Petpal Tech.(SZ:300673)2022-12-05 02:36Group 1: Company Overview - Petty Animal Nutrition Technology Co., Ltd. has established production bases both domestically and internationally, including locations in Wenzhou and Taizhou, China, and three factories in Vietnam, with additional bases in New Zealand and Cambodia under construction [1] - The main products from the Wenzhou base are animal skin chew toys, while the Taizhou base focuses on plant-based chew toys and nutritious meat snacks [1] Group 2: Product and Market Strategy - The primary market for the main grain products produced in New Zealand will be China, targeting both self-owned brands and overseas ODM sales [2] - The competitive advantages of the New Zealand grain factory include high-quality local raw materials, advanced production equipment, guaranteed quality control, and scientifically developed nutritional formulas [2] Group 3: Research and Development - In 2019, the company invested over 27 million yuan in R&D, collaborating with renowned universities and scientific teams to enhance product quality [2] - The company is currently focusing on expanding its domestic market, with a dedicated domestic market division established in 2018 [2] Group 4: Management and Performance Metrics - The management team is evaluated based on a comprehensive target-oriented assessment, with key performance indicators focused on revenue and profit [2]