China’s epidemic spreads at multiple points Loctek Ergonomic Technology Corp(300729) : the logistics supply chain is basically not affected

With regard to the recent multi-point spread of the epidemic in China, and whether Loctek Ergonomic Technology Corp(300729) ‘s production base and logistics transportation are blocked, Xiang Lehong, chairman of the company, responded to the reporter of the daily economic news: “Lege has always been proactive in the layout of the supply chain. In 2016, it invested and built a factory in Vietnam. The core components are made in China and the finished products are exported to Vietnam. From the perspective of logistics supply chain support, although the epidemic situation in China is more widespread and the company is backed by Beilun port, it has basically no impact under the closed-loop management of port transportation in China, and the shipping space in Vietnam is also guaranteed. The sea freight rate has dropped slightly, but the overall situation continues to be high and consolidated, There is great pressure on export-oriented enterprises. To this end, we actively negotiate long-term negotiation prices with shipping companies to reduce the impact of shipping prices on the operation of enterprises. “