Core Viewpoint - The company is actively monitoring the fluctuations in the RMB to USD exchange rate and is enhancing its foreign exchange risk management strategies [1] Group 1: Company Strategy - The company is focused on optimizing its product and market structure to increase product value and explore more diverse markets [1] - The company aims to continuously enhance its product pricing power [1] Group 2: Share Buyback - The results of the company's share buyback implementation have been announced through designated information disclosure media [1] Group 3: Decision-Making Process - All business decisions made by the company are based on industry trends and its actual circumstances [1] - Significant matters will be disclosed in a timely manner through legal information disclosure channels [1]

Group 1 - Brazil's government is increasing support for companies affected by the 50% tariffs imposed by the US on certain Brazilian exports through financial aid, overseas expansion, and market diversification [1] - The Brazilian government has allocated 30 billion reais under the "Brazil Sovereignty Plan" to provide insurance, loans, and tax reductions for impacted businesses [1] - The Brazilian Export and Investment Promotion Agency is enhancing its presence in the US, with plans to establish an office in Washington and an existing branch in New York [1] Group 2 - Brazil has established cooperation with the US Chamber of Commerce and companies importing Brazilian products to advocate for the exclusion of more products from the tariff list [1] - The demand for Brazilian products, particularly coffee and beef, remains strong in the US market, and Brazil aims to maintain a mutually beneficial trade relationship with US importers [1] - The Brazilian Export and Investment Promotion Agency has identified 72 countries with potential to absorb exports affected by tariffs, based on research conducted in over 100 markets [1][2] Group 3 - Brazil's trade cooperation with multiple countries is thriving, and the BRICS mechanism offers more opportunities for Brazilian companies [2] - In the first quarter of 2025, Brazil's export value reached 77.3 billion USD, with significant exports to China (19.8 billion USD), the EU (11.1 billion USD), the US (9.7 billion USD), and the Southern Common Market (5.8 billion USD) [2] - Key export products include crude oil, soybeans, iron ore, and coffee, with an increase in industrial manufactured goods exports [2]

Core Insights - MIC International Station (MIC) successfully participated in the Korea Build Week and the Malaysia International Food and Beverage Trade Fair, enhancing its "New Maritime Plan" for diversified market expansion [1][6] Group 1: New Maritime Plan - Launched in April, the "New Maritime Plan" focuses on diversified international market strategies, supporting Chinese suppliers in emerging markets through resource investment and targeted operations [2][8] - The plan has led to a 44% year-on-year increase in platform traffic in Q2, with regions like the Middle East, Latin America, Africa, South Asia, and Europe seeing over 50% growth [7] Group 2: Trade Shows and Events - At the Korea Build Week, MIC organized a "Business Chain" event, facilitating over 100 buyers' participation and showcasing six exhibitors, which resulted in high engagement and potential client connections [4] - The Malaysia International Food and Beverage Trade Fair featured a dedicated "Chinese Food Machinery Zone," attracting significant attention, including a visit from the Deputy Minister of Agriculture and Agro-Based Industry [6] Group 3: Industry Support and Growth - A special fund of 150 million yuan has been established to support light industry products affected by tariff barriers, focusing on ten key sectors [7] - Notable increases in traffic for light industry categories were reported, with computer products, gift boxes, and consumer electronics seeing year-on-year growth rates of 108%, 97%, and 66% respectively [7] Group 4: Future Plans - MIC plans to accelerate its multi-market strategy with the launch of the "Golden Autumn Trade Fair" and participation in major industry exhibitions in Dubai, aiming to deepen its presence in the rapidly growing Middle Eastern market [8]

Core Viewpoint - The adjustment of U.S. tariffs on Chinese goods has led to a resurgence in trade activities in Yiwu and Shenzhen, with businesses actively resuming orders and logistics operations. Group 1: Yiwu Trade Resumption - Following the reduction of tariffs, businesses in Yiwu have resumed trade with the U.S., with one merchant expecting to produce around 20,000 units of a product due to the favorable tariff news [1] - Logistics companies in Yiwu are also ramping up operations, with a warehouse filled with goods originally destined for the U.S., indicating a significant increase in shipping activities [3] Group 2: Shenzhen's Export Activities - In Shenzhen, foreign trade companies have begun contacting U.S. clients to restart orders, with one beauty product company reporting an urgent need from clients to expedite shipments due to inventory shortages [6] - A foreign trade supervisor in Shenzhen noted that projects previously stalled due to tariffs are now expected to resume, with plans to notify factories to expedite production [8] Group 3: Market Diversification in Shenzhen - Businesses in Shenzhen's Huaqiangbei area have been actively seeking new clients and markets, with reports of a 30% increase in foreign customers as they adapt to the changing tariff landscape [12] - Merchants in Huaqiangbei are optimistic about the future, viewing the current challenges as opportunities to strengthen their market presence [12] Group 4: Shipping and Logistics Adjustments - Shipping agents in Shanghai are preparing for increased activity as the tariff adjustments allow for the resumption of cargo shipments, with companies confirming updated shipping rates [15] - The release of previously held U.S. imported goods from bonded warehouses is also expected, indicating a return to normalcy in logistics operations [15]