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    Shanghai Sanmao (600689): Textiles Account For About 15% Of Exports To The United States

    2022/3/28 19:07:00 0

    Shanghai Sanmao

    An investor asked Shanghai Sanmao (600689) a question. Hello, Mr. Dong. The company's revenue is mainly from import and export business, accounting for about 80% of the total operating income. What is the percentage of business in the U.S. region? What are the specific product types?

    According to the company's 2020 import and export data (2021 data is still under audit), the company's main exports to the United States are textiles, accounting for about 15% of the company's total exports. Thank you for your attention.

    An investor asked Shanghai Sanmao (600689) a question. Hello, Mr. Dong, is the resumption of tariff exemption for 352 Chinese products in the United States beneficial to your export business in the long run? What kind of business is it embodied in?

    The company replied, "Hello, the company's exports to the United States are mainly textiles.". The export commodities of the company are not involved in the US tariff exemption list. Thank you for your attention.

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