通达创智(001368) - 通达创智调研活动信息

Group 1: Company Overview and History - Tongda Chuangzhi (Xiamen) Co., Ltd. was established in 2016, with business operations starting in 2008 under Tongda Technology [1] - The company entered the global supply chain of leading sports brand Decathlon in 2009, providing manufacturing services [1] - The product development division began expanding its client base with brands like Wagner and IKEA in 2013 and 2014, respectively [2] Group 2: Business Strategy and Market Position - The company has adopted a diversified development strategy focusing on three main sectors: sports and outdoor, home living, and health care [2] - The primary clients are international brand groups, emphasizing supply chain stability and sustainable development [3] - The company aims to enhance its market share by deepening existing client relationships and expanding product categories [3] Group 3: Financial Performance and Growth Projections - The company expects significant growth starting in 2024, driven by increased market share with existing clients and new client acquisitions [3] - The overall order situation has improved in 2023, with expectations for noticeable recovery by Q4 [4] - The company maintains stable product pricing, with a focus on enhancing profitability through ODM (Original Design Manufacturer) services [4] Group 4: Production and Supply Chain Management - The company operates three main production bases in Xiamen, Shishi, and Malaysia, with plans to achieve a production capacity of 2-3 billion [7] - The production process is designed for high automation, particularly in the Shishi factory, which focuses on hardware manufacturing [7] - The company has a mature pricing linkage mechanism with its international clients, which mitigates the impact of raw material price fluctuations [5] Group 5: Client Relationships and Market Dynamics - The company’s client base primarily consists of large international brands, which have robust management systems and high global recognition [3] - New clients typically take 1-2 years to integrate into the supply chain, with deeper cooperation taking an additional 2-3 years [7] - The company’s products are characterized by "multi-category, small batch, and customization," allowing for flexible responses to market demands [8]