HXPP(SZ:002228)2022-12-06 11:31Strategic Goals - The company aims to establish a "100 billion manufacturing and 1 trillion service packaging industry resource integration and sharing platform" as part of its strategic goals, focusing on comprehensive industrial upgrades [1]. Intelligent Packaging Integration Services - Currently, the company collaborates with Goodbaby Group and Zhejiang Taipusen Leisure Products Co., Ltd. to provide comprehensive one-stop intelligent packaging integration services [2]. - The profit model for intelligent packaging integration services includes service fees divided into: 1) costs for replacing manual labor with machines and managing on-site and warehouse logistics; 2) transportation and management of packaging materials, along with potential future costs for main materials produced by the company [2]. Industry Trends - The packaging industry is facing trends of diversified, complex, intelligent, and media-driven customer demands, which will pose new challenges and requirements [2]. - Increased competition and accelerated industry consolidation are expected, leading to a higher concentration in the industry. Smaller enterprises with weak competitive advantages may be gradually eliminated due to financial or environmental issues [2]. - In comparison, the concentration levels in overseas packaging industries are significantly higher, with the top 5 companies in the U.S. holding over 70% market share, top 2 in Australia over 90%, and top 3 in Taiwan over 50%. There is substantial room for improvement in China's industry concentration [2]. Packaging Industry Supply Chain Cloud Platform (PSCP) - The PSCP project was developed in response to the slowing growth rate of the packaging industry, overall excess capacity, intensified competition, order shortages, and significant financial pressures, making industry consolidation and elimination of excess capacity urgent [2]. - The PSCP aims to collaborate with numerous excellent small and medium-sized packaging enterprises to support their development, integrate the industry chain, and achieve a win-win situation for optimizing and upgrading the packaging industry [2].