SEAGULL(SZ:002084)2023-12-06 11:13Group 1: Business Strategy - The company focuses on a dual circulation development strategy, balancing both domestic and international markets to adapt to market changes and global trends [1] - The main business remains centered on the manufacturing and sales of bathroom and kitchen products, with efforts to deepen cooperation with key international clients [1] - The company aims to enhance its domestic market share through standardized design, industrial production, integrated assembly, and information management [1] Group 2: Manufacturing Expansion - The company has established two new manufacturing bases in Vietnam to meet the supply chain diversification needs of its bathroom brand clients in China [1] - The Vietnam factories will support the production of copper and zinc alloy components, enhancing the overall production capacity and efficiency [2] - The company is committed to building a comprehensive production base in Vietnam, focusing on achieving certifications such as IAPMO, SA8000, and ISO17025 [2] Group 3: Market Development - The company plans to leverage the RCEP agreement and the Belt and Road Initiative to implement a long-term strategy of "one design, multiple manufacturing locations" [2] - The strategic layout includes serving the domestic market from Chinese factories and the U.S. market from Vietnamese factories, with future expansions into RCEP member countries [2] - Continuous support for the construction of the Vietnam factory is emphasized, including talent development and automation initiatives [1][2]