来源：新浪证券-红岸工作室 12月12日，致欧科技跌0.21%，成交额2550.98万元，换手率0.69%，总市值76.43亿元。 异动分析 露营经济+网红经济+跨境电商+人民币贬值受益+宠物经济 1、2023年6月1日招股书显示公司庭院系列产品分为庭院家居类、休闲类和运动类。其中,庭院家居类主 要包括藤编家具套装、篱笆、花园桌、太阳伞等产品;休闲类主要包括吊床、吊椅、野餐垫、睡袋、休 闲椅、行军床、秋千等产品。 2、根据2023年11月23日互动易显示，公司根据产品使用场景和网红粉丝画像进行选择合作红人，公司 已与@paula_silvagni_interiors（INS 56万粉丝）、@maria_nordichouse（INS 50万粉丝）等网红达人开展 过合作。公司已与网红达人合作在美国Tik Tok直播带货，目前贡献的销售额较小 3、2023年6月9日互动易：公司经过多年持续对仓储物流体系的建设，已建立了具有差异化竞争优势的 "国内外自营仓+平台仓+第三方合作仓"跨境电商出口仓储物流体系。目前，公司在德国、美国等地设 立了多个海外自营仓，可以实现仓储物流自主管控，提高了发货、退换货、售后服务等业务环 ...

来源：新浪证券-红岸工作室 12月10日，致欧科技涨1.26%，成交额3351.49万元，换手率0.90%，总市值77.80亿元。 异动分析 露营经济+网红经济+跨境电商+人民币贬值受益+宠物经济 1、2023年6月1日招股书显示公司庭院系列产品分为庭院家居类、休闲类和运动类。其中,庭院家居类主 要包括藤编家具套装、篱笆、花园桌、太阳伞等产品;休闲类主要包括吊床、吊椅、野餐垫、睡袋、休 闲椅、行军床、秋千等产品。 2、根据2023年11月23日互动易显示，公司根据产品使用场景和网红粉丝画像进行选择合作红人，公司 已与@paula_silvagni_interiors（INS 56万粉丝）、@maria_nordichouse（INS 50万粉丝）等网红达人开展 过合作。公司已与网红达人合作在美国Tik Tok直播带货，目前贡献的销售额较小 3、2023年6月9日互动易：公司经过多年持续对仓储物流体系的建设，已建立了具有差异化竞争优势的 "国内外自营仓+平台仓+第三方合作仓"跨境电商出口仓储物流体系。目前，公司在德国、美国等地设 立了多个海外自营仓，可以实现仓储物流自主管控，提高了发货、退换货、售后服务等业务环 ...

来源：新浪证券-红岸工作室 12月4日，致欧科技涨0.90%，成交额3848.19万元，换手率1.05%，总市值76.39亿元。 异动分析 露营经济+网红经济+跨境电商+人民币贬值受益+宠物经济 1、2023年6月1日招股书显示公司庭院系列产品分为庭院家居类、休闲类和运动类。其中,庭院家居类主 要包括藤编家具套装、篱笆、花园桌、太阳伞等产品;休闲类主要包括吊床、吊椅、野餐垫、睡袋、休 闲椅、行军床、秋千等产品。 2、根据2023年11月23日互动易显示，公司根据产品使用场景和网红粉丝画像进行选择合作红人，公司 已与@paula_silvagni_interiors（INS 56万粉丝）、@maria_nordichouse（INS 50万粉丝）等网红达人开展 过合作。公司已与网红达人合作在美国Tik Tok直播带货，目前贡献的销售额较小 3、2023年6月9日互动易：公司经过多年持续对仓储物流体系的建设，已建立了具有差异化竞争优势的 "国内外自营仓+平台仓+第三方合作仓"跨境电商出口仓储物流体系。目前，公司在德国、美国等地设 立了多个海外自营仓，可以实现仓储物流自主管控，提高了发货、退换货、售后服务等业务环节 ...

Core Viewpoint - The company, Zhiyou Technology, is experiencing growth in its business driven by trends in the camping economy, influencer marketing, cross-border e-commerce, and the pet economy, with a significant portion of its revenue coming from overseas due to the depreciation of the RMB [2][3]. Group 1: Company Overview - Zhiyou Technology was established on January 8, 2010, and is located in Zhengzhou, Henan Province. The company focuses on the research, design, and sales of its own brand home products [7]. - The company's main business revenue composition is 99.09% from cross-border e-commerce retail and 0.91% from other sources [7]. - As of September 30, 2025, the company had 10,500 shareholders, a decrease of 7.59% from the previous period, with an average of 18,473 circulating shares per person, an increase of 8.21% [8]. Group 2: Financial Performance - For the period from January to September 2025, Zhiyou Technology achieved a revenue of 6.082 billion yuan, representing a year-on-year growth of 6.18%. However, the net profit attributable to the parent company was 272 million yuan, a decrease of 2.09% year-on-year [8]. - The company has distributed a total of 401 million yuan in dividends since its A-share listing [9]. Group 3: Market Position and Strategy - The company has established a differentiated competitive advantage in its cross-border e-commerce export logistics system, which includes domestic and overseas self-operated warehouses, platform warehouses, and third-party cooperative warehouses [2]. - As of the 2024 annual report, overseas revenue accounted for 98.88% of the company's total revenue, benefiting from the depreciation of the RMB [3]. - The company has collaborated with influencers on platforms like TikTok to promote its products, although the current contribution to sales from these collaborations is relatively small [2].

Core Viewpoint - The company, Zhiyou Technology, is experiencing growth in its overseas revenue, primarily benefiting from the depreciation of the RMB and the rise of the camping, pet, and cross-border e-commerce economies [2][3]. Company Overview - Zhiyou Technology, established on January 8, 2010, is located in Zhengzhou, Henan Province, and was listed on June 21, 2023. The company focuses on the research, design, and sales of its own brand home products [7]. - The main business revenue composition includes 99.09% from cross-border e-commerce retail and 0.91% from other sources [7]. Financial Performance - As of September 30, 2025, Zhiyou Technology reported a revenue of 6.082 billion yuan, representing a year-on-year growth of 6.18%. However, the net profit attributable to the parent company was 272 million yuan, showing a decrease of 2.09% year-on-year [8]. - The company has distributed a total of 321 million yuan in dividends since its A-share listing [9]. Market Position and Strategy - The company has established a differentiated competitive advantage in its cross-border e-commerce export logistics system, which includes domestic and overseas self-operated warehouses, platform warehouses, and third-party cooperative warehouses [2]. - As of November 23, 2023, the company has collaborated with influencers on platforms like TikTok to promote its products, although the sales contribution from these efforts is currently small [2]. Product Offerings - Zhiyou Technology's product lines include courtyard home products, leisure products, and pet products, with a significant focus on outdoor and pet-related items [2][3]. - The overseas revenue accounted for 98.88% of the total revenue, benefiting from the depreciation of the RMB [3].

Core Viewpoint - The company, Zhiyou Technology, is experiencing fluctuations in stock performance and is leveraging various economic trends such as camping, influencer marketing, cross-border e-commerce, and the pet economy to enhance its business model [2][4]. Company Overview - Zhiyou Technology, established on January 8, 2010, is located in Zhengzhou, Henan Province, and was listed on June 21, 2023. The company focuses on the research, design, and sales of its own brand home products, with 99.09% of its revenue coming from cross-border e-commerce [7]. - As of September 30, 2025, the company had 10,500 shareholders, a decrease of 7.59% from the previous period, and an average of 18,473 circulating shares per person, which increased by 8.21% [8]. Financial Performance - For the period from January to September 2025, Zhiyou Technology achieved a revenue of 6.082 billion yuan, representing a year-on-year growth of 6.18%. However, the net profit attributable to the parent company was 272 million yuan, a decrease of 2.09% year-on-year [8]. - The company has distributed a total of 321 million yuan in dividends since its A-share listing [9]. Market Position and Strategy - The company has developed a differentiated competitive advantage in its cross-border e-commerce logistics system, establishing self-operated warehouses in countries like Germany and the United States, which enhances operational efficiency and customer satisfaction [2][3]. - The product range includes outdoor and pet-related items, with a focus on influencer collaborations to drive sales, particularly through platforms like TikTok [2][3]. Stock Performance - On November 7, the stock price of Zhiyou Technology fell by 1.23%, with a trading volume of 36.3528 million yuan and a market capitalization of 7.413 billion yuan [1]. - The average trading cost of the stock is 19.34 yuan, with the current price approaching a support level of 18.41 yuan, indicating potential volatility [6].

Core Viewpoint - The company, Zhiyou Technology, is experiencing growth driven by various economic trends, including the camping economy, influencer marketing, cross-border e-commerce, and the pet economy, alongside benefiting from the depreciation of the RMB. Group 1: Company Overview - Zhiyou Technology was established on January 8, 2010, and is located in Zhengzhou, Henan Province. The company focuses on the research, design, and sales of its own brand home products. Its main business revenue composition is 99.09% from cross-border e-commerce retail and 0.91% from other sources [7]. - As of June 30, 2023, the company had 11,300 shareholders, an increase of 26.05% from the previous period, with an average of 17,072 circulating shares per person, a decrease of 20.35% [8]. Group 2: Financial Performance - For the first half of 2025, Zhiyou Technology achieved a revenue of 4.044 billion yuan, representing a year-on-year growth of 8.68%. The net profit attributable to the parent company was 190 million yuan, an increase of 11.03% year-on-year [8]. - The company has distributed a total of 321 million yuan in dividends since its A-share listing [8]. Group 3: Product and Market Strategy - The company's product lines include courtyard home products, leisure products, and sports products, with a focus on items such as rattan furniture sets, fences, garden tables, and sunshades [2]. - Zhiyou Technology has established a differentiated competitive advantage in its cross-border e-commerce logistics system, with self-operated warehouses in Germany and the United States, enhancing operational efficiency in shipping, returns, and customer service [2][3]. Group 4: Market Trends and Collaborations - The company is leveraging influencer marketing by collaborating with social media influencers to promote its products, although current sales contributions from these collaborations are relatively small [2]. - The overseas revenue accounted for 98.88% of the company's total revenue, benefiting from the depreciation of the RMB [3].

Core Viewpoint - The company, Zhiyou Technology, is benefiting from various economic trends including the camping economy, influencer economy, cross-border e-commerce, and the pet economy, with a significant portion of its revenue coming from overseas due to the depreciation of the RMB [2][3]. Company Overview - Zhiyou Technology, established on January 8, 2010, is located in Zhengzhou, Henan Province, and was listed on June 21, 2023. The company focuses on the research, design, and sales of its own brand home products, with 99.09% of its revenue coming from cross-border e-commerce [7]. - As of June 30, 2023, the company had 11,300 shareholders, an increase of 26.05% from the previous period, with an average of 17,072 circulating shares per person, a decrease of 20.35% [8]. Financial Performance - For the first half of 2025, Zhiyou Technology achieved a revenue of 4.044 billion yuan, representing a year-on-year growth of 8.68%, and a net profit attributable to shareholders of 190 million yuan, up 11.03% year-on-year [8]. - The company has distributed a total of 321 million yuan in dividends since its A-share listing [8]. Product and Market Strategy - The company's product lines include outdoor and pet-related items, with a focus on creating differentiated products for various usage scenarios. The pet product line includes cat trees, pet beds, and other furniture [2][3]. - Zhiyou Technology has established a cross-border e-commerce logistics system with self-operated warehouses in Germany and the United States, enhancing operational efficiency and customer satisfaction [2][3]. Market Trends and Influencer Collaborations - The company is leveraging influencer marketing by collaborating with social media personalities to promote its products, although current sales contributions from these efforts are relatively small [2]. - The company’s overseas revenue accounted for 98.88% of total revenue, benefiting from the depreciation of the RMB [3].

Core Viewpoint - The company, Zhiyou Technology, is benefiting from various economic trends including the camping economy, influencer economy, cross-border e-commerce, and the pet economy, with a significant portion of its revenue coming from overseas due to the depreciation of the RMB [2][3]. Company Overview - Zhiyou Technology, established on January 8, 2010, is located in Zhengzhou, Henan Province, and was listed on June 21, 2023. The company focuses on the research, design, and sales of its own brand home products, with 99.09% of its revenue coming from cross-border e-commerce [7]. - As of June 30, 2025, the company reported a revenue of 4.044 billion yuan, representing a year-on-year growth of 8.68%, and a net profit of 190 million yuan, up 11.03% year-on-year [8]. Product Lines - The company offers a range of courtyard products categorized into home, leisure, and sports products, including rattan furniture sets, fences, garden tables, and sun umbrellas [2]. - The pet product line includes cat climbing frames, pet beds, and other pet furniture [3]. Market Position and Strategy - The company has established a differentiated competitive advantage in its cross-border e-commerce logistics system, with self-operated warehouses in Germany and the United States, enhancing operational efficiency and customer satisfaction [2]. - The overseas revenue accounted for 98.88% of total revenue, benefiting from the depreciation of the RMB [3]. Shareholder and Financial Information - As of June 30, 2025, the number of shareholders increased by 26.05% to 11,300, with an average of 17,072 shares per person, a decrease of 20.35% [8]. - The company has distributed a total of 321 million yuan in dividends since its A-share listing [8].

Core Viewpoint - The company, Zhiyou Technology, is benefiting from various economic trends including the camping economy, influencer economy, cross-border e-commerce, and the pet economy, with a significant portion of its revenue coming from overseas due to the depreciation of the RMB [2][3]. Company Overview - Zhiyou Technology, established on January 8, 2010, is located in Zhengzhou, Henan Province, and was listed on June 21, 2023. The company focuses on the research, design, and sales of its own brand home products, with 99.09% of its revenue coming from cross-border e-commerce [7]. - As of June 30, 2025, the company had 11,300 shareholders, an increase of 26.05% from the previous period, with an average of 17,072 circulating shares per person, a decrease of 20.35% [8]. Financial Performance - For the first half of 2025, Zhiyou Technology achieved a revenue of 4.044 billion yuan, representing a year-on-year growth of 8.68%, and a net profit attributable to shareholders of 190 million yuan, up 11.03% year-on-year [8]. - The company has distributed a total of 321 million yuan in dividends since its A-share listing [8]. Product and Market Strategy - The company’s product lines include courtyard home products, leisure products, and pet products, with a focus on outdoor and pet furniture [2][3]. - Zhiyou Technology has established a differentiated competitive advantage in its cross-border e-commerce logistics system, with self-operated warehouses in Germany and the USA, enhancing operational efficiency and customer satisfaction [2][3]. Market Trends and Influencer Collaborations - The company collaborates with influencers based on product usage scenarios and follower demographics, having partnered with influencers on platforms like TikTok to drive sales, although current contributions are relatively small [2][3]. Shareholder and Market Activity - As of the latest data, the main capital inflow for the company was negative, indicating a reduction in major shareholder positions, with a net outflow of 1.7892 million yuan [4][5]. - The average trading cost of the stock is 19.47 yuan, with the stock price nearing a support level of 19.16 yuan, suggesting potential volatility [6].