Core Viewpoint - The U.S. Department of Commerce has issued final rulings on anti-dumping and countervailing duties against thermoformed molded fiber products from China and Vietnam, significantly impacting the industry and forcing a restructuring of global supply chains [1]. Group 1: Anti-Dumping and Countervailing Duties - The final anti-dumping duty rate for Zhongxin Co., as a mandatory respondent, is set at 283.89%, while other Chinese producers/exporters face rates ranging from 49.08% to 477.97% [1]. - The final countervailing duty rate for Zhongxin Co. is 97.82%, with other Chinese producers/exporters facing rates between 7.56% and 319.92% [1]. Group 2: Impact on the Industry - The rulings will block the export of thermoformed molded fiber products from China to the U.S., compelling U.S. customers to seek suppliers outside of China, leading to a reorganization of the global supply chain [1]. - The domestic production capacity in China is expected to become surplus, and competition in non-U.S. markets will intensify, posing significant challenges for Chinese pulp molded product manufacturers [1]. Group 3: Company Response - Zhongxin Co. plans to expand its presence in non-U.S. markets and actively identify high-potential target markets while building diversified sales channels [2]. - The company aims to optimize its production capacity and product structure to meet customer demands in the new market environment, providing high-quality products and services to all customers, including those in the U.S. [2]. - As of September 26, 2025, Zhongxin Co.'s stock price is reported at 76.09 yuan per share, with a market capitalization of approximately 7.779 billion yuan [2].
众鑫股份：美国商务部对原产自中国、越南热成型模塑纤维产品作出反倾销、反补贴调查终裁 料对中国纸浆模塑生产企业造成较大冲击