Huafeng Superfiber: Jiangsu Superfiber's production rate is sixty to seventy percent.
Huafeng Super Fiber stated at the performance briefing on May 15 that its subsidiary Jiangsu Super Fiber has a production rate of 60-70%. In addition, the company's current production and operation situation is good, and there have been no major changes in industry and industrial policies. The company successfully turned losses into profits in 2024, initially reversing the decline. The company initially expected to further improve in 2025 based on the performance in 2024, but the impact of tariff policies has made the company's performance more uncertain. Super fiber products are mainly used in downstream industries such as footwear, clothing, bags, and automobiles. The United States is one of the world's largest mature consumer markets. The implementation of tariff policies may affect the company's direct and indirect export businesses, leading to reduced orders, increased domestic competition, lower gross margins, and underutilized production capacity. The company will continue to monitor changes in relevant policies, strengthen market research, and strive to address the uncertainties of the external environment with the certainty and progressiveness of internal management.
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