Core Viewpoint - The European Union has initiated an anti-dumping investigation against Chinese pea protein, which may impact the sales of Yantai Shuangta Food Co., Ltd. in the EU market. Group 1: Overview of the Anti-Dumping Investigation - The investigation targets high-protein pea protein with a protein content exceeding 65% on a dry weight basis, covering all types derived from peas, in all physical forms [1]. - The investigation period for dumping and injury is set from July 1, 2024, to June 30, 2025 [2]. - The trend review period for damage assessment is from January 1, 2022, until the end of the investigation period [3]. Group 2: Potential Impact on the Company - In 2024, the sales revenue from pea protein with over 65% protein content exported to the EU is expected to account for approximately 3.92% of the company's total revenue. For the first half of 2025, this figure is projected to rise to 6.48% [4]. - The company currently cannot estimate the specific impact of the anti-dumping investigation due to the uncertainty surrounding the outcome, including potential tax subjects, forms, rates, and start dates [4]. Group 3: Company's Response Strategy - The company has established a special task force and hired a professional legal team to actively respond to the investigation [5]. - The company plans to expand into emerging international markets, strengthen domestic market development, and accelerate the construction of overseas factories [5]. - The company will closely monitor the progress of this matter and fulfill its information disclosure obligations in a timely manner [5].

Core Viewpoint - The company is facing a potential anti-dumping investigation by the EU regarding its pea protein products, which may impact its sales and operations in the European market [1][3]. Group 1: Sales and Revenue Impact - In 2024, the sales revenue from pea protein with over 65% protein content exported to the EU accounted for approximately 3.92% of the company's total revenue [1]. - For the first half of 2025, this proportion increased to 6.48%, indicating a growing reliance on the EU market for high-protein pea products [1]. Group 2: Investigation Details - The EU Commission has initiated an anti-dumping investigation based on a complaint from a temporary alliance of EU pea protein producers, focusing on high-protein pea protein products with over 65% protein content [3]. - The investigation will cover all types of pea-derived products, including yellow and green peas, in various forms such as powder and solution [3]. - The investigation period is set from July 1, 2024, to June 30, 2025, with a damage assessment review period from January 1, 2022, until the end of the investigation [3]. Group 3: Company Response - The company has established a special task force and hired a professional legal team to actively respond to the ongoing investigation [1]. - The company plans to expand into emerging international markets, strengthen domestic market development, and accelerate the construction of overseas factories [1]. - The company will closely monitor the situation and fulfill its information disclosure obligations based on the developments of the EU anti-dumping matter [1].

Core Viewpoint - The European Commission has initiated an anti-dumping investigation into high-protein pea protein from China, which may impact the company's export sales to the EU significantly in the coming years [1] Group 1: Company Impact - The company's sales of pea protein products to the EU are projected to account for approximately 3.92% of total revenue in 2024 and 6.48% in the first half of 2025 [1] - The company has established a special task force and hired legal counsel to actively respond to the investigation [1] - The company plans to explore emerging international markets and accelerate the construction of overseas factories [1] Group 2: Investigation Status - The investigation is currently in its early stages, and no detailed information regarding potential tariffs has been disclosed yet [1] - The company will closely monitor the progress of the investigation and fulfill its information disclosure obligations in a timely manner [1]

Core Viewpoint - The European Commission has initiated an anti-dumping investigation into Chinese pea protein, following a complaint from the Ad Hoc Coalition of Union Pea Protein Producers, which may impact the company's export sales to the EU [1] Group 1: Investigation Details - The investigation targets high-protein pea protein with a protein content exceeding 65% on a dry weight basis, covering all types derived from peas, including but not limited to yellow and green peas, in all physical forms (solid like powder, liquid like solution, regardless of whether they are organized) [1] Group 2: Financial Impact - In 2024, the sales revenue from pea protein with a protein content exceeding 65% exported to the EU is expected to account for approximately 3.92% of the company's total operating income [1] - For the first half of 2025, this figure is projected to rise to about 6.48% of the company's total operating income [1] Group 3: Future Uncertainty - The anti-dumping investigation is currently in the inquiry stage, and the future outcome of the investigation remains difficult to predict [1]