Zijiang enterprises: Limited Impact of Rising Chemical Raw Material Prices on Company, Multiple Measures Taken to Mitigate Raw Material Cost Pressure

On May 26, an investor asked:Zijiang EnterpriseQuestion: The impact of raw material price fluctuations and how to respond. Regarding this,Zijiang EnterpriseOn May 26, the company stated on the Investor Interactive Platform that the rise in chemical raw material prices has had a limited impact on the company. Its beverage OEM business is settled by charging processing fees and is therefore not affected by fluctuations in raw material prices. More than 60% of its PET bottle and preform business is toll processing, and for the remaining portion, the company is actively negotiating with customers to pass on, as much as possible, the pressure caused by rising raw material prices. Meanwhile, the company will mitigate the impact of raw material price increases through lean production and increased sales.