Group 1: Investment and Project Development - The company is focusing its fundraising on lightweight shared bicycles and high-end sports bicycles, with the project expected to be completed by June 30, 2025 [1] - The company aims to enhance R&D for high-end products and E-BIKE smart upgrades to meet market demand [1][2] Group 2: Sales Channels and Market Share - The company has established cross-border e-commerce platforms including AMAZON, Lazada, AliExpress, Walmart, and Shopee, and plans to expand these channels [2] - Prior to the Ukraine conflict, the sales share in the region was approximately 10%, with recovery expected as orders increase post-conflict [2][3] - The main sales regions are Europe and the Americas, with a focus on South America [3][4] Group 3: Financial Performance and Dividends - The cumulative cash dividend over the last three years accounted for 151% of the average annual net profit [5] - The company did not distribute dividends in 2024 but plans to increase the dividend ratio in response to policy changes [5] Group 4: Business Expansion and Strategy - The company plans to enhance its international market share by participating in more domestic and international exhibitions and exploring acquisition opportunities for well-known brands [6][7] - The core drivers for business growth include R&D capabilities, brand advantages, and global layout [7][8] Group 5: Industry Trends and Adaptation - The bicycle industry is experiencing growth in high-end product sales and a shift towards younger consumers and green travel [7] - The company is committed to developing high-end products and electric bicycles to adapt to these trends [7][9] Group 6: Risk Management and Operational Efficiency - To address potential risks from raw material price fluctuations and rising labor costs, the company is advancing automation and optimizing its supply chain [8][9] - The company plans to improve cash flow by enhancing accounts receivable management and inventory control [9][10]
久祺股份(300994) - 300994久祺股份投资者关系管理信息20250425