With the rise in oil prices and the increase in freight costs, we have noticed that many shipping companies have also made price adjustments. After receiving the news, we actively communicated with shipping companies and freight forwarders to discuss price adjustments and forecast future freight adjustments.
In order to ensure the interests of customers, we have decided to adopt a preferential policy of large discounts to reduce the cost of customers from the source to ensure the economic benefits and sustainable development benefits of customers. From August 2022, we will readjust the overall price of the order according to the customer's order quantity, and cooperate with a number of shipping companies and freight forwarders to better protect the customer's profit margin.
The situation in today's world is turbulent and unknown. In this environment, the whole group has always maintained the belief of unity and sharing weal and woe to deal with complex and ever-changing international issues.
The new round of financial crisis is becoming more and more obvious. In order to resist the strong impact of the financial crisis, we will also make emergency plans and do our best to reduce the economic losses of our customers and us.