Core Insights - The sports industry in Sichuan is experiencing significant growth, with the total scale reaching approximately 500 billion yuan and over 1,700 manufacturing and related enterprises [5][6] - The 2023 national sports industry scale is nearly 3.7 trillion yuan, with a year-on-year growth of 11.3%, indicating a robust market demand [5] - The event in Chengdu serves as a platform for local sports equipment manufacturers to connect and explore new business opportunities, particularly in the booming badminton market [4][5] Industry Overview - The Sichuan sports manufacturing industry is thriving, with a focus on expanding local markets due to increasing consumer demand for sports products [5][6] - Major events like the Universiade and World University Games are driving the growth of sports consumption and the overall sports economy in Sichuan [5][6] Company Activities - Sichuan Handa Sports Goods Co., Ltd. is seeking partnerships to enter the badminton market, responding to rising customer demand [4][5] - Weimin Sports is expanding its retail presence in Sichuan, aiming for coverage in all 21 cities and states, and is shifting focus to consumer-oriented products [5][6] - Hongguan Carbon Fiber Technology Co., Ltd. has successfully launched lightweight carbon fiber pickleball paddles, selling 50,000 units last year, showcasing innovation in product development [6] Product Development - Companies are focusing on developing new products, such as the cost-effective badminton racket stringing machine by Nanji Feng, which has gained traction in the market [6][7] - The emphasis is on creating high-quality, locally produced sports products to meet the growing demand and enhance market competitiveness [6][7] Government Support - The Sichuan government is actively promoting high-quality development in the sports manufacturing sector, aiming to support digital transformation and smart upgrades in production [7] - Policies are being implemented to facilitate online and offline sales connections, helping companies secure orders and expand their market reach [7]