Weixing Co., Ltd.: The significant increase in prices of bulk commodities such as copper has had a certain impact on the company's raw material costs.
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Golden Ten Data reported on March 5 that Weixing Co., Ltd. stated during an investor relations event that the significant increase in prices of bulk commodities such as copper has had a certain impact on the company's raw material costs. The company adopts a cost-plus pricing model for its products and actively manages procurement timing and optimizes inventory management based on existing orders and raw material price trends. Additionally, it promotes the research and development of new materials and new processes, striving to offset the adverse effects caused by rising raw material prices.
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