Zhitong Finance App News, Mustang Battery (605378.SH) issued an announcement. The company recently learned that the European Commission is requesting the German company VARTA Consumer Batteries GmbH & Co. The KGaA application decided to launch an anti-dumping investigation against alkaline manganese dioxide primary batteries and battery packs originating in China.

EU investigation authorities generally conduct an investigation for about 1 year to decide whether to take anti-dumping measures against the products involved in the case to protect EU companies that produce similar products. Currently, the EU's anti-dumping investigation is still in the investigation stage, and it is still difficult to predict its future ruling. Therefore, it is still difficult to estimate the specific impact of anti-dumping on the company until the company has obtained basic information on anti-dumping from the EU (including the object of taxation, the form of taxation, the tax rate, and the start date of taxation). The company has set up a special working group and hired a team of professional lawyers to actively respond to lawsuits, actively cooperate with investigations, and participate in no-harm defense activities of industry associations. In addition, the company will vigorously explore emerging international markets and strengthen domestic market expansion.

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