Group 1: International Business Development - The company has established a sales network in over 40 countries and regions, including Vietnam, Russia, Thailand, and Brazil, adhering to a "deepening domestic and breaking through overseas" market strategy [2][3]. - In the first half of 2025, the company reported a year-on-year growth of over 20% in overseas business revenue for both 2023 and 2024 [4]. Group 2: Corn Protein Processing Project - The company is constructing a corn protein processing project with an annual capacity of 100,000 tons, expected to be completed in 2025 [5]. - Once fully operational, the project will provide 100,000 tons of corn protein products annually, contributing significantly to the global feed industry and generating new revenue streams for the company [5]. Group 3: Product Applications and Advantages - The corn protein products will primarily serve the poultry and aquaculture sectors, diversifying the company's product strategy to mitigate market volatility risks [6][7]. - The project utilizes local corn by-products, enhancing the nutritional value of corn protein through enzymatic hydrolysis, which improves digestibility and absorption [7]. Group 4: Competitive Advantages - The company's core competitive advantages are reflected in three dimensions: product innovation, market management, and talent development [8][9][10]. - The company emphasizes a "full nutrition" product strategy, leveraging proprietary technologies to cater to different animal growth stages and market needs [8]. Group 5: Future Business Plans - The company is exploring opportunities in the pet food and feed sectors, having established partnerships with companies like Fubei [11]. - The company maintains a focus on managing accounts receivable and credit risk through differentiated credit policies and enhanced customer management [12]. Group 6: Digital Transformation - The company has implemented an ERP system and smart manufacturing systems to enhance operational efficiency and customer satisfaction [14]. - The integration of sales, procurement, and production plans aims to improve information accuracy and workflow efficiency [14].

Group 1: International Market Development - The company has established a sales network in over 40 countries and regions, including Vietnam, Russia, Thailand, and Brazil, by the end of 2024 [3][10] - International market business revenue grew by over 25% year-on-year in 2024, with overseas business accounting for over 38% of total revenue [3][9] - The company aims to enhance its international market influence and position through increased investment and product launches along the "Belt and Road" initiative [3][9] Group 2: Competitive Advantages - The company has over 20 years of experience in international market development, establishing a unique brand image and a comprehensive sales network [4] - A high-quality, professional international team provides comprehensive services to overseas distributors and customers, enhancing brand value and differentiation [4] - The company actively participates in global exhibitions and forums to strengthen its brand presence in international markets [4] Group 3: Corn Protein Processing Project - The company is investing in a corn protein processing project with an annual capacity of 100,000 tons, addressing the domestic shortage of feed protein resources [5][6] - The project is expected to enhance the nutritional value and functionality of corn protein products, aligning with national industry policies [5][6] - Upon full completion, the project will provide a diverse product range, mitigating market volatility risks and expanding revenue growth opportunities [6][7] Group 4: Product Strategy and Market Focus - The company’s product strategy emphasizes "diversified nutrition" and focuses on pigs, ruminants, poultry, and aquaculture [12] - In 2024, the revenue breakdown for main products was 60.93% for functional feed additives, 19.97% for nutritional feed additives, and 12.84% for enzymatic protein feed materials, with growth rates of 6.77% and 9.81% respectively [11] - The company plans to enhance its product line and market presence through increased R&D investment and the introduction of high-value products [12]