Core Viewpoint - Lixun Precision indicates that the global manufacturing landscape and capacity layout are currently stable, with established tariff policies in regions like Vietnam, India, and Southeast Asia [1] Group 1: Manufacturing Landscape - The company suggests that large-scale relocation of production capacity could lead to increased manufacturing costs and mismatched supply chain resources [1] - The impact of tariff policies on a company should be assessed based on its global market positioning and the completeness, leadership, and coverage of its global layout [1] Group 2: Company’s Global Layout - Lixun has established production capacities in Southeast Asia, the Americas, Europe, and North Africa, covering various sectors including consumer electronics, automotive, and data centers [1] - This diversified global presence allows the company to effectively respond to the impacts of tariffs and maintain its competitive edge in the industry [1]