Shenghong Technology: Currently, the prices of the company's high-end products are relatively stable.
Shenghong Technology recently stated that the company has established a stable cooperative relationship with its main raw material suppliers, and the supply of raw materials is stable. The cost of raw materials is one of the important factors affecting the pricing of the company's products. In response to the potential risk of fluctuating raw material prices, the company will, on one hand, negotiate product pricing with downstream customers based on the trend of raw material prices to reasonably pass on cost pressure. On the other hand, the company will continue to mitigate the impact of fluctuating raw material prices through technological innovation, supply chain strategic cooperation, and other means. Looking at the main raw materials needed for high-end products, their prices are less affected by fluctuations in commodity prices, so currently, the prices of the company's high-end products are relatively stable.
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