HXPP(SZ:002228)2022-12-08 02:16Group 1: Company Overview - The company serves various industries including home appliances, IT, food and beverage, daily chemicals, furniture, and pharmaceuticals [1] - The company currently has 25 production bases [2] Group 2: PAAS Project - The PAAS (Packaging as a Service) project integrates planning, design, procurement, smart production, and data sharing, aiming to create a resource integration and sharing platform [2] - PAAS addresses customer pain points by allowing them to focus on core business while effectively reducing packaging costs and improving management efficiency [2] - The PAAS project is expected to create a trillion-level market space, offering significant growth potential compared to traditional packaging industries [2] Group 3: Financial Information - The company has established two industry funds, with the first fund targeting a scale of RMB 400 million (initial phase of RMB 200 million) and the second fund targeting RMB 800 million (initial phase of RMB 200 million) [3] - The first fund has completed its initial fundraising and has begun operations [3] Group 4: Customer Relationships - The typical payment terms for upstream suppliers are 30 days, while downstream customers vary by industry: 30-60 days for food and beverage and 60-90 days for electronics [2] - Large clients generally select 2-4 suppliers, with some cases opting for exclusive arrangements [2] Group 5: O2O Project - The company is developing an O2O (Online to Offline) packaging platform to cater to the growing demand for personalized and diverse packaging solutions from small and medium enterprises [3] - The integration of internet technology into packaging is expected to enhance product functionality and provide real-time monitoring of product quality and safety [3]