YASHA(SZ:002375)2022-12-03 08:34Group 1: Company Overview - Zhejiang Yasha Decoration Co., Ltd. has a registered capital of CNY 218 million and was established on June 25, 2009. It focuses on the design, manufacturing, and sales of traditional decoration components and building curtain walls [2] - Yasha Science and Technology Park Development (Shaoxing) Co., Ltd. is a wholly-owned subsidiary with a registered capital of CNY 50 million, established on August 1, 2019, responsible for the development and management of prefabricated decoration factories [2] Group 2: Production and Operations - The company has two production lines for prefabricated decoration, which were renovated from existing facilities, with equipment depreciation set at 10 years [2][3] - The prefabricated decoration factory has not yet reached full production capacity, primarily due to the low order volume in 2019, which was the first year of accepting such orders [3] Group 3: Market Position and Future Outlook - The company has developed its seventh generation of prefabricated products, which have undergone significant upgrades in core materials and technology, aligning well with market demands [3] - By 2025, it is projected that prefabricated buildings will account for no less than 50% of new constructions in certain cities, providing a favorable environment for the promotion of prefabricated markets and product implementation [3]