GUOLIN TECHNOLOGY(SZ:300786) Ge Long Hui·2025-09-23 09:17Core Viewpoint - The European Commission has imposed significant anti-dumping duties on acetic acid products originating from China, which will affect the pricing competitiveness of the company's exports to the EU market [1][2]. Group 1: Anti-Dumping Duties - The final ruling on the anti-dumping investigation resulted in a 57.30% duty on acetic acid produced by Xinjiang Guolin, while other Chinese companies face duties ranging from 29.20% to 124.90% [1]. - The anti-dumping measures will be effective for five years from the date of the announcement [1]. Group 2: Impact on Business Operations - In 2024 and the first half of 2025, the revenue from acetic acid exports to the EU accounted for a small percentage of the company's total revenue, specifically 3.50% and 1.27% respectively [1]. - The imposition of high anti-dumping duties has led to a decrease in the price competitiveness of the company's acetic acid, resulting in some customers ceasing imports due to the burden of the duties [2]. - Despite some customers opting to continue purchasing, there is an expectation that demand may be suppressed due to the anti-dumping duties, which could exert pressure on the company's sales in the EU market [2]. Group 3: Strategic Response - The company plans to enhance product research and development, reduce costs, and expand sales in markets outside the EU to mitigate the impact of the duties [2]. - The company will closely monitor policy and tariff changes in key export countries to improve its risk resilience [2].