GUOLIAN AQUATIC(SZ:300094)2022-12-04 06:58Group 1: International Business Development - The company experienced explosive growth in export sales this year, attributed to the introduction of a US sales team in October last year, which increased sales to mainstream supermarkets and restaurant clients [2] - The company is confident in future sales growth in overseas markets [3] Group 2: Domestic Business Performance - Domestic sales in the catering and C-end e-commerce sectors have maintained rapid growth, with expectations for continued high-speed growth in e-commerce, catering, and new retail businesses next year [3] - The domestic market is transitioning from "bad money driving out good" to "good money driving out bad," presenting opportunities for large and formal enterprises [4] Group 3: Market Size and Industry Insights - The South American white shrimp market in China has a market size of over 100 billion, while the small lobster market is also at a 100 billion level [3] - The company’s products, primarily shrimp, account for over 80% of its offerings, indicating a broad future development prospect in the shrimp industry [4] Group 4: Automation and Production Projects - The industry can undergo automation transformation, but many processes require technological improvements; the company aims to implement automation in all feasible areas [3] - The second phase of the company's factory farming project is expected to be completed in January next year, focusing on a comprehensive system that includes seedling breeding, feed formulation, and animal nutrition [4] Group 5: Opportunities in Domestic Sales - The new Food Safety Law has led to increased quality demands from large restaurant chains, benefiting the company’s strengths in product development, quality control, and supply chain management [5] - The VAT reform policy allows catering businesses to deduct input VAT from output VAT, encouraging them to prioritize regular channels for purchasing ingredients, which benefits the company [5]