Kingdomway(SZ:002626)2022-12-06 11:28Group 1: Company Overview and Operations - The company has acquired the American health supplement brand DRB, which is known for its high-quality dietary supplements and has a significant presence on platforms like Amazon and iHerb [3][4]. - The acquisition includes a fully-owned subsidiary, VitaBest Nutrition, Inc., which has nearly 50 years of experience and offers contract manufacturing services in a pharmaceutical-grade environment [3][4]. Group 2: Future Sales Plans - The Doctor's Best brand products are primarily sold through cross-border e-commerce platforms and flagship stores on JD and Tmall, aiming to enhance brand influence in both domestic and international markets [4]. - The marketing team is actively exploring diverse sales channels and partnerships to expand market reach [4]. Group 3: Strategic Investments - The investment in Shanghai Ranka Trading Co., Ltd. aims to integrate high-quality resources from the sports and nutrition industries, leveraging e-commerce and community operations for product promotion [5]. - This strategic move is expected to enhance the company's resilience and support long-term development [5]. Group 4: Impact of Vitamin Price Increases - Post-Chinese New Year, there has been a significant price increase in Vitamin A and D3 due to supply constraints and regulatory factors, which is anticipated to positively impact the company's performance in the first half of the year [5]. - However, since vitamins represent only 60-70% of the company's market, the correlation between domestic price increases and overall performance growth should not be overstated [5].