KangLongDa: The increase in tariffs by the United States has not had an adverse impact on the company's base in Vietnam

KangLongDa stated on the investor interaction platform that the products produced at its Vietnam base have the following advantages compared to domestic products: 1. Location advantage: The products from the Vietnam base are mainly exported to countries and regions such as Europe, America, and Japan, which better meets the supply chain optimization needs of European and American customers. 2. Cost and efficiency advantage: The energy and labor costs in Vietnam are lower than those in the domestic market; the production line automation level at the Vietnam base is higher, ensuring better production efficiency and product quality. 3. Tax incentives: Raw materials imported to the Vietnam production base are exempt from tariffs and value-added tax, and exported goods are also exempt from value-added tax. The corporate income tax currently enjoys a policy of two years exemption and four years at half rate, after which a preferential rate of 17% is applied annually. Currently, products exported to the European Union are not subject to tariffs, and exports to the United States are not subject to additional tariffs. The increase in tariffs by the United States has not adversely affected the company's Vietnam base and will further enhance the advantages of the company's Vietnam base