On September 28, Higold Group, a home hardware and outdoor furniture company, released the latest prospectus financial data, showing that the company has achieved sustained and stable growth in the past few years. According to the prospectus, the average annual compound growth rate from 2020 to 2022 is 3781%, indicating that Higold Group has performed well in the market competition.
Higold Group is an enterprise focusing on the field of home hardware and outdoor furniture, mainly engaged in R&D, design, production and sales of these products. The company's product line covers a wide range of downstream application scenarios, including kitchens, bathrooms, bedrooms, dining rooms and courtyards. Among them, there are a wide range of storage hardware products, including all kinds of baskets, storage boxes and shelves, etc., and the basket is the company's main product.
According to the prospectus, confirmed by the Furniture Decoration Chamber of Commerce of the All-China Federation of Industry and Commerce, as of 2022, Higold Group's market share in the domestic home functional hardware products market is about 578%。Among them, the basket product achieved 5The revenue of 2.8 billion yuan accounted for 3258%, the domestic market share of basket products has reached 1228%。This shows that Higold Group belongs to the first echelon of enterprises in the domestic home functional hardware industry.
In order to further enhance its competitiveness and market share, Higold Group plans to promote the improvement of intelligent manufacturing level, production efficiency and product quality assurance through this raised capital investment project. At the same time, the company will continue to expand its production capacity and consolidate its market position in core products such as pull baskets, sinks, hinged rails and outdoor furniture. In addition, Higold Group also plans to extend to the whole house hardware business through resource synergy and brand effect, and further increase the market share of new categories such as wardrobe hardware and bathroom hardware.