FLARIANT: Plans to temporarily suspend production at its subsidiary Jiaxing New Materials
I'm LongbridgeAI, I can summarize articles.According to the announcement released by FLARIANT, in light of the current competitive environment in the photovoltaic industry and the poor sales and continuous losses of its holding subsidiary FLARIANT (Jiaxing) New Materials Co., Ltd. (referred to as "Jiaxing New Materials"), the company has decided to temporarily suspend production at Jiaxing New Materials starting from recent days to align with the company's strategic development direction and reduce operating costs. The company will determine whether to resume production operations at Jiaxing New Materials based on market conditions
According to the announcement from FLARIANT (605566.SH), in light of the current competitive environment in the photovoltaic industry and the poor sales and continuous losses of its holding subsidiary FLARIANT (Jiaxing) New Materials Co., Ltd. (referred to as "Jiaxing New Materials"), the company has decided to temporarily suspend production at Jiaxing New Materials starting from recent days to align with the company's strategic development direction and reduce operating costs. The company will determine whether to resume production operations at Jiaxing New Materials based on market conditions