Huakai Yibai(SZ:300592)2023-05-26 08:24Group 1: Company Overview - Huakai Yibai Technology Co., Ltd. is listed under stock code 300592 [1] - The investor relations activity took place on May 25, 2023, from 10:00 to 11:00 [2] Group 2: Market Performance - In Q1 2023, the company's export data and Amazon third-party seller GMV showed positive growth, contrary to expectations of a decline [3] - The company reported a net profit target of no less than 2.9 billion CNY for 2023, with a cumulative target of no less than 6 billion CNY for 2022-2023 [3][4] Group 3: Business Strategy - The company focuses on high-cost performance Chinese products, which are more resilient to economic fluctuations [3] - Plans to expand into the Latin American market, leveraging its supply chain management and logistics services [3] Group 4: Financial Metrics - The gross profit margin and net profit margin improved in 2022, indicating effective price and cost management [4] - The company achieved over-performance against its profit targets from 2019 to 2022 [3] Group 5: Product Categories - Main product categories include home and garden, industrial and commercial supplies, automotive parts, health and beauty, and outdoor sports [3] - The average transaction price for general products was adjusted downwards in 2022, reflecting market conditions [4] Group 6: Technological Impact - The company is exploring the use of emerging technologies like AI for optimizing operations, although standardized processes are still in development [4] - The impact of U.S.-China trade disputes has been minimal on the company's operations, with no significant effect from increased tariffs on daily consumer goods [4]