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Tianjin Yiyi Hygiene Products Establishes Cambodian Subsidiary
Yiyi Co., Ltd. (001206.SZ): plans to establish a wholly-owned subsidiary in Cambodia.
On February 12, Gelonghui reported that Yiyi Co., Ltd. (001206.SZ) announced that in response to the complex and volatile international situation, increasingly fierce market competition, and the growing Consumer demand, the company needs to actively explore new development paths, effectively respond to market changes, expand broader market space, and enhance its competitiveness. Tianjin Yiyi Hygiene Products Co., Ltd. invested 3 million USD in Cambodia to establish a wholly-owned subsidiary "Cambodian Huasheng Hygiene Products Co., Ltd." (English name: Cambodian Huasheng Hygiene Products Co.)
Yiyi Hygiene Products to Apply for Credit Line of Up to 400 Million Yuan
Yiyi Co., Ltd. (001206.SZ): The company has sufficient Orders on hand, and the capacity utilization rate of the main product, pet pads, is over 90%.
On February 10, Gelonghui reported that Yiyi Co., Ltd. (001206.SZ) stated on the investor interaction platform that the company's overseas Business sales model is mainly based on FOB, with tariffs primarily borne by downstream customers, and that the current additional tariffs have not significantly impacted the company's production and sales. Pet hygiene and care products are used in the USA as essential daily necessities for pet ownership, demonstrating strong consumer loyalty. Large foreign distributors have high standards regarding suppliers' production scale, supply capacity, product quality, and research and development capabilities, and global production capacity is mainly concentrated domestically. The company maintains stable cooperative relationships with large overseas customers.
Tianjin Yiyi Hygiene Products Co.,Ltd (SZSE:001206) Surges 25% Yet Its Low P/E Is No Reason For Excitement
Yiyi Co., Ltd.: 2024 Annual Results Forecast