Core Viewpoint - The U.S. Department of Commerce has announced the final ruling on anti-dumping and countervailing duties for specific low-speed passenger vehicles (LSPTV) imported from China, significantly impacting the company’s market expansion in the U.S. [1] Summary by Category Anti-Dumping and Countervailing Duties - The final anti-dumping duty rate for the company is set at 119.33%, while the countervailing duty rate is 31.45% [1] - Other Chinese exporters face a much higher anti-dumping duty rate of 478.09% and a countervailing duty rate of 41.14% [1] Financial Impact - In the fiscal year 2024, the company's revenue from the U.S. is projected to be 242 million yuan, accounting for 29.14% of total revenue [1] - For the first quarter of 2025, the company's U.S. revenue is expected to be 24.1 million yuan, representing 14.63% of total revenue [1] - The company anticipates that the implementation of the final duty rates will have a significant adverse effect on its efforts to expand in the U.S. market [1]