Every AI express, investors ask on the investor interaction platform: the company’s net interest rate is actually only more than four points. To be honest, it is inferior to those selling vegetables in the vegetable market. The company blames the rise in the price of raw materials, but the company has no bargaining power to the downstream? Without any technology content, the industry with low market threshold has no bargaining power, but the company boasts advanced technology and high threshold. If the raw materials continue to remain high, the company will lose money?
On May 20, Tongling Co., Ltd. (301168. SZ) said on the investor interaction platform that the company mainly makes pricing based on the cost plus principle and makes timely adjustments according to market supply and demand and total sales volume. There is a certain time difference between the adjustment of product sales price between the company and downstream customers and the rise of raw materials. The new round of price adjustment can not fully offset the impact of the rise of raw material prices on the company’s profits, There is no difference from the overall trend of the industry. The company expects that the price fluctuation of bulk commodities and other raw materials will return to rationality in 2022, and the impact of rising raw material prices on the company’s operation will return to normal.
(reporter Chen Pengcheng)
