Global Top(002640)2022-12-08 02:26Group 1: Company Overview - Kuaijingtong focuses on international supply chain services, particularly in the European market, with over 300 brand partnerships since 2011 [3] - The company has expanded into overseas warehousing since 2013, operating both co-built and self-operated warehouses [3] - Kuaijingtong's main business modules include logistics, distribution, and financial services, with logistics divided into bonded cloud warehouses and port construction [4] Group 2: Market Position and Competition - Kuaijingtong's market share in third-party platforms is below 20% [4] - The company emphasizes the importance of resource integration for success in a competitive landscape [4] - The profit margin for exports is currently higher than for imports [7] Group 3: Financial Performance and Strategy - Kuaijingtong's net profit is conservatively managed to attract suppliers and distributors to its platform [5] - The company aims to optimize its supply chain and expand its import business through multiple channels, including Tmall and JD [12] Group 4: Product and Service Development - The company plans to enhance its import offerings, focusing on categories such as maternal and infant products, health supplements, and cosmetics [12] - Kuaijingtong has established a self-built procurement team to ensure quality control and competitive pricing for imported products [6] Group 5: Operational Insights - The utilization rate of overseas warehouses is increasing, accounting for 25% of order volume [11] - The average turnover rate for overseas warehouses is approximately 2.5 to 3 months [12] - The company has a strong focus on improving customer service to enhance repeat purchase rates [8]