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Honghua Digital Technology (688789.SH): The impact of the China-U.S. tariffs on the company's Business is relatively small.
On May 7, Gelonghui reported that Honghua Digital Technology (688789.SH) stated on the interactive platform that the tariffs between China and the USA have little impact on the company's Business. Although nearly half of the company's Business is for export, its products are mainly sold overseas to countries in South Asia such as Pakistan, India, Bangladesh, and Southeast Asian countries like Indonesia, as well as to European countries and regions like Italy and Turkey. The customers in these countries and regions mainly use the company's products for local Consumer, and the proportion of products exported to the USA is very low. Domestic customers use digital printing based on its competitive advantage in the S Business with quick responses, rather than for processing export products.
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