collected micro-network news, the industry reported that wafer supplier carrier Deng Group issued an announcement to customers in mainland China, affected by the international situation, it is unable to conduct any monetary and formal capital exchanges with some mainland Chinese companies, and will suspend related Equipment service provided. According to the " Economic Daily " report, the Taiwanese manufacturer Deng Group responded today (28th) that it has no consideration of withdrawing from mainland China.
After the United States introduced new regulations on chip control in mainland China in October this year, Gardeng Group may become the first key equipment and consumables factory in Taiwan, China, to issue a notice without warning to suspend supply to mainland Chinese companies. However, Gadden clarified today.
Specifically, Gardeng stated that Gardeng Automation Company only notified individual manufacturers to suspend the service provision of related equipment, and has negotiated and dealt with it through other methods, and will fulfill its contractual rights and obligations according to the contract. The product affected by this case is a single case, and the affected amount is only one million Taiwan dollars in payment. Other equipment products of Gudeng Automation Co., Ltd. and Gudeng Vehicle's business operation and financial status will not be affected.
Jiadeng emphasized that this year’s revenue has repeatedly hit new highs. At present, funds are abundant, and the company’s performance in the mainland China market has been quite successful. This year’s cumulative revenue is several times that of 2021. In order to achieve better capital utilization efficiency, reduce Geopolitics may have an impact, actively discuss with major customers and adjust trade terms, which have been completed one after another.
Garden said that the revenue from mainland China made the overall revenue of Garden hit a new high in a single month in November this year, and December is also expected. At present, Jiadeng Automation is implementing relevant measures, hoping to minimize the capital risk by receiving payment in advance or shortening the payment period, etc., and achieve more effective shipping arrangements when the production capacity of and are fully loaded.
(proofreading/Zhang Jie)
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