Ningbo Daye Garden Machinery (300879.SZ): The United States has revoked the anti-dumping and countervailing duty decision on lawn mower products.

Ningbo Daye Garden Machinery (300879.SZ) announced that during the first "sunset review" initiated by the U.S. Department of Commerce on June 1, 2026, no U.S. domestic producers or other interested parties submitted substantial responses within the stipulated timeframe. The U.S. Department of Commerce decided to revoke the anti-dumping and countervailing duties on hand-pushed gasoline lawn mowers exported from China to the United States, effective from July 13, 2026. Starting from this date, imports of such products into the United States will no longer be suspended from customs clearance, nor will they require the payment of anti-dumping/countervailing duty deposits. The decision by the U.S. Department of Commerce to revoke the anti-dumping and countervailing duties on hand-pushed gasoline lawn mowers exported from China to the U.S. will encourage the company to return its export operations to a level playing field in the U.S. market. At the same time, the company will leverage a more competitive pricing structure and a stable and reliable supply chain capability to effectively reshape its competitive advantage, further consolidating and expanding its strategic proactive position in the U.S. market.