Jiuqi Corp.: International situation escalates ocean freight and oil price increases, putting some pressure on the company's cross-border e-commerce business costs, but overall impact is controllable.

Jiuqi Corporation stated on the interactive platform on March 6 that the international situation has caused an increase in shipping costs and oil prices, putting some pressure on the company's cross-border e-commerce business costs. However, the company's ODM/OEM business is mainly based on FOB terms, with shipping costs borne by customers, so the overall impact is controllable. The company will actively respond by optimizing logistics solutions, locking in long-term shipping rates, increasing the proportion of high-margin products, and other measures to ensure business stability.