I'm LongbridgeAI, I can summarize articles.Tengda Tech. announced that due to the adjustment of U.S. tariff policies, its stock price has fluctuated significantly, but the impact on the company's performance is limited and controllable. The company mainly deals in stainless steel fasteners, with sales revenue from the U.S. market accounting for only 1% over the past three years. The company has low dependence on a single market, possesses strong risk resistance capabilities, and has established long-term cooperative relationships with internationally renowned enterprises. The company continues to optimize its market layout, enhance production capacity, and ensure stable operating performance
According to the Zhitong Finance APP, Tengda Tech (001379.SZ) announced that recently, due to the impact of the adjustment of U.S. tariff policies, the company's stock price has experienced significant fluctuations. This tariff policy adjustment is a global event that affects almost all participants in the industry. The company's main products are stainless steel fasteners, and in the past three years, the sales revenue from products directly exported to the U.S. market accounted for about 1% of its main business revenue, which is extremely low. Moreover, the trade method for the company's export business mostly adopts FOB, meaning that the relevant freight, insurance, and tariffs after the goods leave the port of the producing country are borne by the customer. At the same time, the company has not imported any materials (such as equipment, raw materials, auxiliary materials, etc.) from the U.S. in the past three years.
The company's dependence on a single market is low, and its product, market, and customer structure possess strong risk resistance capabilities. The company has long been committed to the research, production, and sales of stainless steel fastener products, enjoying high industry visibility and market influence. Its main customers are internationally renowned enterprises, and after years of business dealings, it has established long-term and close cooperative relationships, with more than 1,000 domestic and foreign customers and a sales network covering over 40 countries and regions worldwide. At the same time, the company continues to optimize its domestic and foreign sales market layout, establishing wholly-owned and holding subsidiaries in recent years, striving to enhance equipment capacity, expand product categories, segment target markets, and improve sales channels. With a mature business model, rich customer resources, and outstanding brand advantages, the company effectively mitigates operational risks and maximizes the stability of its operating performance. Therefore, the impact of this tariff policy adjustment on the company's performance is limited and controllable