Core Viewpoint - The recent adjustment of U.S. tariffs on exports to China has prompted significant market attention, with the company proactively establishing a global production capacity layout to mitigate the impact of these tariffs through a "China + Vietnam + U.S." strategy [1] Group 1: Global Production Layout - Since 2018, the company has recognized changes in international trade dynamics and initiated overseas production capacity layout, establishing two production bases in Vietnam: Haiphong and Thai Binh, which are now operating synergistically [2] - The Haiphong factory has been operational since 2019, while the Thai Binh base, covering 50,000 square meters, has completed its first phase and is set to start the second phase, enabling it to undertake production tasks for U.S. exports [2] Group 2: U.S. Localization Strategy - The North American and European markets are the primary focus for the global garden machinery industry, with the U.S. market being particularly significant due to its high per capita green space [3] - In 2023, the company commenced operations at a production base in Tennessee, USA, focusing on localized assembly of high-value commercial products, enhancing supply chain responsiveness and service capabilities in North America [3] - The chairman emphasized that this localization strategy not only mitigates potential tariff barriers but also aligns with the company's philosophy of being close to the market and customers, allowing for timely adjustments to market demands [3] Group 3: Risk Mitigation Measures - The company has developed a comprehensive response strategy to the changing international trade environment, which includes accelerating the construction of the Vietnam production base, advancing U.S. localization, and optimizing global market sales structure to reduce reliance on a single market [4] - The chairman stated that the company has established a robust risk mitigation system through years of global layout, which will further strengthen its competitive advantage in international markets as production capacity in Vietnam and manufacturing capabilities in the U.S. expand [4] - Analysts note that the company's global strategy demonstrates foresight, with its diversified production configuration effectively addressing current tariff challenges and laying a solid foundation for sustainable long-term development [4]
格力博多措并举积极应对美国加征关税挑战