An investor asked on the investor interaction platform: what is the reason for the sharp decline in sales of LIS, a Korean company? Is its sales likely to pick up this year?
Jiangsu Yawei Machine Tool Co.Ltd(002559) ( Jiangsu Yawei Machine Tool Co.Ltd(002559) . SZ) said on the investor interaction platform on March 31 that due to the impact of the epidemic and other factors, the development of Korean LIS in the Chinese market was less than expected and more bad debt reserves were withdrawn, resulting in the decline of sales scale and large losses in 2021. At present, the company has taken a series of measures, such as actively assisting LIS in introducing new strategic shareholders and planning new businesses, so as to promote the steady operation of LIS production and operation.
