Workflow
国林科技:欧盟对中国乙醛酸产品征收反倾销税不会对公司产生重大影响

Core Viewpoint - The European Commission announced the final ruling on anti-dumping investigations against acetic acid products originating from China, imposing a 57.3% anti-dumping tax on the acetic acid produced by the company's wholly-owned subsidiary, Xinjiang Guolin, while other Chinese companies face taxes ranging from 29.2% to 124.9% [1] Company Summary - The anti-dumping measures will take effect from the date of the European Union's final ruling announcement and will last for five years [1] - In 2024 and the first half of 2025, the revenue from the company's acetic acid exports to the EU will account for a small proportion of total revenue, specifically 3.5% and 1.27% respectively [1] - Overall, the low proportion of revenue from acetic acid exports to the EU indicates that the imposition of anti-dumping taxes will not have a significant impact on the company's future production and operations [1]