Group 1: Tariff Response Strategies - The company aims to mitigate the impact of the 60% tariff on exports to the U.S. through strategic measures, including flexible pricing adjustments and enhanced communication with U.S. clients [2][3] - A market diversification strategy will be implemented to reduce reliance on a single market and spread tariff risks [2] - Supply chain optimization will focus on finding cost-effective raw material suppliers and production partners [2] Group 2: Wall Panel Business Growth - The wall panel business has seen revenue growth due to its complex production process and higher market demand compared to wood-plastic flooring [4] - The wall panels offer significant advantages in performance, installation, and application, meeting consumer demands for aesthetics and durability [4] - The market for wall panels is expected to expand as consumer preferences shift towards personalized and visually appealing home renovations [4] Group 3: Mergers and Acquisitions Strategy - The company views mergers and acquisitions as key to expanding its product range and enhancing competitiveness [5][6] - Current acquisition strategies focus on expanding product types, particularly in outdoor and garden categories [6] - The company is actively pursuing channel integration, especially in overseas sales, to improve market coverage and sales efficiency [6] Group 4: Leadership and Succession Planning - The current chairman, Lin Dongrong, remains actively involved in the company's operations with no immediate retirement plans [7] - The company has established incentive mechanisms and talent development systems to retain key personnel and enhance management capabilities [7] - A modern corporate governance structure is in place to ensure long-term stability and smooth leadership transitions [7] Group 5: U.S. Market Development - The company operates in over 50 countries, primarily selling through its brand "NEWTECHWOOD" and establishing a network of distributors [8] - In the U.S. market, the company employs a differentiated strategy, leveraging partnerships with major home improvement retailers [8] - Despite the competitive landscape, the company aims to enhance its market share and industry competitiveness through product innovation and brand building [8] Group 6: Core Competitiveness and Future Plans - The company has over 20 years of experience in the wood-plastic industry, with a strong focus on R&D and technical expertise [9] - Over 90% of sales come from its own brand, supported by a broad sales network and high market recognition [9] - Future plans include continued R&D investment, product line expansion, and strengthening brand promotion to enhance customer loyalty [9][10]