Guangdong Xinbao Electrical Appliances (SZ:002705)2022-12-06 11:16Group 1: Company Overview - The company is Guangdong Xinbao Electrical Appliances Co., Ltd., with stock code 002705 and abbreviation Xinbao Co., Ltd. [1] Group 2: Investor Relations Activity - The investor relations activity took place on January 15, 2016, from 1:30 PM to 3:00 PM at the company's headquarters [2] - Participants included representatives from Jiashi Fund and company executives [2] Group 3: Product Development - The company plans to launch personal care products, including hair dryers and electric toothbrushes [2] - The infant appliance product line includes milk warmers, food processors, and sterilizers, primarily for export, with no current domestic sales [2] Group 4: Sales Channels and Orders - Domestic sales are mainly through e-commerce, TV shopping, and gifts, with plans to explore new channels for growth [3] - Orders are characterized by small batches and multiple varieties, with annual production and sales exceeding 10 million units for products like electric kettles and coffee machines [3] Group 5: Labor and Growth Outlook - The company finds recruitment challenges more pronounced in small businesses, while larger companies have stable wage levels and dedicated recruitment teams [3] - Future growth points include expanding into home care appliances, infant appliances, and personal care appliances, while increasing investment in the domestic market [3] - The company expects steady sales growth in the first quarter of 2016 [3]