Core Viewpoint - Gaode Carpet Company is a leading player in the domestic carpet industry, achieving significant production and sales milestones while facing challenges typical of traditional manufacturing, such as reliance on foreign trade and inventory pressure [1][3]. Group 1: Company Overview - Gaode Carpet Company operates with 8 flat screen printing lines and 2 round screen printing lines, producing over 20 million carpets annually [1]. - The company has a sales revenue exceeding 500 million yuan, with products exported to over 60 countries and regions worldwide [1]. Group 2: Challenges Faced - The company faces challenges including a single market structure due to over-reliance on foreign trade orders, long capital turnover cycles, and high inventory pressure [3]. - Increased volatility in international market demand has necessitated the exploration of new growth avenues for traditional manufacturing enterprises [3]. Group 3: Digital Transformation - A partnership with Shupai Group's Shupai Yigou has enabled Gaode Carpet to establish an online bridge to the domestic market, facilitating direct consumer access [3]. - The new digital model allows for immediate full payment upon contract signing, significantly improving cash flow and reducing inventory risks [3]. Group 4: Future Outlook - The company anticipates continued growth in domestic orders and improved operational efficiency through digital capabilities [3]. - Gaode Carpet aims to innovate product lines based on insights into domestic consumer demands for high-quality and personalized products, contributing to the digital transformation of the home textile industry [3].

Group 1: Market Strategy - The company plans to deepen channel penetration in traditional core markets like the Middle East and North Africa, while also exploring differentiated marketing strategies in potential markets such as South America, Central Africa, and Europe to gradually increase market share [1] - The company aims to explore new channels like cross-border e-commerce and direct supply to supermarkets to cultivate new growth points [1] Group 2: Economic Environment - The textile industry in 2024 faces a challenging production and sales situation, with global supply chains adjusting due to trade frictions, leading to some textile production capacity moving to Southeast Asia and North Africa [2] - The company adopts a multi-market and multi-client strategy to hedge against risks from single market fluctuations and closely monitors exchange rate changes [2] Group 3: Product Development - The company focuses on a multi-product line strategy, primarily concentrating on core businesses like Korean-style carpets and cloud carpets, while the composite carpet category is still in the early growth stage [2] - The overall price trend for carpets has been declining, prompting the company to monitor market trends and assess business potential for timely adjustments [2] Group 4: Competitive Response - In response to the rapid development of the home goods industry and evolving consumer demands, the company aims to produce high-quality products that meet segmented market needs [2] - The company plans to enhance innovation in patterns, processes, and materials to establish a multi-dimensional quality assurance and evaluation system [2] Group 5: Investor Relations - The company places high importance on investor relations management, maintaining effective communication with institutional investors through various channels such as investor hotlines, emails, shareholder meetings, and performance briefings [3]