Core Viewpoint - Ningbo Jialian Technology Co., Ltd. is experiencing a decline in stock price, with a 2.00% drop on July 30, resulting in a market capitalization of 3.575 billion yuan [1] Company Overview - Ningbo Jialian Technology specializes in the research, production, and sales of plastic products, biodegradable products, and plant fiber products, with a revenue composition of 74.96% from plastic products, 12.82% from biodegradable products, 6.77% from paper products, and 5.45% from plant fiber products [7] - The company was established on August 7, 2009, and went public on December 9, 2021 [7] Business Performance - For the first quarter of 2025, the company achieved a revenue of 506 million yuan, representing a year-on-year growth of 1.29%, while the net profit attributable to shareholders was a loss of 24.96 million yuan, a decrease of 157.54% year-on-year [7][8] - As of March 31, the number of shareholders increased by 13.93% to 5,694, while the average circulating shares per person decreased by 12.21% [7] Market Position and Strategy - The company is a leading player in the global plastic dining utensils manufacturing industry, with 70.47% of its sales coming from exports, primarily to developed regions such as North America, Europe, and Oceania [2] - The company has also expanded its online market through cross-border e-commerce platforms [2] Financial Insights - The average trading cost of the stock is 18.33 yuan, with recent buying activity observed, although the strength of this accumulation is weak [6] - The stock is currently trading between a resistance level of 19.62 yuan and a support level of 17.82 yuan, indicating potential for range trading [6] Recent Developments - The company focuses on the research and application of PLA materials and has positioned itself in the consumer-grade FDM materials and products sector [2] - The company has not yet established a partnership with Pop Mart, indicating potential future collaboration opportunities [2]