Peidi Shares Won the "Best GEM Listed Company Award"

As the most active "cell" of China's economy, many listed companies have achieved steady and sustainable growth at a time when the downward pressure on the economy is increasing. On October 18, 2019, the 14th China Listed Company Competitiveness Credibility Survey and Award Summit Forum hosted by Dazhong Securities was held in Chengdu. Peidi shares (stock code: 300673) was selected as the best GEM listed company with good market prospects and management concepts, and Peidi shares Secretary Tang Zhaobo also won the gold medal Secretary award.

Peidi shares won two awards, highly recognized by investors and the capital market

In order to objectively and accurately record the performance of listed companies in the securities market, promote the value discovery and integrity construction of listed companies, and promote the capital market to serve the real economy, this summit is themed "Paying tribute to the 70th anniversary of the founding of New China and finding new momentum for economic growth", bringing together hundreds of outstanding listed companies and investment institutions in China, and inviting leaders and experts in the economic community to see future macroeconomic trends in uncertainty and explore new paths for deterministic growth.

It is reported that the biggest feature of this forum is to ask investors to score listed companies, which has attracted the active participation of thousands of ordinary investors. At the meeting, a total of 101 listed companies and 11 heads of listed companies received praise from investors in the selection. As the first stock in the domestic pet industry, Peidi shares was selected as the best GEM listed company, and Peidi shares secretary Tang Zhaobo also won the gold secretary award, showing that investors and the capital market highly recognize Peidi shares and the future prospects of the pet industry.

The pet economy has broad prospects, and Peidi shares have achieved sustainable development

At present, economic development has entered a new normal, with slowing growth, structural optimization, and kinetic energy conversion becoming the basic characteristics of economic operation. In the new era, the increase in demand has formed a new breakthrough for economic growth and is constantly creating new economic growth points. Especially in the pet consumption market, according to the "2019 Pet Consumption Ecological Big Data Report", the number of pet-raising households in China in 2018 was 99.78 million, a year-on-year increase of 43.9% in 5 years. Based on the huge base of pet raising, the market size of China's pet industry reached 172.2 billion yuan in 2018, which is three times the market size five years ago. In this process, listed companies represented by Peidi shares are creating more value for investors and the industry.

From the perspective of market prospects and value discovery, the "pet economy" supported by "poop scoopers" has become a new business blue ocean. In the future, as the number of pet owners grows and the categories of pets are enriched, the demand for pet consumption will be further upgraded. The upgraded demand and the remaining gaps in the industry will jointly bring about the future increment and variables of the pet market. At the same time, pet services are mostly in the early stages, with a small market share but still a large room for development. Therefore, there are opportunities for investors to make in-depth layouts and reap high returns.

In terms of profitability, Peidi's gross profit margin and net profit margin have always been leading in the industry. The sales gross profit margins of Peidi in 2016-2018 were 29.52%, 37.27%, and 34.76% respectively. On the other hand, Peidi has vigorously developed its own brands to promote performance growth. At present, Peidi has obtained 32 patents. In terms of R&D expenses, from 2016 to 2018, Peidi's R&D expenses remained at around 3% of revenue, far higher than other companies in the industry.

Diversified business model, Peidishares' global strategic value is highlighted

It is reported that Peidi shares has produced a variety of pet health products for 27 years since its establishment, and its products are sold to more than 50 countries including North America and Europe. The company's cumulative retail sales in the past three years have reached billions of US dollars, with a continuous annual growth rate of nearly 20%. Today, Peidi shares focus on the three core competitiveness of global production, international standards and global research and development, winning more space for corporate globalization.

Through continuous innovation and development, Peidi shares not only develop in foreign markets, but also make efforts in the domestic market, opening up a global strategic layout. Up to now, Peidi shares have a variety of business models such as "Chinese factory + overseas factory", "sales layout of overseas market + Chinese market", "Chinese research and development + global manufacturing", and diversified corporate industries.

Under the current economic trend, globalization is an inevitable trend. Peidi shares' global strategic layout is the inevitable result of adapting to the development of the times. It is believed that under the visionary strategy of establishing product channel advantages around the world, Peidi shares will further expand its scale and profitability will be further enhanced, thereby creating greater value for investors.