Core Viewpoint - The company has successfully diversified its market presence and improved operational efficiency through innovation and strategic market expansion, particularly in response to changing trade dynamics with the U.S. [1][2][3] Group 1: Market Diversification - The company, specializing in children's knitted clothing, has shifted focus from a heavy reliance on the U.S. market, which previously accounted for over 95% of its exports, to exploring new markets in Canada, Japan, South Korea, and Singapore [2] - Following the U.S.-China trade tensions, the company proactively sought to reduce its dependence on the U.S. by participating in international textile exhibitions in Germany, France, and Japan, successfully securing new orders despite language barriers [2] - As of early 2023, over 50% of the company's products are now sold in markets outside the U.S., with exports to the U.S. dropping to less than 10% of total sales [2] Group 2: Technological Innovation and Efficiency - The company has focused on technological advancements, developing new processing techniques that enhance product quality, such as antibacterial and stain-resistant baby cotton fabrics, which have increased product value [3] - Implementation of smart manufacturing processes has led to a 20% increase in production efficiency, allowing for real-time monitoring of equipment and production parameters [3] - Industry experts suggest that companies should continue to diversify their international market presence and enhance their production capabilities to capture higher value in the supply chain [3] Group 3: Future Aspirations - The company aims to increase its presence in the domestic market and is exploring opportunities in the "Belt and Road" initiative, targeting markets in Pakistan and Malaysia [4] - Plans are in place to participate in more international trade events to secure additional orders and expand market reach [4]