YOTRIO(SZ:002489)2025-02-17 14:01Group 1: Company Overview - Zhejiang Yongqiang Group is a high-tech enterprise engaged in the design, research and development, production, and sales of outdoor leisure furniture and products, including three main series: outdoor leisure furniture, sunshades, and tents [1] - The company's business operates on a seasonal basis, with the fiscal year running from July to the following June, and the majority of orders processed between November and March/April [2] Group 2: Profit Insights - The profit for 2024 includes not only the main business profits but also non-recurring gains such as compensation for land and factory expropriation, as well as returns from secondary market stock investments [3] Group 3: Global Expansion - The company is primarily export-oriented and is considering global capacity layout and supply chain arrangements, having established a management platform in Singapore in 2023 and subsidiaries in Vietnam and Thailand in 2024 to adapt to international trade dynamics [4] Group 4: SPAC Progress - Blue Star Holdings has transferred its interests, and Hong Kong Yongqiang's indirect holdings in Blue Star Company have been converted to direct shares in TOYO Co., Ltd (stock code: TOYO) [5]