Planet Image International Limited · NASDAQ:YIBO
Planet Image International — IPO Roadshow (October 2023)
22 slides from Planet Image International's IPO roadshow presentation, Oct 20, 2023
Slide 1: Planet Image International Limited Investor Presentation October 2023
Planet Image International Limited NasdaqCM : YIBO —— Investor Presentation October 2023 Issuer Free Writing Prospectus dated October 19, 2023 Filed Pursuant to Rule 433 of the Securities Act of 1933, as amended Relating to Preliminary Prospectus dated O ctober 17, 2023 Registration Statement No. 33
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Planet Image International Limited (the “Company”) solely for informational purposes . The information included herein in this presentation has not been independently verified . No representations, warranties or undertakings, express or implied, are
Slide 3: The Offering
The Offering Planet Image International Limited (NASDAQ : YIBO) Issuer Class A Ordinary Shares Securities Offered 26 , 315 , 800 Class A ordinary shares and 26 , 315 , 800 Class B ordinary shares Pre - Offering Shares Outstanding 4 , 000 , 000 Class A Ordinary Shares, or 4 , 600 , 000 Class A Ordina
Slide 4: Investment Highlight
Investment Highlight Our mission is to deliver high - quality and cost - effective printing solutions to consumers around the world with proprietary technology, research and development capabilities and integrated and localized sales, logistics and service platform. Integrated Business Model The mod
Slide 5: Company Overview
Company Overview Leading export - oriented manufacturer and seller of compatible toner cartridges based in China, the U.S. and Europe Primarily develop and manufacture toner cartridges that are compatible with, and can be used in, a wide range of commonly available models of laser printers from diff
Slide 6: Our Products
Compatible Toner Cartridges 99.2% of our total revenue for 1H23 ▪ Manufacture various compatible toner cartridges for use with commonly available models of printers from different brands ▪ Produce through refurbishing empty cartridges, removing brand names of the original - brand toner cartridges, r
Slide 7: Business Model
Business Model 39.1% of total revenues for 1H23 Conduct business through providing contract manufacturing services to ODM customers located overseas and sell under the customers’ own brand names and packaging ODM* Business 53.5% of our total revenue for 1H23 Conduct business through selling self - b
Slide 8: Our Business and Logistics
Our Business and Logistics ODM Products to ODM Customers S hip directly from production facility 216 salespersons as of June 30,2023 Sell products and services through sales and marketing team based in the United States and Europe ODM Customers ▪ Have established over 9 years of business relationshi
Slide 9: R&D and Intellectual Property
R&D and Intellectual Property See offering documents for further risks and disclosures. There is no guarantee that any specific outcome will be achieved. P ast performance is not indicative of future results. Investments maybe speculative, illiquid and there is a risk of loss. Engage in ongoing R&D
Slide 10: Our Technology
Build proprietary technology, with the goal to improve operational efficiency and customer experience EDI system Launched electronic data interchange system for dealer customers located in North America, through which the customers can send purchase orders, and receive shipping information Internet
Slide 11: Growth Strategy – Production Facility
Growth Strategy – Production Facility Current Production Facility Located in Xinyu City, Jiangxi Province • Approximately 182,986 square meters • 39 production lines and 88.9% utilization rate of production lines as of June 30, 2023 • Annual production capacity of approximately 27.7 million units of
Slide 12: Growth Strategy – Market Coverage
Growth Strategy – Market Coverage Expanding Market Presence in North America and Europe, focusing on Mexico and Poland • Establish additional localized sales and marketing teams based in U.S. and Europe • Set up new logistics centers in Dallas (near Mexico) and Poland • Lease warehouses in Dallas, C
Slide 13: Other Growth Strategies
Other Growth Strategies • Conduct further research on each stage of production process and production equipment with the goal of increasing the automation in various aspects of production • Design and develop in - house chips used in compatible toner cartridges • Recruit highly qualified research an
Slide 14: Global Toner Cartridge Industry
Global Toner Cartridge Industry The toner cartridge industry is mainly composed of compatible toner cartridges and original - brand toner cartridges. ▪ Total retail value of the toner cartridge market globally is expected to further increase to USD85.2 billion in 2027 with a CAGR of 3.4% from 2022 t
Slide 15: The Compatible Toner Cartridge Industry in the U.S. and Europe
The Compatible Toner Cartridge Industry in the U.S. and Europe ▪ The market size of the compatible toner cartridge industry in the U.S. is expected to reach USD609.1 million in 2027, registering a CAGR of 8.2% from 2022 to 2027. ▪ As for Europe, the market size of compatible toner cartridge industry
Slide 16: Global Ink Cartridge Industry
Global Ink Cartridge Industry The ink cartridge industry is mainly composed of compatible ink cartridges and original - brand ink cartridges. ▪ The market size of the ink cartridge market by retail value globally is expected to further increase to USD65.1 billion in 2027, registering a CAGR of 1.5%
Slide 17: Key Growth Drivers and Competitive Landscape
Key Growth Drivers and Competitive Landscape Source: CIC Key growth drivers of the compatible toner cartridge market ▪ Fast - growing production volume and production capacity ▪ Higher quality color toner cartridge products ▪ Established sales channel in U.S. and Europe market ▪ Improved product ima
Slide 18: Competitive Strengths
Competitive Strengths Localized Multiple - Channels Sales Model ▪ O ne of the very few toner cartridge manufacturers based in China that are mainly focused on North American and European markets ▪ Headquarters in the Netherlands and sales office in United Kingdom, Italy, Germany and France ▪ Warehou
Slide 19: Financial Highlights
Financial Highlights Revenues by Regions in 1H23 2.9 % 35.4 % 53.5 % Others Europe North America 1H23 2022 2021 USD thousands 74,205 142,131 141,505 Total Revenue 31,282 55,023 48,784 Gross Profit 42.2% 38.7% 34.5% Gross Margin % 9,834 11,332 3,127 Operating Profit 13.2% 8.0% 2.2% Operating Margin %
Slide 20: Management Team
Management Team Chairman of the Board of Directors Mr. Weidong Gu O ver 21 years of experience in the compatible toner cartridge industry ▪ Founder, director and chairman of the board of directors of the company ▪ Worked as the manager of the engineering department and deputy general manager of Zhuh
Slide 21: Independent Directors
Independent Directors Independent Director Appointee • Partner of Guangzhou Jingtian Enterprise management Consulting Services Co., Ltd., from 2021 • Managing director of Marcum Bernstein & Pinchuk LLP from 2008 to 2020 • Senior associate of PricewaterhouseCoopers from 2005 to 2008 • Bachelor’s degr
Slide 22: Thank You
Thank You Email: ir@goaster.com Address: No. 756 Guangfu Road Hi - tech Development Zone Xinyu City, Jiangxi Province, China Issuer: Planet Image International Limited Underwriter: US Tiger Securities, Inc. Tony Tian, CFA, Head of ECM Email: tony.tian@ustigersecurities.com Tel: +1 - 732 - 910 - 9692
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