讀後心得

商億-KY today announced the signing of a memorandum of understanding with Cambodian outdoor furniture company Homeyard Casual, planning to leverage Cambodia's cost advantages to meet the demand of the U.S. market. The subsidiary of 商億 will hold 51% of the company’s shares and will further expand its product line to provide one-stop shopping services. It is expected that by 2025, with increased utilization rates and rising demand from U.S. customers, revenue and profits will likely improve, as well as enter the European market.

Shang Yi-KY announced today that its subsidiary has completed the signing of a Memorandum of Understanding (MOU) with the Cambodian outdoor furniture company Homeyard Casual. In the face of reduced tariffs in the United States, Shang Yi-KY is optimistic that production in Cambodia will bring cost advantages and plans to continue improving production capacity to meet the needs of U.S. customers.

According to the announcement, under this cooperation framework, Shang Yi's subsidiary will hold 51% of the shares in Cambodia Outdoor Furniture Co., Ltd. Currently, Shang Yi-KY mainly focuses on the production of indoor furniture, and the addition of Homeyard Casual's outdoor furniture product line will enable it to provide a more comprehensive one-stop purchasing service.

Shang Yi-KY pointed out that the production base in Cambodia has been optimized over several years and possesses a natural cost advantage in the context of rising U.S. tariffs. With high demand from large U.S. customers for production capacity, Shang Yi will continue to enhance its operational rate to respond to market demand.

Looking ahead to 2025, Shang Yi stated that with the growing demand from U.S. customers and continuous improvement in operating rates, the business will move towards its previous peak levels. Through this acquisition, Shang Yi will be able to fully leverage the integration benefits of one-stop purchasing, with expected growth in revenue and profits, while also exploring the European market.