Damon(SH:688360)2024-02-27 08:38Group 1: Company Overview - Demar Technology Group Co., Ltd. is a comprehensive provider of core components, key equipment, and system solutions for logistics systems, covering the entire industry chain with a balanced and diverse global service area [5]. - The company has a long history in the logistics equipment industry and has entered the 2.0 era, focusing on globalization, digitalization, and organizational evolution [5]. Group 2: Market Position and Strategy - The company's market share for core components in China is approximately 30%, with the second competitor below 10%, indicating a significant market gap [7]. - Demar does not engage in price wars but aims to compete in international markets against overseas peers [7]. Group 3: International Business Growth - Overseas revenue currently accounts for 30% of total revenue, with a target to achieve a 1:1 revenue ratio between domestic and international sales within three years [8]. - The company has established a logistics system overseas to support the rapid development of new Chinese e-commerce forces like SHEIN and Pinduoduo [6][8]. Group 4: Cost Reduction Measures - Demar emphasizes high-quality products and believes cost reduction can be achieved through technological innovation, establishing an ecosystem for logistics technology integration, and standardizing modular solutions for reuse [9].