KUTESMART(300840)2024-11-28 11:27Group 1: Company Expansion and Production - The company has leased space and added a production line to address capacity shortages, with the new line already in operation [2] - The company’s C2M industrial internet clothing experimental factory project is currently in progress [2] - Employee count has decreased from over 3,000 to less than 2,000, while production has significantly increased due to the implementation of new technologies and a digital governance system [2] Group 2: Business Development and Market Expansion - The B-end business has shown steady growth in revenue and profit, with plans to expand into North America, Europe, and other markets [3] - The company has established a subsidiary in New York to enhance market presence in traditional markets [3] - The company is also focusing on expanding into the Middle East, India, Russia, Japan, and South Korea [3] Group 3: Product and Service Offerings - The company provides a full range of services for B-end clients through its C2M clothing industrial internet platform, including smart ordering, development, and logistics [3] - The women's custom clothing market has shown significant potential since its launch in 2021, with plans to increase the revenue share and profitability of custom women's clothing [4] - The company offers personalized customization services for C-end users through its online and offline channels [6] Group 4: Strategic Partnerships and Innovations - The company signed a comprehensive cooperation agreement with Huawei in January 2024, focusing on joint product development and AI upgrades [3] - The AI production smart body project is progressing as planned, aimed at enhancing personalized manufacturing capabilities [7] Group 5: Financial Performance and Future Outlook - The company anticipates continued growth in revenue and profit for its B-end business, with a focus on maintaining this trend [7] - The C-end market is seen as a second growth curve, leveraging AI technology to provide high-quality, efficient, and fast-fashion services [7]