Huali Group: Currently, no clients have requested manufacturers to reduce prices to share potential tariff impacts.

On April 8, Huali Group said on the interactive platform that the company’s sales price is an offshore quotation (FOB price), and the price pricing mechanism of sports shoe manufacturers and customers is a cost-plus pricing model, and tariffs are usually not borne by manufacturers. If the final tariffs of Vietnam and Indonesia and the United States are reduced to a relatively reasonable level, the cost of customers will not increase significantly, and it will also be conducive to the stability of terminal sales prices. At present, the customer has not canceled or reduced the order, has not received a notice from the customer to adjust the shipment plan, and has not proposed that the manufacturer needs to reduce the price to share the possible impact of tariffs.