Jin10 Data reported on May 6th that Longxi Co., Ltd. issued a notice of unusual movements. The company's main business is the research and development, production, and sales of joint bearings, tapered roller bearings, and gears/transmissions. The company's fundamentals have not changed, but this year, it faces numerous difficulties and challenges such as increasingly fierce market competition, rising labor costs, and additional tariffs on product exports. The company will actively take measures to strive to maintain stable main business operations and performance. The company reminds investors to invest rationally and pay attention to investment risks.
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Longxi Co., Ltd.: Main business and operating performance remain stable.
Jin10 Data reported on May 6th that Longxi Co., Ltd. issued a notice of unusual movements. The company's main business is the research and development, production, and sales of joint bearings, tapered roller bearings, and gears/transmissions. The company's fundamentals have not changed, but this year, it faces numerous difficulties and challenges such as increasingly fierce market competition, rising labor costs, and additional tariffs on product exports. The company will actively take measures to strive to maintain stable main business operations and performance. The company reminds investors to invest rationally and pay attention to investment risks.