Weixing Corporation: The significant increase in prices of bulk commodities such as copper has had a certain impact on the company's raw material costs.
Weixing Corporation stated in its investor relations activities that the significant increase in prices of bulk commodities such as copper has had a certain impact on the company's raw material costs; the company prices its products using a cost-plus pricing model, while actively monitoring procurement points and optimizing inventory management based on existing orders and raw material price trends, and promoting research and development of new materials and new technologies, in an effort to mitigate the adverse effects of rising raw material costs.
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