Core Viewpoint - Guangdong Taili Technology Group Co., Ltd. (Taili Technology) is set to be listed on the Shenzhen Stock Exchange's Growth Enterprise Market on May 19, marking a significant milestone in its 20-year journey of transforming advanced technology into new productive forces [1] Company Overview - Taili Technology focuses on vacuum and material technology, having established itself as a key player in the home storage market since its inception in 2003 [2][3] - The company has developed a strong partnership with the China Astronaut Center, supplying vacuum storage products for space missions [2] Financial Performance - From 2022 to 2024, Taili Technology's revenue is projected to grow from 638 million yuan to 1.02 billion yuan, with net profit increasing from approximately 58.84 million yuan to 87.64 million yuan, reflecting a stable growth trend [1][4] - The company has achieved a compound annual growth rate (CAGR) of 26.3% in revenue during this period [4] Product Development and Innovation - Taili Technology has invested heavily in R&D, establishing a dedicated team and laboratory to innovate and improve product offerings, including electric vacuum compression bags and vertical wall storage products [3][6] - The company has developed a unique vacuum compression technology that addresses consumer pain points, such as the cumbersome operation of traditional vacuum bags [5] Market Position and Strategy - Taili Technology has captured over 80% market share on platforms like Tmall and JD.com, positioning itself as a market leader in the vacuum storage segment [4] - The company has shifted its sales strategy from offline distribution to e-commerce, leveraging platforms like Taobao, JD, and Douyin to enhance its market reach [3] Future Growth Opportunities - The company plans to invest 320 million yuan in building a smart production and logistics center, aiming to create an "unmanned factory" through advanced technologies [7] - Taili Technology's R&D investment of 73.81 million yuan will focus on cutting-edge technologies, enhancing its core technical advantages [7] - The home storage market in China is still in its early stages, with significant growth potential, as evidenced by the increasing sales figures on e-commerce platforms [8][9]