Recently, Taihong Wanli released a record sheet of investor relations activities. Among them, it was mentioned that the main raw materials of the company's products are aluminum and steel, and there are differences in the coping mechanisms of different customers. Some customers use a collection or price linkage model, and material price fluctuations have a relatively small impact on the profits of the company's corresponding business; the rest of the customers, since the company has been deeply involved in the industry for more than 20 years, are sensitive to changes in the market and material prices, and generally actively avoid the risk of price fluctuations in raw materials at the beginning of the year to ensure stable performance according to market conditions.

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.