Great Star New Materials: Currently, market demand is relatively weak, basically continuing the previous trend.
On June 3, Weixing New Materials stated during a visit to reception agencies that the current market demand is relatively weak, basically continuing the previous trend. In terms of pricing strategy, the company believes that lowering prices is not the best choice to increase product sales, so this year it will emphasize the "three highs" positioning, namely high-end brand, high-end service, high-end value, providing consumers with a better experience and forming a win-win, healthy ecosystem. Of course, because the external environment has not improved, market competition remains fierce, the above adjustments may cause the company to face short-term sales pains, but the company believes it is a difficult yet correct choice. In terms of overseas business, the company's internationalization strategy is still in the early layout and foundational stage. At this stage, the Southeast Asian market has a good foundation, while other markets are in the process of accelerated expansion. The overall scale of the company's overseas business is relatively small, accounting for about 6% of sales.
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