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Investors are concerned about the foreign trade risks, ue furniture management is optimistic about the Q4 recovery of the usa home market | Directly hitting the earnings conference
1. The home furnishing industry once sparked a trend of setting up factories overseas, with investors feeling concerned about the risks of foreign trade; 2. The home furnishing market in the USA is rebounding, and the company is optimistic about the fourth-quarter performance.
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ue furniture (603600.SH): From the company's plans, height-adjustable desks are expected to become the company's third largest category in the next 5 years.
Gelonghui October 28th | ue furniture (603600.SH) investor relations activity record table shows that the lifting desk is a new product category launched by the company in recent years around "sitting health". The company's lifting desk products adhere to differentiated positioning, continuously developing home and esports style lifting desks. The product's advantages are reflected in exquisite details, quiet lifting, stable without shaking, convenient operation and installation, providing consumers with excellent user experience. In terms of production and manufacturing, a large number of automated production equipment and high-precision design requirements are adopted to ensure product stability and consistency in quality. From the company's plan, the lifting desk will develop in the next 5 years.
Ue furniture (603600.SH): Currently, the demand for furniture in the usa terminal remains stable and shows a trend of marginal improvement.
On October 28, according to the investor relations activity records of ue furniture (603600.SH), overall, the current demand for furniture in the usa remains stable and shows a marginal improvement trend. It is worth paying attention to the following aspects: (1) The expected interest rate cut in the usa may boost the consumption of durable goods such as furniture. (2) According to the relevant data officially released by the usa, since the second and third quarters of this year, the overall retail sales of furniture in the usa have shown a marginal improvement trend. (3) Recent quarterly reports disclosed by some furniture companies listed in the usa show an increase in their order volume, which is expected to improve in the fourth quarter.
Ue Furniture (603600.SH): Currently, most of the company's business in the USA is being produced and shipped from Vietnam.
On October 28th, Yongyi Furniture (603600.SH) investor relations activity records show that from the perspective of exports: this year, efforts have been made to promote the landing of new customers, new channels, and new products on hand. Multiple important channels and large customer orders have quickly increased, contributing to a significant increase in business volume. At the same time, with changes in the international trade situation, the demand for overseas production capacity from customers continues to increase. The company is further accelerating the construction of overseas bases, and multiple new product categories, new customers, and new businesses in the Vietnam base are smoothly landing and ramping up quickly, contributing significantly to the company's performance growth; currently, most of the company's business in the United States is already in Vietnam.
Investors Don't See Light At End Of UE Furniture Co., Ltd.'s (SHSE:603600) TunnelNo Data
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