Zhang Xiaoquan said during an investor relations event that in response to fluctuations in raw material prices, the dependence on special steel is low. For bulk plastic materials, risks are hedged by preparing in advance and locking in long-term prices. Through a combination of supply chain system construction and pre-price locking strategies, cost pressure is effectively calmed down and profit levels are guaranteed to be stable.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.