Plastic bottle packaging is a highly diverse industry with applications spanning across various sectors. In recent years, domestic demand for plastic bottles has experienced significant growth. However, as the domestic economy undergoes transformation and growth slows down, the once rapid expansion of plastic bottle demand is now facing challenges. Additionally, the rise of alternative packaging materials is putting further pressure on the market. In response, domestic manufacturers must seek new opportunities and innovations to sustain their market presence and remain competitive. Traditionally, our exports of plastic bottles focused mainly on developed markets such as Europe and the United States, where we provided cost-effective packaging solutions. This was largely due to our strong labor cost advantage. However, the landscape is changing. We are now looking toward emerging markets in Southeast Asia and India, where economic growth remains robust. As multinational companies shift production to these regions in search of lower costs, the demand for plastic packaging is steadily increasing. Our extensive experience in manufacturing plastic bottles positions us well to capitalize on this trend. Not only can we continue exporting to these areas, but we may also consider establishing local production facilities, taking full advantage of the low labor costs and growing consumer demand. This strategy could become a key pillar of our future business development.

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