Company Morning Meeting: Sharing on US Tariff Upgrade on China

• The core topic of this morning meeting is the US tariff upgrade policy on China starting November 1st, focusing on its potential impact on the company's laptop accessories export business. As a foreign trade enterprise with a significant US market share, this policy will directly affect all business links.

• Costs are the first to be hit; tariff hikes will directly increase export costs. If not properly managed, existing profit margins will be squeezed. In the fiercely competitive PC accessories market, weakened cost advantages may affect product pricing flexibility.

• Market uncertainties exist too: end customers may delay order decisions due to rising costs, some price-sensitive customers may switch to suppliers in other regions, impacting order stability. Changes in the US consumer environment coupled with policy fluctuations further intensify demand-side variables.

• Supply chain-wise, upstream suppliers' quotations, production schedules and logistics cycles may fluctuate due to tariff expectations, placing higher demands on supply chain stability and response efficiency.