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Sunshine Power today sent a product price adjustment notice to downstream customers. Starting September 20, the price increase for optical storage products will be implemented. The products include photovoltaic inverters, energy storage converters and energy storage systems. The product price adjustment range is 5% to 15%. The company stated in the letter that the price increase for upstream materials in this round continues to exceed expectations, the upward trend in costs has not abated significantly, and that it is difficult for existing product pricing to cover comprehensive investment in raw materials, manufacturing, technological iterative upgrades, and after-sales operation and maintenance. In order to ensure stable and reliable product quality, controllable delivery, and avoid damage to product performance, delivery time and service quality due to cost reduction, after many rounds of careful evaluation by the company, our company decided to adjust the prices of related products moderately.
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Sunshine Power today sent a product price adjustment notice to downstream customers. Starting September 20, the price increase for optical storage products will be implemented. The products include photovoltaic inverters, energy storage converters and energy storage systems. The product price adjustment range is 5% to 15%. The company stated in the letter that the price increase for upstream materials in this round continues to exceed expectations, the upward trend in costs has not abated significantly, and that it is difficult for existing product pricing to cover comprehensive investment in raw materials, manufacturing, technological iterative upgrades, and after-sales operation and maintenance. In order to ensure stable and reliable product quality, controllable delivery, and avoid damage to product performance, delivery time and service quality due to cost reduction, after many rounds of careful evaluation by the company, our company decided to adjust the prices of related products moderately.
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