Flash | 23 Jul 2025 10:23:46 ET │ 9 pages China Construction Materials Takeaways from Expert Call with SCI on China Glassfiber Cycle Watch CITI'S TAKE We hosted a glass fiber expert call on Jul 23 with Ms. Liu Yang, Chief Analyst of SCI, who shared her analysis of the glassfiber cycle watch. Ms. Liu believes we are now hovering at the bottom, whilst differentiated advantages will emerge among leading producers. The expert call was conducted in Mandarin; below is a summary based on our notes and our translat ...

Core Viewpoint - WF Holding Ltd is making significant investments in China to expand its business and enhance bilateral economic cooperation and technological exchanges [1] Group 1: Investment Plans - The company is seeking suitable corporate land in various parts of China to establish new factories [2] - The investment aims to strengthen production capacity, expand both Chinese and overseas markets, and increase market share [2] - The company plans to focus on the development and production of high-performance glass fiber products and establish long-term partnerships with local companies [2] Group 2: Project Implementation - The investment project is set to commence within the year, allowing the company to integrate resources more effectively [3] - The project will promote technological innovation and improve the efficiency of the overall industrial chain [3] Group 3: Market Strategy - This investment is a strategic response to the potential of the Chinese market and will support the company's expansion in the Southeast Asian market [4] - The company aims to enhance its competitiveness in the global market and will adjust its investment strategy based on market trends and demand [4]

Core Points - The European Commission announced the initiation of a first sunset review investigation into subsidies for woven and/or stitched glass fiber fabrics originating from China and Egypt, following an application submitted by Tech-Fab Europe on March 12, 2025 [1] - The investigation will assess whether the removal of current countervailing measures would lead to continued or renewed subsidization of the products in question and the potential harm to the EU domestic industry [1] - The period for the sunset review investigation on dumping will be from January 1, 2024, to December 31, 2024, while the investigation period for industry harm will cover from January 1, 2021, until the end of the dumping investigation period [1]