The company's product market share is approximately 25%. It has established self-operated international marketing stores and warehousing centers in Mexico, Ukraine, Dubai, Russia, Indonesia, Chile, Peru, Nigeria and other countries, with its product marketing and service network covering the globe. Its own brand accounts for about 80% of the market share. Online sales channels: It mainly relies on mainstream e-commerce platforms. It has successively set up flagship stores on JD.com, Tmall, Pinduoduo and other platforms, as well as Alibaba International Station and Amazon's international e-commerce platform. In line with the trend of the global e-commerce era, it has stepped into and expanded the IoT digital market. Offline sales channels: It mainly consists of authorized distributors of its own brand. At present, it has more than 200 first-level distributors. Different channels correspond to different sales strategies. Especially in foreign markets, the eight self-operated stores and cross-border e-commerce serve as the main battlefield, with differentiated products for each channel, so as to expand the market sales share as much as possible.
