Core Viewpoint - Hanhigh Group (001221) successfully held an online roadshow for its initial public offering and main board listing on July 18, emphasizing its commitment to technology development and improvement since its establishment [1] Group 1: Technology Development - The company has developed unique advantages in key technologies through years of research and the cultivation of professional talent [1] - Hanhigh Group possesses a range of independently developed technologies that meet market demands and align with industry trends, focusing on areas such as hardware baskets, kitchen sinks, and outdoor furniture [1] - Future technology reserves will concentrate on the aforementioned fields, with a close watch on industry technological advancements [1] Group 2: Innovation and Market Strategy - The company aims to deepen its engagement in the home hardware and outdoor furniture industries, maintaining a market-oriented approach [1] - Key directions for future technological innovation will include achieving technical upgrades of existing products, introducing new product lines, and accelerating automation and intelligent production upgrades [1] - The goal is to establish a series of product and technology patents, with large-scale applications expected within the next 3-5 years [1]

Industry Overview - The home hardware market is substantial, with a market size nearing 300 billion yuan, driven by economic growth, rising income levels, and urbanization [1] - There is a growing demand for aesthetic and functional product features, highlighting a shortage of mid-to-high-end products with independent brands [1] - Companies in the industry need to invest more in technology development, product iteration, and industrial transformation to meet the evolving consumer demands [1] Company Performance - From 2022 to 2024, the company's revenue is projected to grow from 1.620 billion yuan to 2.857 billion yuan, with a compound annual growth rate (CAGR) of 32.78% [2] - The net profit, excluding non-recurring items, is expected to increase from 198.69 million yuan to 520.35 million yuan, reflecting a CAGR of 61.83% [2] - The company's net asset size is anticipated to expand from 882 million yuan to 1.746 billion yuan during the same period [2] Strategic Initiatives - The company is developing a production base exceeding 600,000 square meters and employs nearly 3,000 people, ranking 190th among the top 500 manufacturing enterprises in Guangdong Province for 2024 [2] - The company plans to extend its business into full-house hardware, aiming to increase market share in wardrobe hardware, smart lighting, and bathroom hardware [2] - The company is expected to leverage capital market integration to enhance its automated production system, solidifying its leading position in the home and furniture hardware sectors [2]