WEIXING(002003)2024-06-15 05:56Business Performance - Current order intake continues the previous trend, showing an overall positive trend [2] - Domestic brand customer orders are growing faster than international brand orders [2] - In the short term, button business growth is higher than zipper business, mainly due to better performance of metal products this year [2] - From a long-term perspective, zippers have a broader application field, while buttons are mainly used in clothing, so the company is more optimistic about the future growth potential of zippers [2] Financial Metrics - The company follows a cost-plus pricing principle, and gross margin is influenced by factors such as raw materials, product structure, and scale effects [2] - The company adheres to the principle of win-win cooperation and does not blindly pursue high gross margins, but a reasonable gross margin level is sustainable [2] Production Capacity - The theoretical production capacity of the Vietnam Industrial Park is expected to be 150 million zippers and 500 million sets of metal products annually [2] Business Operations - The company's webbing business is still undergoing internal adjustments, and although it will take some time, the company is confident and capable of managing this business well [3] - As of the end of 2023, the company had 8,800 employees, including 1,179 sales personnel [3] Management Structure - The management structure of overseas industrial parks varies: the Bangladesh Industrial Park has been open for a long time, and its management has gradually become localized, while the Vietnam Industrial Park just opened this year, and its management is still dominated by domestic personnel [3]