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CEO Mingyun Zhuang, Wenzhou Yuanfei Pet Toy Products Co., Ltd.'s (SZSE:001222) Largest Shareholder Sees Value of Holdings Go Down 12% After Recent Drop
Wenzhou Yuanfei Pet Toy Products Co., Ltd.'s (SZSE:001222) Stock Is Going Strong: Is the Market Following Fundamentals?
Yuanfei Pet (001222.SZ): Currently, there are no plans to develop peripheral products.
On November 29, Gelonhui reported that Yuanfei Pets (001222.SZ) stated on the investor interaction platform that the company has been focusing on the research and development, production, and sales of pet products and pet snacks for many years. The main products include pet traction appliances, pet injection molded toys, and pet snacks such as dog chews. The company's domestic business team will launch a new self-media IP account for brand promotion and marketing in the future, with no current plans for developing peripheral products.
Yuanfei Pet (001222.SZ): Current production capacity and supplier resources can support growth for the next 2-3 years.
Gelonghui, November 26th丨Yuanfei Pets (001222.SZ) recently stated in an investor relations event that the company currently has four production bases in operation. By 2025, new production bases in Bangladesh and domestically will gradually be put into use. Based on foreseeable orders and the company's development plan, the current production capacity and supplier resources can support growth for the next 2-3 years.
Yuanfei Pets (001222.SZ): The current annual sales of Pikapoo (PIKAPOO) has reached close to tens of millions level.
Gelonghui November 26th | Yuanfei Pet (001222.SZ) stated in recent investor relations activities that in the first three quarters of this year, the company's own brands Pikapoo and Haroway have successively launched new products. The current annual sales of Pikapoo (PIKAPOO) have reached nearly tens of millions, with the main pet snacks performing well. Although Haroway (HAROWAY) is currently in the market expansion stage, its growth rate is fast. The main natural sodium-based mineral sand adopts a brand new deodorizing patent, and has become the third in the Douyin sodium-based mineral sand category within 2 months of its launch.
Yuanfei Pet (001222.SZ): plans to invest in building a new factory in Bangladesh.
On November 13th, YUANFEI Pet (001222.SZ) stated on the investor interaction platform that besides having investments in Cambodia, the company also plans to invest in building a new factory in Bangladesh.