Jiangnan Yifan: Production capacity is basically saturated, and exports to the United States have resumed.
General Manager Liu Songyan of Jiangnan Yifan stated at the performance presentation for the year 2024 held this afternoon, "Currently, the company's production capacity is basically saturated. This year, the company will cautiously expand production lines based on overall order situation, and there is a possibility of expansion plans for automated production lines. After the occurrence of trade frictions between China and the United States, the company's exports to the United States were temporarily affected, but they have now resumed. According to the regulations in the just released "Joint Statement of Geneva Economic and Trade Talks between China and the United States," the tariffs on company products have basically returned to previous levels."
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