JIANGNAN YIFAN: Production capacity is basically saturated, and exports to the United States have resumed

JIANGNAN YIFAN General Manager Liu Songyan stated at the 2024 annual performance briefing held this afternoon, "Currently, the company's production capacity is basically saturated. This year, the company will cautiously expand its production lines based on the overall order situation, and we do not rule out plans for automation line expansion. After the occurrence of Sino-U.S. trade frictions, the company's export business to the United States experienced a short-term impact, but it has now recovered. According to the provisions in the recently released 'Joint Statement of the Sino-U.S. Geneva Economic and Trade Talks,' the tariffs on the company's products have basically returned to previous levels."