Core Viewpoint - Highway Holdings Limited does not anticipate a significant impact from the recent increase in U.S. tariffs on imports from China, as less than 4% of its total products are exported to the U.S. market [1][2]. Company Overview - Highway Holdings Limited is an international manufacturer providing a variety of quality parts and products primarily for blue chip equipment manufacturers based in Germany [3]. - The company's administrative offices are located in Hong Kong, with manufacturing facilities in Yangon, Myanmar, and Shenzhen, China [3]. Revenue Sources - The majority of Highway Holdings' revenue is generated from customers in Europe, with only a small fraction (less than 4%) of products exported to the U.S. over the past twelve months [2]. - Specifically, approximately 3% of the products are sourced from China, and about 1% from Myanmar [1]. Market Position and Opportunities - The company views the higher tariffs on Chinese imports to the U.S. as a potential opportunity, as it may lead Chinese companies to shift production to countries like Myanmar, which has lower tariff rates [2]. - This shift could benefit Highway Holdings, positioning it favorably in the international market [2].
ALERT: Tariffs Pose No Material Impact to Highway Holdings' Business