Core Viewpoint - The adjustment of export tax rebate policies by the Ministry of Finance and the State Administration of Taxation will not significantly impact the company's operations, as its main products are not affected by the changes [1] Company Summary - The company, Lichong Group, specializes in three main business areas: functional intermediate alloy new materials, recycled casting aluminum alloy materials, and aluminum alloy wheel products [1] - The functional intermediate alloy new materials and recycled casting aluminum alloy materials do not involve export tax rebates [1] - Although aluminum alloy wheel products are subject to export tax rebates, they are not included in the recent policy adjustment list, indicating that the company’s production and operations will remain unaffected [1] Industry Summary - The export tax rebate policy adjustment will lower the rebate rate for certain products, including finished oil, photovoltaic products, batteries, and some non-metallic mineral products from 13% to 9%, while canceling rebates for aluminum and copper materials [1] - This policy change may influence domestic and international aluminum prices, potentially widening the price gap between them [1] - If overseas aluminum prices exceed domestic prices, it could enhance the profitability of the company's export products; conversely, if overseas prices are lower, it may weaken profitability [1]
立中集团:出口退税率调整不会对公司生产经营产生影响