Company Overview - The company focuses on the research, production, and sales of high-specification down products, primarily goose and duck down, used in clothing and bedding [2] - It aims to lead industry standards through technological strength and quality service, contributing to high-quality industry development [2] - The company operates a national-level green factory with a daily operation capacity of 10,000 tons of reclaimed water, promoting energy conservation and carbon reduction [2] Sales and Supply Chain - The company employs a direct sales model, signing contracts directly with brand customers such as HLA, Semir, and Bosideng [3][4] - Main raw materials include white goose down, white duck down, gray goose down, and gray duck down, with procurement based on market trends and production plans [4] - Strategic partnerships with core suppliers are being established, focusing on annual procurement agreements [4] Financial Performance - The company's gross profit margins for the reporting periods were 23.03%, 21.82%, and 25.57%, with an increase in 2024 attributed to a higher proportion of standard products and rising market prices [5] - Effective procurement strategies and prior inventory reserves contributed to the improved gross margin [5] Industry Relations - The upstream industry, particularly waterfowl farming, ensures stable raw material supply, directly impacting costs and availability of down materials [6] - The company's operations align with national industrial policies, being classified as an encouraged business and recognized as a national-level "green factory" [7] Regulatory Compliance - The company's business practices are in accordance with national economic development strategies and carbon neutrality goals [7]
古麒绒材(001390) - 001390古麒绒材投资者关系管理信息20250610