Yuanwang Valley said in an institutional survey that the company's pet economy business is currently in its infancy. At this stage, the main focus is on consolidating the track layout and verifying the business model. The long-term plan is to make it the company's second growth curve. The growth of the company's pet business mainly comes from two major aspects. One is the natural growth dividend of the pet economy industry. As the demand for pet companions continues to rise, the overall pet economy market size is steadily expanding; the second is that the penetration rate and market share of smart pet devices in the pet economy is gradually increasing, and the industry development trend is improving; the company's product line layout is gradually being enriched and will achieve rapid growth.

Yuanwang Valley said in an institutional survey that the company's pet economy business is currently in its infancy. At this stage, the main focus is on consolidating the track layout and verifying the business model. The long-term plan is to make it the company's second growth curve. The growth of the company's pet business mainly comes from two major aspects. One is the natural growth dividend of the pet economy industry. As the demand for pet companions continues to rise, the overall pet economy market size is steadily expanding; the second is that the penetration rate and market share of smart pet devices in the pet economy is gradually increasing, and the industry development trend is improving; the company's product line layout is gradually being enriched and will achieve rapid growth.