JVM (JVM) Shareholders' Meeting Review

JVM (JVM) Shareholders' Meeting Review

1. MENITH (Expandes into the Central Fill Pharmacy market for automated dispensers with multi-joint robotic arms)
Last year, four units were contracted to Europe, and additional contracts are being made to Australia and North America this year. Specific numbers are difficult to open, but are expected to continue to expand. The company is setting internal targets beyond the sales volume disclosed through IR. However, the company would like to communicate only the number that it can keep at least externally. (It will account for at least 10% of overseas sales this year.)

2. China
It has set short-term sales targets with Chinese state-owned company Sinopharm. It expects to grow more than 40% this year compared to last year. In addition, the company plans to continue to participate in new bids. JVM's business expansion is expected as the rapidly increasing labor costs of Chinese workers are increasing the need for automated equipment.  

3. ATDPS (Full Automatic Refining Classification, Packaging System)
Most of the European countries are distributed through Omnissel, a global partner. Specifically, there are Germany, France, the Netherlands, and Norway, and recently, it is expanding to Sweden and Italy. ATDPS will be released in earnest starting in the second quarter of this year in the UK. In the case of Spain, it is sold directly by direct payment and shows double-digit annual growth. A Spanish company that has signed a direct contract with JVM is also operating in Portugal.                                                                                                              

4. the Amazon
It is difficult to mention that the NDA is strongly established with Amazon. The company has Parata Systems of North America as its partner, and the products continue to be released as customers (Amazon, etc.) covered by Parata Systems. The NDA clause is closely tied to JVM – Parata Systems / Parata Systems – End customers. If a large-scale contract is made, we will discuss it with our partner and inform the market.

5. a dry-dry market
JVM has completed the development of ATDPS exclusively for dry food, which can be divided into gelatin-type soft capsules. All dry equipment companies currently conducting pilot projects are using JVM's equipment. We plan to respond to the business development of pharmacies and dry food companies in the future.

6. a capa
Considering day and night work, more than 250 billion capa per year is possible. If sales increase to a level that requires expansion, we plan to expand capa immediately by utilizing rental plants owned by JVM.

7. 7. IR
Until now, only Hanmi Science has responded to IR, but from this year, JVM's personnel plan to participate as well. JVM is collecting various data such as market size on its own and is seeking a new direction for IR using it. The company is also aware of the undervalued stock price compared to its growth potential, and plans to develop various stories such as shareholder-friendly policies with the parent company.

https://t.me/Brain_And_Body_Research (BBC Research)