owned brands is low, but the company plans to enhance channel construction and e-commerce capabilities to strengthen brand operations [5]. Group 5: Acquisition Progress - As of March 2025, the company is in the process of acquiring Taotong Technology, with ongoing audits and evaluations. The transaction requires further approval from the board and shareholders, as well as regulatory bodies [6][7].