Fangda Packaging(838163)2025-02-17 11:55Group 1: Company Performance - In 2024, the company's overall sales are expected to see a significant increase, with a projected revenue of 5.1 billion CNY by the end of Q3 2024, representing a 43.66% year-on-year growth compared to the entire revenue of 2023 [4] - The company aims to double its revenue from self-adhesive materials, leveraging the launch of three automated production lines [4] Group 2: Industry Overview - The upstream of the self-adhesive materials industry includes raw materials such as face materials (copper plate paper, thermal paper, etc.), adhesives (hot melt, water-based, etc.), and backing paper [5] - The downstream involves cutting self-adhesive materials for printing needs, with applications in logistics, food, beverage, and pharmaceuticals [6] Group 3: Market Trends - The logistics industry is experiencing rapid growth, with parcel volumes in major Western countries increasing from 43 billion in 2014 to 168.6 billion in 2023, a fourfold increase [7] - In 2024, China's express delivery volume is expected to reach 1.758 billion parcels, marking a 21.5% year-on-year growth, maintaining its position as the world's largest market for express delivery [7] Group 4: Future Strategies - In 2025, the company plans to install three additional automated coating production lines and two automated face material processing lines to expand production capacity [8] - The company will focus on recruiting top talent and enhancing its market presence both domestically and internationally, aiming to improve market share and profitability [8]