Boshen Tools: Anti-dumping litigation will not have a major impact on the company

At the online briefing session of Boss Tools 2009 Annual Results held on March 1, Chen Huairong, chairman of the company, said that the US anti-dumping lawsuit against diamond saw blades and components originating in China and South Korea does not affect the company's operations and profitability. Will have a greater impact.
He said that in response to the anti-dumping risk, since December 2009, the company has used the price-performance advantage and bargaining power of the product to properly adjust the product price. In addition, in recent years, the company has continued to reduce the cost of products through internal tapping and other methods.
He pointed out that the company has hired a team of lawyers, including Chinese and American lawyers, and is well prepared for the annual review. In the first annual review, it strives to achieve a lower tax rate.

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