Securities code: Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) securities abbreviation: Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) Announcement No.: 2022022 Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271)
Announcement on the price adjustment of the company’s main products
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) (hereinafter referred to as “the company”) based on the continuous rise in the price of main raw materials, resulting in the continuous increase of product costs, combined with market demand and other factors, in order to better provide customers with high-quality products and services, the company has decided to adjust the price of some main products of the company from March 16, 2022. The expected adjustment range is as follows:
1. Increase the asphalt coiled material by 15% – 20%;
2. Polymer coiled material increased by about 10%;
3. Polyurethane coating increased by about 20%;
4. Water based coatings up by about 20%;
5. The increase of asphalt coating is about 20%.
The company will closely track the price trend of raw materials and the changes of market supply and demand, and timely adjust the price of the company’s products. The product price adjustment will help to further improve the company’s sustainable profitability and is expected to have a positive impact on the company’s operating performance. The board of directors of the company reminded investors that the impact of this price adjustment on sales is uncertain. At the same time, the duration of the price of new products is uncertain, and there is a risk that the price of products will continue to fluctuate. Please invest rationally and pay attention to investment risks.
It is hereby announced.
Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) board of directors March 14, 2022
