Group 1: Market Overview - The Chinese pet market has seen rapid growth since 2010, with a significant increase in pet ownership and spending [2] - By 2024, the number of urban pet owners (dogs and cats) is projected to reach 76.89 million, a 2.4% increase from 2023 [2] - The urban pet consumption market is expected to reach 300.2 billion CNY in 2024, reflecting a 7.5% growth from 2023 [2] - The number of pet dogs is anticipated to be 52.58 million, a 1.6% increase, while pet cats are expected to reach 71.53 million, a 2.5% increase [2] Group 2: Company Acquisition - The company has acquired Guangzhou Taotong Technology Co., Ltd., an e-commerce service provider for global brands [3] - Taotong specializes in e-commerce sales services and digital marketing, serving major brands across various sectors [3] - The company operates over 30 official flagship stores on platforms like Tmall and JD, enhancing brand and product operations [3] Group 3: Supply Chain Management - The company has developed a robust supply chain management system to meet diverse customer needs, ensuring reliable and timely product supply [5] - It is expanding its overseas supply chain capabilities, particularly in Vietnam and Cambodia, to enhance production capacity [5] - The company is actively working on a pet cage project in Vietnam to strengthen its international production capabilities [5] Group 4: Brand Development - The company is focusing on building its own brands, optimizing the integration of production, research, supply, and sales [5] - The Petstar brand has shown significant progress, along with the introduction of new brands like Xiaoshouxing and Chunmian [5] Group 5: Production Forecast - The production volume of pet products is expected to increase by 41.6% in 2024, reaching 7.148 million units, driven by higher output from Cambodia and Vietnam [5]
天元宠物(301335) - 301335天元宠物投资者关系管理信息20250508