Group 1 - The first Guangdong Quality Products Exhibition concluded after three days, attracting over 82,000 visitors and generating a total transaction amount of 119 million RMB, including online sales [1][3] - The exhibition covered an area of nearly 50,000 square meters, featuring five themed exhibition areas and 42 product promotion and new product release events, with participation from 1,086 exhibiting companies across various sectors [3] - The event adopted an immersive consumer experience model, integrating exhibition, performance, and sales, which encouraged immediate purchasing decisions from attendees [3] Group 2 - Over 2,100 buyers from various channels, including supermarkets, e-commerce, and cross-border traders, attended the exhibition, with actual attendance reaching 80,000 [3] - The organizing committee hosted nearly 50 matchmaking activities, including the China (Guangdong)-Europe Economic and Trade Matchmaking Conference, resulting in over 20 cross-border cooperation intentions [3]

Core Viewpoint - The recent financial report of Jiangxin Home (301061) shows significant growth in revenue and profit, indicating strong operational performance and profitability improvements. Financial Performance - For the first half of 2025, the company reported total revenue of 1.681 billion yuan, a year-on-year increase of 39.29%, and a net profit attributable to shareholders of 432 million yuan, up 51.38% [1] - In Q2 2025, revenue reached 909 million yuan, reflecting a 40.26% increase year-on-year, while net profit for the quarter was 238 million yuan, up 44.73% [1] - The gross margin improved to 38.4%, with a year-on-year increase of 16.64%, and the net margin rose to 25.69%, up 8.68% [1] - Total operating expenses were 51.96 million yuan, accounting for 3.09% of revenue, which is a 35.68% increase year-on-year [1] Key Financial Metrics - Earnings per share (EPS) increased to 1.99 yuan, a 50.76% rise compared to the previous year [1] - The company's return on invested capital (ROIC) was reported at 18.94%, indicating strong capital returns [3] - Cash and cash equivalents increased by 68.35% to 1.725 billion yuan, while interest-bearing debt rose by 104.38% to 174 million yuan [1] Market Position and Strategy - The company primarily relies on the U.S. market, which accounts for over 90% of its revenue, indicating strong product acceptance in a competitive environment [5] - The company has focused its resources on the North American market, prioritizing deep partnerships with various retail channels [5] - Future plans include expanding into the Asia-Pacific and European markets, with ongoing market research and product testing to adapt to regional preferences and regulations [5] Fund Holdings - The largest fund holding Jiangxin Home shares is Yongying Ruixin Mixed A, with a scale of 2.043 billion yuan and a recent net value increase of 1.76% [4] - Several funds have increased their holdings in Jiangxin Home, indicating positive sentiment among institutional investors [4]