Superstar Technology is specialized in the research, development, production and sales of high-end hand tools and other hardware tools. It is the largest domestic hardware tool industry with the highest technical level and the strongest channel advantage. It is the largest manual tool company in Asia and the top six in the world. Founded in 1993, under the leadership of Mr. Qiu Jianping, the chairman of the company, and his team, the company started from scratch and started from scratch. After 18 years of hard work, its revenue exceeded RMB 1.5 billion in 2009, and its net profit exceeded RMB 200 million, becoming a world-class manual. Tool business.
The consumer groups of hand tools are mainly home and DIY enthusiasts, and are widely used in house repairs, gardening, and vehicle maintenance. According to statistics, more than 70% of global power tool users are DIY enthusiasts and garden owners; in Europe, DIY accounts for about 70% of the housing repair market demand.
In the long run, the European and American markets will grow steadily; while domestic consumption will benefit from the upgrading of consumption, the rise of DIY culture and the expansion of car ownership, its market will grow rapidly, and Juxing Technology Co., Ltd. has long-term space for growth.
Four Core Competitive Advantages Light Assets: Superstar Technology Co., Ltd. has been focusing on the integration of core resources, new product development and sales channel expansion, and seizing the highest profit point on both sides of the smile curve.
The channel is king: Superstar Technologies bypasses middlemen and directly faces low-end retailers such as Lows and HomeDepot to obtain relatively high profits, accurately grasp market changes, and quickly introduce new products.
Self-owned brand: At present, Superstar Technology Co., Ltd.'s OBM revenue accounts for 15%, and its planning will exceed 50% in the future. Consumers of manual tools have very high sensitivity and loyalty to brands, and high-quality brands will be a sharp weapon for the market.
One-stop sourcing platform: The product line of Superstar Technology Co., Ltd. is very rich, with more than 10,000 kinds of product types, and with outstanding product design, brand, price and function, Superstar Technology Co., Ltd. has a distinct advantage as a one-stop sourcing platform for foreign investors.
There are two important aspects of future development. Extensive expansion may lead to explosive growth in performance. Superstar Technology will expand its sales by over $1.1 billion in super-raised funds, obtain overseas sales channels and brands, and accelerate the establishment of its position as a leader in the local market.
Superstar Technologies distributes its domestic market to retail stores and intends to replicate the "Suning Model." At present, China lacks dominant brands with dominant position, while retail stores and specialty stores are important means to increase brand awareness and control over the terminal market. Superstar Technology intends to replicate the development model of Suning and Gome, and will aggressively cut into the domestic market with the “boutique store hardware dealer†approach.
The consumer groups of hand tools are mainly home and DIY enthusiasts, and are widely used in house repairs, gardening, and vehicle maintenance. According to statistics, more than 70% of global power tool users are DIY enthusiasts and garden owners; in Europe, DIY accounts for about 70% of the housing repair market demand.
In the long run, the European and American markets will grow steadily; while domestic consumption will benefit from the upgrading of consumption, the rise of DIY culture and the expansion of car ownership, its market will grow rapidly, and Juxing Technology Co., Ltd. has long-term space for growth.
Four Core Competitive Advantages Light Assets: Superstar Technology Co., Ltd. has been focusing on the integration of core resources, new product development and sales channel expansion, and seizing the highest profit point on both sides of the smile curve.
The channel is king: Superstar Technologies bypasses middlemen and directly faces low-end retailers such as Lows and HomeDepot to obtain relatively high profits, accurately grasp market changes, and quickly introduce new products.
Self-owned brand: At present, Superstar Technology Co., Ltd.'s OBM revenue accounts for 15%, and its planning will exceed 50% in the future. Consumers of manual tools have very high sensitivity and loyalty to brands, and high-quality brands will be a sharp weapon for the market.
One-stop sourcing platform: The product line of Superstar Technology Co., Ltd. is very rich, with more than 10,000 kinds of product types, and with outstanding product design, brand, price and function, Superstar Technology Co., Ltd. has a distinct advantage as a one-stop sourcing platform for foreign investors.
There are two important aspects of future development. Extensive expansion may lead to explosive growth in performance. Superstar Technology will expand its sales by over $1.1 billion in super-raised funds, obtain overseas sales channels and brands, and accelerate the establishment of its position as a leader in the local market.
Superstar Technologies distributes its domestic market to retail stores and intends to replicate the "Suning Model." At present, China lacks dominant brands with dominant position, while retail stores and specialty stores are important means to increase brand awareness and control over the terminal market. Superstar Technology intends to replicate the development model of Suning and Gome, and will aggressively cut into the domestic market with the “boutique store hardware dealer†approach.
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