MKMCHINA(SZ:300195)2022-12-08 05:18Group 1: Company Overview and Market Position - Tianjin Changrong Printing Equipment Co., Ltd. is focusing on cloud printing, indicating increased interest in the sector from various companies [2] - The acquisition of Eprint by Dongfeng is seen as a positive development for the industry, promoting rapid growth [2] - Changrong's business model is B2B2C, contrasting with Eprint's B2C approach, which minimizes competitive concerns [2][3] Group 2: Current Operations and Future Plans - Approximately 50 distributors have signed agreements with Changrong, with ongoing training for them [3] - The company is currently limited in production capacity due to facility constraints but plans to move to a new factory by October, increasing production capabilities with 4 offset printing machines and 4 digital printing machines [3][4] - Taiwan Jianhao has over 40,000 customers, with more than 10,000 daily orders, indicating strong market demand [3] Group 3: Financial Performance and Projections - Taiwan Jianhao expects a 30% increase in sales revenue and profit this year, with an anticipated 8% growth in profit margin due to declining paper prices [5] - Current revenue for Changrong is constrained by production limitations, with no large-scale operations yet [5] Group 4: Challenges and Strategic Development - Talent cultivation is identified as a significant challenge, with many staff coming from Taiwan and needing to adapt to local practices [6] - The company aims to establish central factories nationwide to enhance service efficiency and meet customer demands [4][6] - The vision for the next three years is to achieve operational stability and adapt to rapid market changes [7]