Zheng Quan Shi Bao Wang·2025-11-20 12:57Core Viewpoint - The European Commission has initiated an anti-dumping investigation against Chinese lawn mower manufacturers, including Daye Co., which may impact the company's export operations to the EU market [1][2]. Group 1: Company Response and Strategy - Daye Co. plans to adjust its overseas production structure and integrate production resources to mitigate the impact of the EU's anti-dumping investigation on its lawn mower business [1]. - The company has completed the acquisition of its German subsidiary AL-KO, enhancing its production capabilities in Austria, which will allow for local operations of lawn mower product development, manufacturing, and sales [1]. Group 2: Financial Performance - In the first three quarters of the year, Daye Co. achieved a revenue of 3.07 billion yuan, a year-on-year increase of 122.23%, and a net profit of 124 million yuan, up 483.56% [3]. - The third quarter revenue was 522 million yuan, reflecting an 83.41% year-on-year growth, while the net profit showed a loss of 101 million yuan, a decrease of 218.83% compared to the previous year [3]. Group 3: Market Conditions and Future Outlook - The company acknowledges the uncertainty of the impact from the anti-dumping investigation on its production and operations, emphasizing its commitment to protecting shareholder rights and adhering to disclosure obligations [2]. - Daye Co. has noted that the revenue growth is attributed to the high cost-performance ratio of its products and the acquisition of AL-KO, which contributed to increased sales [3]. - The company is focusing on enhancing R&D and product innovation to adapt to seasonal market fluctuations and competitive pressures, with plans to optimize product structure and control costs for improved operational quality [4].