DAYE(SZ:300879)2024-03-01 08:24Group 1: Company Overview and Strategy - The company, Ningbo Daye Garden Equipment Co., Ltd., is focusing on international expansion as part of its three major development strategies, with overseas warehouses and factories established in the U.S., Thailand, and Mexico, while domestic production is based in Yuyao City [2]. - The sales model primarily adopts ODM, collaborating deeply with international brand manufacturers and wholesalers, while also promoting its own brands like "MOWOX" and "Green Machine" [3]. Group 2: Product Development and Market Position - The company is committed to increasing the sales proportion of lithium battery products and is actively developing smart products, which will be gradually launched in the market [3]. - Home Depot has become the largest customer in the company's Q3 2023 revenue report, with 7 gasoline products and 16 lithium battery products currently sold through their channels [3]. Group 3: Future Collaborations and Market Strategy - The company is exploring further collaborations with major retailers in North America, including Walmart, to expand its product offerings [3]. - In Europe, the strategy focuses on deep partnerships with major brands and retailers, aiming to enhance product lines and provide better solutions for clients [3]. Group 4: Competitive Advantages and Share Buyback - The company's competitive advantages include strong innovation, low manufacturing costs, high cost-performance ratio, quick response times, and strong brand trust [3]. - A share buyback plan has been initiated to enhance long-term incentives and promote healthy development, reflecting confidence in the company's intrinsic value and future prospects [4].