April 10, 2025 – Recently, an investor posed several questions to Kingfa Sci & Tech Co., Ltd. (600143). The investor inquired, “Hello, secretary to the board. As a leading enterprise in the modified plastics industry, how does the US tariff increase impact the company’s operations? What proportion of the company’s product sales are exports to the US? Is there any consideration of building a factory in the US in the future to mitigate the impact of unstable tariff policies on the company’s production and operations?”
The company responded, “Dear investor, hello! In 2024, the revenue from the company’s direct exports to the US accounted for less than 0.5% of the overall revenue. The company is actively promoting its globalization strategy. In 2015, it established a subsidiary, Kingfa USA. The modified plastics factory of Kingfa USA was officially put into production in 2016. Thank you for your attention to the company!”