Halyard: Recent rapid increase in crude oil and bulk raw material prices, the company adopts a differentiated pricing response strategy.

During the institutional research on April 21, Haili De said that the recent rapid increase in crude oil and bulk raw material prices, the company has adopted a differentiated pricing response strategy: prices for products that follow the market such as ordinary industrial silk are closely linked to raw materials and have shown a trend of price increases; automotive products are priced using a model that adds to raw material prices, and the annual gross profit margin remains stable. In the high-priced stage of raw materials, the company will adopt a strategy of controlling inventory and maintaining liquidity to avoid chasing high prices, building positions, and guarding against inventory devaluation risks.