Group 1: Inventory and Sales Impact - The normal inventory cycle for customers is generally 2-3 months. Previous high inventory levels were due to severe logistics issues, high shipping costs, and customs delays, exacerbated by external factors like the Russia-Ukraine conflict. Since the second half of 2024, the situation has improved [1] - Sales in the U.S. account for approximately 10% of the company's total, primarily through cross-border e-commerce. Price adjustments have been implemented without negatively impacting sales [1] - Inventory levels in Europe and America have returned to normal after several years of digestion [1] Group 2: Financial Performance - In Q1 2025, the company reported a revenue growth of 30.39% year-on-year and a net profit increase of 90%. This growth is attributed to recovering overseas market demand and high growth in cross-border e-commerce [2] Group 3: Brand Development and Marketing Strategy - The company plans to enhance its brand through participation in domestic and international trade shows, targeted marketing, improved product design, and after-sales service. There are also plans to expand cross-border e-commerce channels and explore live streaming and social media marketing [2] - The main online brands sold on Amazon include "joystar," "cycmoto," and "hiland," which rank among the top sellers. The current online penetration rate for bicycles is low, indicating significant growth potential [2] Group 4: Production and Cost Management - The new factory in Deqing has completed technological upgrades, reducing labor costs through automation and improving production efficiency. Currently, there are no significant fluctuations in raw material costs [2]
久祺股份(300994) - 300994久祺股份投资者关系管理信息20250606