We would like to take this opportunity to thank you for your continued patronage and support. In recent years, the cost of procuring all kinds of raw materials, parts, and sub-materials has skyrocketed due to various global conditions. In addition, the cost of products manufactured overseas has risen due to local freight charges, large increases in ocean freight charges due to the global shortage of containers, and fluctuations in exchange rates (yuan/dollar), which have made it extremely difficult for us as a company to maintain current prices.
We have made every effort to absorb the cost increases by streamlining our manufacturing process and reducing overhead costs, but these efforts are now beyond the scope of our efforts.
Therefore, we regret to inform you that we have decided to implement the following price revision for our products.
We would appreciate your understanding in this matter.
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