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天元宠物(301335) - 天元宠物调研活动信息

Group 1: Company Overview - Hangzhou Tianyuan Pet Products Co., Ltd. has established a strong global sales channel and customer resources, successfully entering markets such as the USA, EU, Australia, and Japan [2][3] - The company has built long-term partnerships with major clients including Walmart, Kmart, Amazon, and Chewy, among others [3][4] Group 2: Competitive Advantages - The company leverages its first-mover advantage and extensive customer resources, having been established in the pet industry since 1998 [3][4] - It has developed a robust supply chain management system that ensures reliable and timely delivery of diverse pet products, meeting the one-stop shopping needs of customers [4][5] Group 3: Product Development and Innovation - The company has a comprehensive product development capability covering nine categories, including pet beds, climbing frames, toys, and food products, ensuring a quick response to market demands [4][5] - As of June 30, 2023, the company holds 17 software copyrights and 280 authorized patents related to various pet products [5] Group 4: Market Strategy and Sales Channels - The company focuses on synergistic sales of pet food and supplies, using food products to drive the expansion of its domestic online and offline channels [5][6] - It has established a production subsidiary in Cambodia to enhance its international supply chain layout, responding to changes in the global market [6] Group 5: Financial Considerations - The company's overseas sales are significantly impacted by exchange rate fluctuations, particularly as costs are primarily denominated in RMB while sales are in USD [6] - To mitigate risks from currency fluctuations, the company plans to adopt proactive measures, including timely monitoring of international exchange rates and engaging in forward foreign exchange hedging [6]